Material cost increases contribute to a price increase as high as 17.5% for the 2023 Ford F-150 Lightning, according to the company.
The 2023 Ford F-150 Lightning gets a range boost for a second model year, but also a big price increase. Ford revealed Tuesday that it's raising the base price by $7,000.Pro increases from 230 miles to 240 miles with the standard 98-kwh battery pack, while the price increases from $39,974 to $46,974, excluding destination charges that haven't been announced yet . Ford gave a similar excuse to explain the 17.5% price increase.
Ford said it has honored the original MSRP for all customer orders to date, adding that reservation holders who received an invitation to order but instead extended their reservation because their desired configuration was unavailable will receive a private offer.
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