The Ford Mustang Mach-E has experienced a remarkable 88.7% surge in U.S. sales during the first quarter of 2024 compared to the previous year, driven by the introduction of enticing leasing deals and discounts for both the 2023MY and 2024MY models.
Ford’s strategic move to unveil these new leasing deals has paid off, particularly with the outgoing 2023 Mustang Mach-E. Despite the 2024 model being in production for some time, a significant inventory of 2023 models remains. As of June 18, these models are available with up to $12,000 in lease cash, effectively bringing the EVās starting price below $30,000 in certain U.S. regions.
Notably, the Mustang Mach-E Select RWD now features $11,750 in lease cash, a substantial increase from the previous $8,500 offer. Similarly, the Mustang Mach-E Select AWD offers $12,000 in lease cash, marking a 41% rise from the previous $8,500 offer. This translates to potential prices as low as $29,945 before taxes and fees.
Savings are also extended to the Mach-E California Route 1 and GT models, although capped at $9,750 and $9,250, respectively.
With these discounts, the 2023 Mach-E Select Standard Range can be leased for $392 per month for 36 months with $1,142 due at signing, a deal valid until July 8.
For those considering the 2024 Mustang Mach-E, the timing is opportune. Starting this week, all 2024 models are eligible for $7,500 in lease cash, a significant increase from the previous offers ranging from $1,500 for the Select RWD Standard Range to a maximum of $5,250 for the Premium AWD Extended Range.
While this deal is set to expire on July 8, potential shoppers may want to wait for a potential additional incentive from Ford for the July 4 holiday.