The Mustang Mach-E is the Blue Oval’s first all-electric SUV. The Mach-E was met with a lot of skepticism, but thousands of Ford fans have grown to love the American automaker’s first electric vehicle. The Mach-E has recently gotten price cuts. Which Ford Mustang Mach-E trim gets the most benefit from recent price drops?
The 2023 Ford Mustang Mach-E California Route 1 just got a major discount
The 2023 Ford Mustang Mach-E California Route 1 is the longest-range Mach-E trim. It gets an incredible range of 312 miles. The California Route 1 Mach-E had a previous MSRP of $63,575. Its updated MSRP is $57,995. According to , the price of California Route 1 dropped a whopping 8.8% or $5,580.
it’s cheaper across the board, which is great news for consumers. The Ford Mustang Mach-E GT Extended Range got an 8.4% price cut by changing the MSRP from $69,895 to $63,995. That’s a total price cut of $5,900. Not too shabby, Ford.
The Mach-E Premium RWD got a 7.2% price cut, dropping from $54,975 to $50,995. That’s a total price cut of $3,980. So what does it give? Why is the blue oval suddenly slashing Mach-E prices? Is the popularity of the small electric SUV waning after an impactful debut and first two years on sale?
The short answer is that Ford is slashing Mach-E prices to stay competitive with the top dogs in the EV space like Tesla. Tesla recently cut some prices and increased orders as a result. Objectively, some of the most popular EVs on the market are too expensive for most average consumers. So these price cuts are welcome, to say the least.
Should You Get a 2023 Ford Mustang Mach-E?
The 2023 Ford Mustang Mach-E starts at $45,995 after recent price cuts. It makes 266 horsepower and 317 Nm of torque. The Mach-E RWD has an estimated range of 247 miles. It can go from 0 to 60mph in 5.8 seconds.
The Mach-E comes standard with a wireless charging pad, 12-volt power points, and ActiveX seating material. Also includes electric glass heated mirrors with turn signals, soft vinyl wrapped steering wheel and rain sensing front wipers.
The 2023 Ford Mustang Mach-E competes with the Hyundai Ioniq 5, Kia EV6, and . Publications like Kelley Blue Book rank the Hyundai Ioniq 5 over the Mustang Mach-E. Ford’s EV has had some reliability issues lately, but it remains one of the best options in its segment. It’s worth looking for drivers who want a small electric SUV with the style, driving verve and spirit of a Mustang.