Pickup fans will have to fork out an extra $5,000 if they want to go Ford and electric for business use.
A 2023 F-150 Lightning will go for a starting price of $51,974, up almost 11% and by 30% over the original price tag in the spring of 2021.
Ford Hikes F-150 Price Tag
Carmaker blames supply-chain issues, inflation for nearly 11% increase.
October 6, 2022
Electric model targeted to business, commercial customers.
IMAGE: Ford Motor Co.
1 min to read
The carmaker cited continued supply-chain problems and inflation pressures on materials, pressures that have driven up the cost of materials for EVs across the industry.
The Lightning is targeted to business and commercial buyers. Ford drew attention for the starting price of the model when it introduced it – a hair under $40,000 and under many competitors’ EV offerings.
Originally posted on Auto Dealer Today
More Auto Finance
Auto Lenders, Consumers on a Tightrope
April borrowing data shows that more consumers are bending over backward to buy vehicles, though subprime lending cooled off for the month.
Read More →
Toyota Financial Services President Replaced
Scott Cooke has served in various roles with Toyota Financial Services for over 20 years, including president and CEO, which he retires from on June 30.
Read More →
Permission or Approval: When to Notify Finance Sources
Credit card down payments, multiple vehicle purchases and even straw purchases can be completed without committing bank fraud, as long as you tell the bank first.
Read More →
At-Risk Auto Borrowers Drive Looser Credit Access
Cox Automotive’s index shows the subprime segment, long loan terms, negative-equity borrowers and down payment amounts all grew in February despite ever-higher vehicle prices.
Read More →
Auto Loan Forecast Bucks Market Trend
Auto loan originations rose over 6% year-over-year in the third quarter of 2025, but TransUnion predicts a slight decline in auto loan growth this year, making it an outlier in the company's overall lending forecast.
Read More →
Auto Credit More Plentiful
Growing access shows greater lender appetite for risk as consumers take on heavier debt burden in an inflated market.
Read More →
Auto Loans Long as Stretch Limos
More consumers, faced with ever-rising car prices, are adapting by agreeing to longer loan terms despite the cost of added interest payments.
Read More →
AutoPayPlus Launches RePayPlus
The reinsured biweekly payment program offers auto dealers with customer retention and reinsurance structure.
Read More →
Auto Credit Access Loosens
December brought some of the best borrowing availability for consumers in years, though lenders tightened their reins on riskier segments of the market.
Read More →
Report Uncovers $4.7B Opportunity for Auto Dealers
Solving mismatched payment quotes can boost sales, profits
Read More →