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How Much Is A Fully-Loaded F-150 Lightning?

How Much Is A Fully-Loaded F-150 Lightning?
Written by Publishing Team

A fully loaded Ford F-150 Lightning has an MSRP of just over $90,000 and can cost over $4,000 per month in some scenarios. However, there are also financing options that can cost as little as half that amount. Here’s a look at what you can expect to pay on a loaded F-150 Lightning truck and how you can get the best deal.

The range-topping 2022 Lightning Platinum is priced at $92,569 including destination. According to the Dealer Incentive Bulletin, the F-150 Lightning has no APR deals at this time and Ford Credit is only offering standard rates. Based on the company’s online payment estimator, this includes a 5% APR.

On a 72-month no-cash loan, the F-150 Lightning Platinum has an estimated payment of $1,491 per month. The shortest loan advertised online is 24 months financing at $4,062 per month. Both numbers don’t include taxes and fees, or important incentives like the federal tax credit for electric vehicles and state plug-in discounts.

With a 10% down payment ($9,257), the F-150 Lightning Platinum gets a 72-month payment of $1,342 per month. With a 20% down payment ($18,514), the payment is $1,193. A potential dealer’s markup can throw off these estimates, and the actual interest rate will be determined by your credit score and possibly other factors as well.

Interest costs at a 5% interest rate can be expensive. For example, a 72-month loan on an F-150 Lightning Platinum at MSRP would cost $107339 and include $14,770 in interest. If you have bad credit, you may look for a higher interest rate and must meet the requirements for subprime lending.

We expect the F-150 Lightning to get a significant premium over other trucks. For those who qualify, Lightning offers discounts on Ford plan rates, but is excluded from Friends & Neighbors rates. The truck bill price calculation is very unusual, and merchants are not allowed to advertise Lightning under the MSRP.

Like the Mach-E, the F-150 Lightning will offer a rental-like alternative called the Ford Options Plan. This may be the most affordable way to get the F-150 Lightning. After all, the Ford credit doesn’t pass the $7,500 tax credit to renters as rent cash on Mach-E and isn’t expected to do so on Lightning either.

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