Ford has reportedly implemented a round of price cuts to several trims of the 2024 F-150 Lightning. The recent price adjustments were focused primarily on the all-electric pickup truck’s mid-level variants.
Citing a bulletin that Ford reportedly sent to its dealer network, CarsDirect reported that the F-150 Lightning’s price changes came into effect on April 5. With the price cuts in place, some variants of the F-150 Lightning saw adjustments of as much as $5,500.
The recent round of price adjustments from Ford did not affect the Lightning Pro Standard Range and Lightning Platinum Extended Range variants, as those models still start at $54,995 and $84,995, respectively. The Ford F-150 Lightning XLT Standard Range, however, saw a price reduction of $2,000 to $62,995. The F-150 Lightning Lariat Extended Range saw an adjustment of $2,500 to $76,995.
Most notably, the 2024 Ford F-150 Lightning Flash Extended Range was given a substantial price reduction of $5,500 to $67,995. Prior to its recent price adjustment, the F-150 Lightning Flash Extended Range started at $73,495. Interestingly enough, Ford’s recent price reduction brought back the F-150 Lightning Flash closer to its launch price. When the Lightning Flash trim was launched in October 2023, it had a starting price of $69,995.
The Ford F-150 Lightning Flash trim is arguably one of the all-electric pickup truck’s most bang-for-the-buck options. It’s based on the F-150 Lightning XLT trim, but it adds several tech features. Apart from its extended-range battery with a target EPA range of 320 miles and BlueCruise, the F-150 Lightning Flash is also equipped with a 15.5-inch touchscreen, a B&O sound system with HD radio and eight speakers, and a wireless charging pad, among other amenities.
The F-150 Lightning is eligible for the full $7,500 federal tax credit in the US, provided that its MSRP is below $80,000. The recent round of price reductions thus makes the F-150 Lightning a lot more attractive to consumers, especially those who are looking to acquire the vehicle’s Lariat, Flash, XLT, and Pro trims.
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