Here’s One Reason Ford Mustang Mach-E Is Better Than The Real One

If you’re in the market for a Mustang (in name, at least), you ought to know that the Ford Mustang Mach-E is cheaper to lease than its muscle car namesake. According to CarsDirect, the Mustang Mach-E is taking advantage of incentives this year. After a price cut earlier this year, the electric crossover can now be leased for $448 a month, notably less than the most affordable lease price for a Mustang coupe.

The discount comes from the lease cash available for the Mustang Mach-E, valued at $9,600, including Ford’s $600 Summer Sale that runs until September 3, 2024. Because of this, the Select RWD trim (equipped with Package 100A) can be had for only $319 per month over 36 months. With $4,649 due at signing (spread through 36 months), the effective monthly payment would be $448.

Mach-E Versus Muscle Cars

As of this writing, the most affordable lease deal available for a Blue Oval pony car is for a 2023 Mustang Ecoboost, with an effective monthly lease price of $477. Weirdly enough, the Mustang Mach-E is also more affordable to lease than the Mustang’s crosstown rival, the outgoing Chevy Camaro, with the V8-powered LT1 having an effective monthly lease of $483.

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It’s not that buyers of muscle cars are cross-shopping for a Mustang Mach-E, but it’s important to note that pony cars have a lower MSRP than the electric crossover. This will get trickier for the 2025 model year, with the Ford Mustang getting a price increase of at least $2,600 as the only V8-powered muscle car on sale.

The Mustang Mach-E Push

Ford is aggressively selling the Mustang Mach-E, and that’s paying off, according to the company’s latest sales figures for the year’s first half. Compared to the same period last year, the Blue Oval sold nearly 60% more units of the electric Mustang, showing that pricing and incredible deals like this sway customers into buying.

Related

New Ford Capri Revival Is Another Mustang Mach-E Moment

Yet again, a once sacred name is being repurposed for a completely new role as an crossover. At least there’s up to 336 hp on tap.

Meanwhile, Ford EVs improved during H1 2024, selling 71.8% more than last year in the same period. Let’s see by the end of this year if the positive numbers hold, but the current business climate shows that Ford is implementing a change in pace with its EV strategy.

Source:
CarsDirect