American legacy automaker Ford has reportedly launched new incentives for 2023 Mustang Mach-E buyers, including Bonus Cash and low-interest financing.
The all-electric crossover’s Q2 2023 sales suffered a year-on-year decline of 21.1% to 8,633 units in the US. Therefore, the recent incentives are likely part of the company’s efforts to promote the Mustang Mach-E and increase its sales in the following quarters.
Ford’s Red Carpet Lease for select US cities
Below are the additional retail discounts for the 2023 Ford Mustang Mach-E under the Red Carpet Lease:
| US Cities | Monthly Payment for 36 Months | Signing Fee | Security Deposit |
| New York | $586 | $0 | Waived |
| Detroit | $439 | $439 | Waived |
| Miami | $409 | $5,000+ | Waived |
| Los Angeles | $569 | $0 | Waived |
Apart from that, Miami-based customers can also opt for the 1.9% annual percentage rate (APR) financing for 60 months. It will come with a bonus cash worth $3,000.
Likewise, buyers in LA can also consider a 2.9% APR financing retail offer for 60 months.
However, it must be noted that these incentives do not apply to every customer as they can deviate based on the region.
In addition, qualified customers must hurry to take advantage of these incentives as they will only last until October 2. It would also be best for interested buyers to directly inquire at nearby dealers for more discounts that this report may have failed to indicate.
Apart from these new set of incentives, the model is also eligible for federal tax credits of up to $3,750 in the US.
Presented below are the current pricing of the 2023 Mustang Mach E:
| Ford Mustang Mach-E Variants | Price |
| Select | $45,340 |
| Premium | $49,265 |
| California Route 1 | $58,915 |
| GT | $62,140 |
See Also:
- Ford’s Mustang Mach-E business enters local joint venture in China
- Ford steps up EV efforts with plans to electrify the Fiesta Model and modifies Mustang Mach-E
- Ford has produced its 150,000th Mustang Mach-E
- 2023 Ford Mustang Mach-E – Review, Pricing and Specifications
- Ford announces plans to ramp up Mustang Mach-E production in 2023, cuts prices by $600 to $5,900
Ford has been struggling to achieve its goal of beating industry leader Tesla. The company has suffered declining sales and revenue figures in the past quarters. Nonetheless, it continues to fight by launching promotional strategies to attract more customers. Hopefully, these recent incentives can aid the automaker in improving its sales in the third quarter.
