Ford has recently updated the F-150 Lightning for 2024, and prospective buyers are in for a pleasant surprise. The new model is available for leasing through Ford Credit at interest rates similar to those of the 2023 model. Specifically, a 4.76% lease or interest rate is available for 36 months, 5.17% for 39 months, and 5.67% for 48 months. It remains uncertain whether the 2024 F-150 Lightning will also qualify for a $7,500 lease discount, which was available on some versions of the older model due to federal EV tax credits.
According to Cars Direct, the lease rate for the F-150 Lightning is substantially lower than that of its combustion-powered counterpart, which starts at 7.42%. This competitive pricing strategy could attract a broader range of customers to Ford's electric vehicle (EV) offerings.
The 2024 F-150 Lightning lineup also introduces the Flash version, a premium model based on the XLT trim. Contrary to expectations that it might be performance-oriented, the Flash comes with an array of high-end technological features. With a starting price of $69,995, it fits squarely in the middle of the Lightning range, which includes the Lariat ($77,495), Platinum ($89,995), and Platinum Black ($97,995) models.
Notably, the Flash offers a wide range of standard features, such as a 15.5-inch infotainment display, an eight-speaker Bang & Olufsen sound system with a subwoofer, and wireless smartphone charging. The vehicle also includes a Tow Technology Package as standard, featuring Pro Trailer Backup Assist, Trailer Brake Controller, Smart Hitch, smart trailer tow connection point, trailer reverse guidance, and on-board scales. Moreover, the model's driving range has been enhanced through the addition of a heat pump, allowing it to travel an EPA-estimated 320 miles on a single charge.
With its competitive lease rates and enriched feature set, the 2024 F-150 Lightning demonstrates Ford's commitment to pushing the boundaries in the electric vehicle market.