Ford announced new lower prices for the Mustang Mach-E ahead of its market launch later this year.
In the memo to dealers, the company informs that all price cuts go into effect from September 29. The changes will apply to those customers who have placed orders or made reservations since the model was unveiled.
Depending on the trim level, prices decrease between $1,000 and $3,000.
The Premium trim gets a $3,000 price cut, and now costs $48,100 (RWD) and $50,800 (AWD). The California Route 1 RWD trim’s price is lowered by $2,000 to $50,900.
The Select trim sees a $1,000 price cut: the AWD model costs $46,695, the RWD variant – $43,995. The top-of the-range Mach-E First Edition becomes $1,000 cheaper: $59,400.
A $1,100 shipping charge is included. Customers are eligible for a $7,500 federal tax credit.
No word is said of the GT version which will go on sale in spring 2021.
Reducing prices, Ford strives to be fully competitive in the segment where prices are being dynamically changed.
The Ford Mustang Mach-E has a driving range up to 300 miles. Its rival, Volkswagen ID.4, starts at $41,990, and covers up to 250 miles on a single charge. Another rival, the Tesla Model Y, costs from $49,990 and boasts 316 miles of range.
Source: Automotive News