It is by no means been cheaper to get behind the wheel of a Ford Mustang Mach-E.
Ford this week slashed pricing on the electrical crossover for the third time in somewhat over a 12 months as gross sales take a nosedive.
The 2023 Mustang Mach-E in base Choose RWD type is now priced to begin at $41,695, together with an $1,800 vacation spot cost. That is down $3,100 from the earlier pricing introduced final Might. Including all-wheel drive nonetheless prices an additional $3,000.
The worth cuts are even greater for extra fascinating grades. The GT now begins at $54,195 whereas the GT Efficiency Version begins at $59,195. Each figures are down $7,600 from the earlier pricing.
Value reductions on 2023 Ford Mustang Mach-E – Feb 20, 2024
The largest lower, a saving of $8,100, has been made to the Premium grade with the Prolonged Vary battery and the California Route 1. Pricing for these grades now begins at $47,695 and $50,695, respectively. All figures embrace vacation spot.
U.S. gross sales of the Mustang Mach-E in January have been simply 1,295 items, which was down 50% from the identical interval a 12 months in the past and down virtually 75% from the prior month.
In an announcement to The Verge, Ford spokesman Martin Gunsberg stated the newest value cuts have been “to adapt to the market to attain the optimum mixture of gross sales progress and buyer worth.”
It is not clear whether or not the worth cuts will lengthen to the 2024 mannequin which might be accessible to order later this winter. The 2024 mannequin will see the addition of a brand new Bronze Look Package deal for the GT grade, plus the off-road-ready Mustang Mach-E Rally grade. Ford has beforehand stated the Rally will begin round $65,000.