The F-150 Lightning now starts at $20K more than when it was announced

Ford is elevating the value of the F-150 Lightning for the fourth time — the bottom “Professional” trim has gone from $55,974 to $59,974, not together with a $1,895 transportation charge. When the corporate introduced the Lightning in Could 2021, the beginning value for the Professional was $39,974, $20,000 lower than the place it’s sitting now. Different fashions within the lineup, such because the Lariat and Platinum, are additionally getting value bumps.

Based on Automotive Information, the Lariat trim has gone up $1,500 to $77,869, and the Platinum mannequin is now $99,969, up by $1,200. (These costs do embody the transportation charge.) The marginally extra attainable XLT trim is the one one which seems to be unaffected — its value rose to $63,474 in December and appears to have stayed there. Even that, although, is kind of a leap from its unique sticker value of $52,974.

Whereas CNBC studies that the corporate has restarted Lightning manufacturing, it doesn’t essentially imply that the truck goes to be extra accessible to customers. The corporate’s shopper and professional websites each word that “the present mannequin yr is now not obtainable for retail order” attributable to excessive demand. And, after all, the upper costs.

Its competitors isn’t faring a lot better. Rivian’s R1T begins at round $73,000, and the corporate is telling individuals making reservations in the present day that they shouldn’t count on supply till at the very least fall 2023. Within the meantime, costs are topic to vary, and delays are all the time a risk.

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