Can you really buy a Ford Lightning for under $60k?

If you’re looking for an electric truck, you’ve probably come across the 2023 Ford F-150 Lightning.

It’s the electric version of Ford’s iconic F-150, and it’s been popular for offering impressive power, modern features, and eco-friendly performance.

But the question is, Can You Really Buy a Ford Lightning for Under $60k?

In this article, you will get a detailed answer for this question. So, let us get started right away.

Can You Really Buy a Ford Lightning for Under $60k?

Can You Really Buy a Ford Lightning for Under $60k?

The 2023 Ford F-150 Lightning starts at around $49,995 for the base model, which is known as the Pro trim.

This is great news because it means the entry-level version is well under $60k. However, keep in mind that this base model comes with fewer features compared to the higher trims, but it’s still a solid truck with plenty to offer.

Here’s a quick rundown of the starting prices for the different 2023 Ford Lightning trims:

  • Pro: $49,995
  • XLT: $59,474
  • Lariat: $74,474
  • Platinum: $98,074

As you can see, while the Pro and XLT trims come in under $60,000, the higher-end Lariat and Platinum models are quite a bit more expensive.

So, if your goal is to stick to a budget of $60,000, you’re most likely going to be looking at the Pro or XLT trims.

What’s Included in the Under $60k Models?

Can You Really Buy a Ford Lightning for Under $60k
Can You Really Buy a Ford Lightning for Under $60k

So, if you decide to go for the Pro or XLT models, what can you expect? Here’s a quick breakdown of what comes with each:

1. Pro Trim ($49,995)

The Pro trim is the base model but still offers a lot, especially for an electric truck at this price point. Here are some key features:

  • Dual electric motors (standard on all trims), providing 426 horsepower and 775 lb-ft of torque
  • A standard range battery (EPA-estimated range of 230 miles per charge)
  • Towing capacity of up to 7,700 lbs
  • A 12-inch touchscreen infotainment system
  • Ford’s Co-Pilot360 driver assistance features (like lane-keeping assist, automatic emergency braking)
  • Standard 4-wheel drive

While it’s the simplest version of the Lightning, it’s still a capable truck. If you’re okay with the standard range battery and don’t mind fewer tech and luxury features, the Pro trim is a perfect fit for you.

2. XLT Trim ($59,474)

The XLT trim gets you a bit more for your money while still being under $60k. Some of the added features include:

  • Upgraded interior materials
  • Additional driver-assist features, like adaptive cruise control
  • Enhanced appearance packages (think more chrome, nicer wheels, etc.)
  • Optional extended range battery (but this will push the price over $60k)

The XLT is a nice step up if you want a bit more comfort and tech but don’t want to stray too far from your budget.

It offers a good balance between features and price, and if you stick to the standard battery and avoid too many add-ons, it stays within that $60,000 limit.

Factors That Affect the Price

Can You Really Buy a Ford Lightning for Under $60k?

Now, while it’s true that the base prices of the Pro and XLT trims are under $60k, there are a few things that can raise the cost –

1. Add-Ons and Upgrades

If you start adding optional features, the price can go up.

For example, upgrading to the extended range battery will add a few thousand dollars, pushing you over $60,000. The same goes for optional packages, more luxurious materials, or advanced tech features.

2. Location and Dealer Markups

Sometimes, where you live can also impact the final price. Dealer markups are not uncommon, especially for popular models like the Lightning.

Some dealerships may charge more than the manufacturer’s suggested retail price (MSRP), so be sure to check with your local dealer about any potential markups or additional fees.

3. Taxes, Fees, and Incentives

Don’t forget about sales tax, registration fees, and other dealership fees, which can add to the total cost.

However, you might also be eligible for EV tax incentives and rebates, which could help lower the price.

In the U.S., for example, you could be eligible for a federal tax credit of up to $7,500, depending on the specific model and configuration you choose.

Be sure to check for any local or state incentives too!

Is It Worth Buying a Ford Lightning Under $60k?

If you’re wondering whether the Pro or XLT trims are worth it, the answer really depends on what you need from your truck.

For the Budget-Conscious Buyer

If you’re focused on keeping costs down and don’t need all the fancy features, the Pro trim is an excellent choice.

You still get a powerful, reliable electric truck that’s perfect for day-to-day driving, light hauling, and normal work tasks and it is packed with enough technology to keep you comfortable on the road.

For a Bit More Comfort and Tech

If you’re willing to stretch your budget just slightly (still under $60k), the XLT trim gives you a bit more comfort, some extra tech, and a nicer overall feel.

It’s a good choice if you want a middle ground between the basic model and the higher trims without breaking the bank.

Can You Really Buy a Ford Lightning for Under $60k?

Conclusion

Yes, you can definitely buy a 2023 Ford Lightning for under $60k, but you’ll likely be looking at the Pro or XLT trims.

The base model starts at around $49,995, and the XLT comes in at just under $60,000 at $59,474. Both trims offer plenty of features, impressive power, and the benefits of driving an electric vehicle.

However, keep in mind that adding too many extras or upgrades could push the price above that $60,000 mark.

If you’re someone who values the eco-friendliness of an EV, the towing capacity, and the overall durability of a Ford truck, the Lightning is a solid choice.

Just be sure to factor in any potential add-ons, dealer markups, and taxes when considering your budget.

Whether you go for the Pro or XLT, you’ll still be getting a reliable, innovative electric truck that meets your needs while staying under the $60k price point.

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