- Ford is offering 2023 Mach-E models with up to $12,000 in lease cash.
- The new incentives mean it’s possible to lease a Mach-E for less than $30,000.
- A lease cash offer for the 2024 model has also been increased to $7,500.
Sales of the Ford Mustang Mach-E surged by 88.7% in the U.S. during the first quarter of 2024 compared to the previous year. Alongside this strong performance, the automaker has unveiled a series of attractive leasing deals and discounts for both the 2023MY and 2024MY Mach-E models. Will these incentives lead to even higher sales throughout the summer?
The new leasing deals start with the outgoing 2023 Mustang Mach-E. While the 2024 has been in production for quite some time, there are still plenty of 2023 models sitting in Ford’s inventory. As of June 18, some of these models are available with up to $12,000 in lease cash, bringing the EV’s starting price below $30,000 when leased in some parts of the U.S.
Read: Ford’s EV Sales Nearly Double In 2024, Bronco Slumps 16%
Cars Direct has discovered that the Mustang Mach-E Select RWD now features $11,750 in lease cash, marking a notable increase from the previous $8,500 offer. Similarly, the Mustang Mach-E Select AWD offers $12,000 in lease cash, representing a 41% rise from the previous $8,500 offer. As a result, prices could drop to as low as $29,945 before taxes and fees.
Savings are also available for the Mach-E California Route 1 and GT but cap out at $9,750 and $9,250, respectively.
With these discounts factored in, the 2023 Mach-E Select Standard Range can be leased for $392 per month for 36 months with $1,142 due at signing. This offer is valid until July 8.
Now could also be a good time to pick up a 2024 Mustang Mach-E. From this week, all 2024 models are eligible for $7,500 in lease cash. Prior to this deal, lease cash offers for the 2024 model varied between $1,500 for the Select RWD Standard Range and capped at out $5,250 for the Premium AWD Extended Range.
This deal also ends on July 8, and while it may convince some shoppers to sign a lease on a 2024 model, Ford could introduce an additional incentive for the July 4 holiday, so it might be worth waiting a couple of weeks.
