--- title: "Nearly $10k cheaper? Updated Ford F-150 Lightning pricing" url: "https://pickuptrucktalk.com/2023/07/nearly-10k-cheaper-updated-ford-f-150-lightning-pricing/" publisher: "Pickup Truck + SUV Talk" content_signal: "search=yes, ai-input=yes, ai-train=no" author: "Tim Esterdahl" published: "2023-07-17T17:16:52+00:00" modified: "2026-10-02T12:43:15+00:00" image: "https://pickuptrucktalk.com/wp-content/uploads/2023/07/Lightning-XLT-at-Beach.jpeg" --- # Nearly $10k cheaper? Updated Ford F-150 Lightning pricing By Tim Esterdahl Published: 2023-07-17T17:16:52+00:00 Updated: 2026-10-02T12:43:15+00:00 ![Featured image]() The electric Ford F-150 Lightning pricing [has been updated](), and there’s a big drop in price for most of the models. Ford Motor Co. says the price drop is a combination of factors, including the Rouge Electric Vehicle Center in Michigan finishing upgrades to improve efficiency. Plus, there’s been a massive drop in battery material costs, which has lead to lower prices. [Lithium pricing](), for example, has been in a free fall for months. ## **Ford F-150 Lightning pricing** The newly updated pricing for the [Ford F-150 Lightning]() shows each trim is going to see significant changes in price. The base model will see the biggest change with an adjustment of $9,979. This is much closer to what Ford originally announced for pricing, and the F-150 Lightning will now start at $49,995 — not including the $1,995 destination fees. Other trims see similar price changes except for the higher trim Lariat and Platinum. There price changes are less than $7,000. | Model | Previous MSRP | Updated MSRP | Adjustment | | --- | --- | --- | --- | | Pro | $59,975 | $49,995 | $(9,979) | | XLT 311A | $64,474 | $54,995 | $(9,479) | | XLT 312A | $68,474 | $59,995 | $(8,479) | | XLT 312A Extended Range | $78,874 | $69,995 | $(8,879) | | Lariat 510A | $76,974 | $69,995 | $(6,979) | | Lariat Extended Range | $85,974 | $77,495 | $(6,979 | | Platinum Extended Range | $98,074 | $91,995 | $(6,079) | Ford says ordering is now open for all customers, and there is a $1,000 bonus for retail customers who build their own XLT, Lariat or Platinum truck through their dealer or via [ford.com]() from July 6 to July 31 as part of the national summer sales event. Additionally, Ford Credit is offering eligible buyers interest rates as low as 1.9% APR for 36-months. ## **The bottom line** One of the difficult things with electric vehicles are the prices. Big price drops sound good for consumers, but they have a negative effect on used prices. As we reported on last week, there is a [surplus of used electric vehicles]() right now and pricing is taking a hit. For example, many Tesla models are now tens of thousands cheaper than they were just a year ago. This is attributed to both less demand for used EVs as well as Tesla doing a similar price drop to the Ford Lightning pricing above. So, buyer beware: Purchasing a new electric vehicle means you could be looking at much lower resale value than with a traditional gas-only vehicle. ## Structured page information ~~~json [ { "@context": "https://schema.org", "@graph": [ { "@type": "Article", "@id": "https://pickuptrucktalk.com/2023/07/nearly-10k-cheaper-updated-ford-f-150-lightning-pricing/#article", "isPartOf": { "@id": "https://pickuptrucktalk.com/2023/07/nearly-10k-cheaper-updated-ford-f-150-lightning-pricing/" }, "author": { "name": "Tim Esterdahl", "@id": "https://pickuptrucktalk.com/#/schema/person/82b06f99329f69a069a5ab6caed18593" }, "headline": "Nearly $10k cheaper? 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