With a new dealer incentive and Retail Customer Cash bonus, now may be the best time to buy Ford’s all-electric SUV. All versions of the 2023 Mustang Mach-E now include a significant discount for those buying or leasing.
A bulletin sent to dealers last week revealed a new discount for buying or leasing the 2023 Ford Mustang Mach-E, according to auto research firm CarsDirect.
Ford is now offering $6,250 in Retail Customer Cash on the 2023 Mustang Mach-E GT. The deal runs through January 2 and can be combined with the $3,750 EV tax credit for up to $10,000 in combined savings.
For those looking to lease, Ford Credit offers the same discount in Red Carpet Lease Cash on 2023 Mach-E models.
The Premium and California Route 1 are eligible for a $4,250 rebate, while the Mach-E Select qualifies for $1,250
Meanwhile, Ford introduced a hidden Mach-E discount less than two weeks ago. The automaker is offering an additional $3,000 in dealer cash on Mustang Mach-E models ordered before May 1.
2023 Ford Mustang Mach-E purchase and lease prices
The Select and GT trims are eligible for the maximum incentive on purchases, while the Premium and California Route 1 each receive $2,000. For leases, Ford is offering $1,000 across the entire lineup.
| 2023 Ford Mustang Mach-E trim | Starting Price | Lease at (per month) |
Due at signing (for leases) |
| Select | $42,995 | $637 | $5,117 |
| Premium | $46,995 | $607 | $5,487 |
| California Route 1 | $56,995 | $759 | $6,639 |
| GT | $59,995 | $733 | $6,913 |
However, dealers can decide to hold the dealer cash as profit or pass it along to the consumer. So, is it the best time to buy or lease a Mach-E?
For buying, perhaps. But despite similar MSRPs, the Tesla Model Y is still a way better deal with leases starting at $399 per month due to better lease incentives.
The new Mach-E deals come after Ford introduced a significant discount on the F-150 Lightning earlier this month.
Ford is offering up to $7,500 off the lease or purchase of a 2023 F-150 Lightning. With a potential $7,500 tax credit, shoppers can save up to $15,000.
Ready to get behind the wheel of your new electric vehicle at some of the lowest prices yet? We can help you find a great price at a nearby dealer. Check out our links below to get started today.