Ford F-150 Lightning gets big price hike as order book reopens

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Ford F-150 Lightning gets big price hike as order book reopens
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F-150 Lightning entry price up $7,000.

Boston, MA - June 7: The new Ford F 150 Lightning electric truck is tested in Bostons Dorchester on June 11, 2022. on Thursday, August 11, as production catches up with demand.in May after receiving over 200,000 reservations as it ramped up manufacturing of the battery-powered full size pickup.

The starting price for the 2023 F-150 Lightning has been increased $7,000, however, with the entry level commercial Pro model now listed at $46,974, up from $39,974 when it first went on sale. Other trims have received similar increases, with the top of the line Platinum up $6,400 to $96,874 before destination fees are added. A Ford spokeswoman told FOX Business the price adjustment is primarily the result of the rising materials costs affecting the automotive industry.The original lower pricing will be honored for current order holders.

"We’ve announced pricing ahead of re-opening order banks so our reservation holders can make an informed decision around ordering a Lightning," said Marin Gjaja, chief customer officer of Ford's new Model e division that handles electric vehicles.

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