You can now lease a Ford F-150 Lightning for just $1 more than a Maverick this month

Although Fordโ€™s all-electric F-150 Lightning is more than double the cost of a Maverick, lease prices are now nearly the same. You can lease a Ford F-150 Lightning for just $1 more a month than the entry-level Maverick.

Ford launched the F-150 Lightning, its first 100% electric pickup, in April 2022. The Lightning is a full-size EV pickup with up to 580 horsepower and 775 lb-ft of torque.

Ford calls the Lightning the โ€œsmartest, most innovativeโ€ F-150 ever built. After almost 50 years, Ford revived the Maverick name in 2021, a compact car sold in the โ€™70s, as its smallest pickup.

The Ford Maverick was launched as a smaller, more affordable alternative to the big trucks on the market.

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However, with massive new incentives this month, you can lease a full-size Lightning electric pickup for just $1 more per month than the Maverick in select markets.

Fordโ€™s 2024 Maverick XL starts at $28,015. According to online auto research firm CarsDirect, Maverick lease prices are estimated at $368 per month for 36 months in NY. With $2,989 due at signing, the effect cost totals $451 per month.

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2023 Ford F-150 Lightning (Source: Ford)

Why lease a Maverick when the Lightning is just $1 more

With $0 down, the 2023 F-150 Lightning Standard Range model is offered at just $452 per month, just $1 more than the Maverick. And thatโ€™s with the Lightningโ€™s more than double starting price of $56,900.

Although itโ€™s a 2023 model, at nearly the same monthly rate as the Maverick, the deal is hard to pass up. Ford is cutting the Lightningโ€™s lease price with a $9,500 rebate factored in.

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2024 Ford F-150 Lightning Flash (Source: Ford)

Ford introduced new lease incentives this week for the Lightning and Mustang Mach-E electric models. The 2023 Ford F-150 Lightning is now available for 0% APR for 72 months.

If youโ€™re looking for a newer Lightning, all 2024 models are now available with 0% for 60 months. Fordโ€™s Mustang Mach-E (2023 and 2024 models) are available with a new 24-month lease and $7,500 in Red Carpet Lease Cash.

If you finance through Ford Motor Credit Company, you can also defer payments for 90 days.

Ford F-150 Lightning trim 2024MY Starting Price Range
(EPA-est miles)
XLT $62,995 240
Flash $67,995 320
Lariat $76,995 320
Platinum $84,995 300
Platinum Black $92,995 300
Updated 2024 Ford F-150 Lightning price and range by trim (*not including $2,095 destination fee)

With over 44,000 electric cars sold in the US in the first half of 2024, Ford is the second best-selling EV brand in the US behind Tesla. With new summer savings, Ford hopes to close the gap in the second half of the year.

Are you looking to take advantage of Fordโ€™s new deals? We can help you get started. Click our links below to view deals on Fordโ€™s electric vehicles in your area.

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