Ford Incentivizes Value-Oriented Customers with the 2024 Mustang Mach-E

Photo Source: Ford

Summary

• The entry-level Ford Mustang Mach-E Select rear-wheel drive is available to lease for $319 per month over 36 months.
• The Tesla Model Y can be leased for $499 a month for 36 months in the United States.
• Ford bolstered lease discounts by approximately 400 percent in June 2024, and increased them again.

If buyers are in the market for a Mustang, they should know that the 2024 Ford Mustang Mach-E is more affordable to lease than its pony car namesake. According to CarsDirect, the Mustang Mach-E is prospering from incentives in the 2024 model year. After a slash in prices earlier this year (2024), the electric crossover can now be leased for $448 a month, considerably less than the most reasonable lease price for a Mustang coupe.

What is the Lease Payment on a Mustang Mach-E?

The discount originates from the lease money available for the Mustang Mach-E, valued at $9,600, including Ford’s $600 Summer Sale that runs until September 3, 2024. To that end, the base Select rear-wheel drive trim outfitted with Package 100A can be had for just $319 per month over 36 months. With $4,649 due at signing spread through 36 months, the effective monthly payment would be $448.

Battery-Electric Mach-E v. ICE Automobiles

At this juncture, the most economical lease deal available for a Ford high performance vehicle is for a 2023 Mustang Ecoboost, with an effective monthly lease cost of $477. Surprisingly, the battery-electric SUV is also more inexpensive to lease than the Mustang’s crosstown competitor, the departing Chevrolet Camaro, with the V-8-propelled LT1 having an effective monthly lease of $483.

It is not that buyers of internal combustion engine-powered vehicles are cross-shopping for a Mustang Mach-E, but it is worth noting that muscle cars have a lower manufacturer’s suggested retail price (MSRP) than the electric crossover. With that in mind, this will become increasingly more complex for the 2025 model year, with the Ford Mustang receiving a cost uptick of roughly $2,600 as the sole V-8-fueled pony car on the market.

Ford’s Promotion of the Mustang Mach-E

The automaker is assertively pushing for the Mustang Mach-E, and that method is reaping benefits, according to Ford’s latest sales figures for the first half of the year (2024). For context, compared to the same period last year (2023), the brand sold almost 60 percent more units of the electric Mustang, indicating that pricing coupled with remarkable bargains like this inspire consumers to purchase. Along similar lines, Ford electric vehicles advanced during the first quarter of 2024, selling 71.8 percent more than last year (2023) in the same period.

Benefit From the Stupendous Electric Vehicle Deals Available at NYE Ford!

It remains to be seen if the productive numbers continue until the end of 2024, but the recent business tendency illustrates that the Blue Oval is applying a change of pace regarding its electric vehicle initiative. 

Are you excited about getting a new car? So are we. We are more than excited to help our customers; we are thrilled. For cost-conscious shoppers, now is the time to consider the leasing opportunities afforded to you courtesy of these impressive reductions in electric vehicle sticker prices. For example, the 2024 Ford Mustang Mach-E is a first-rate electric SUV with a sleek aesthetic and competitive range. Meanwhile, it must be noted that the vehicle showcases even greater appeal after being treated to a dizzying assortment of incentives.