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If you’re undecided, Ford is making your decision simpler by providing a significant discount on the vehicle. This means those interested in a lease could potentially save up to $15,000 off the retail price for 2023 models, with nearly 0% interest available in certain markets. Here are the key details you should be aware of.
Electric Vehicle Lease Specials
The bulk of the impressive $15,250 discount is attributed to Ford’s Red Carpet Lease (RCL) Customer Cash program, essentially a lease rebate. Regrettably, this discount is applicable solely to the Platinum trim, which comes with a substantial MSRP of $91,995. After the $15,250 discount, the total cost amounts to approximately $76,745 before any additional dealer charges or destination fees. It’s worth noting that this model already had a $7,500 discount prior to the latest incentive.
The Lariat Standard Range ($69,995) offers a discount of $9,750, while the Lariat Extended Range ($77,495) receives a smaller $9,250 reduction. Previously, both trims had a $5,000 discount off the retail price. Lastly, the XLT Extended Range ($69,995) has a reduced price of $7,000, up from $1,500.
The lease terms are set at 36 months with a maximum annual mileage limit of 10,500 miles. For buyers in California, Ford is enhancing the offer by lowering the lease’s money factor, effectively decreasing the interest rate from 5.68% to just 0.09%.
This promotion from Ford is currently available in at least 10 regions—Atlanta, Chicago, Cincinnati, Dallas, Houston, Los Angeles, Memphis, New York, Pittsburgh, and San Francisco. To take advantage of this deal, you can either contact your local dealership or utilize Ford’s online inventory tool to check for eligibility. Given that Memorial Day weekend tends to be a popular time for dealership sales, it’s recommended to check the inventory tool before heading out.
For those considering a purchase, Ford is providing a 1.9% financing option in addition to the $7,500 federal tax credit. However, to qualify for some of the government incentives, you’ll need to find a model priced under $80,000.
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