The Ford F-150 Lightning Could Undercut Every Other Full-Size Truck on the Market

After factoring in the federal tax credits and state incentives, the F-150 Lightning could cost you cheaper than any new gas-powered full-size truck!

Ford launched the much anticipated F-150 Lightning earlier this week

The truck looks very impressive on paper, but the highlight is its sub-$40,000 price

Ford has priced the commercial entry-level trim at $39,974 before any credits or rebates

Unlike Tesla and GM, Ford EVs are still eligible for $7,500 federal tax credits

If you factor this in, the F-150 Lightning can effectively cost you $32,474

But, that's not all

A lot of states offer incentives over and above the federal tax credits that reduce the price even further

In Colorado, Vermont, Oregon, and Maine, the F-150 Lightning can cost you less than the standard F-150

For your reference, the fuel-powered 2021 Ford F-150 starts at $28,940

You can get up to $3,500 rebate in Colorado, which would bring down the price to $28,974

In Vermont, you can get up to $4,000 of rebate, bringing down the F-150 Lightning’s price to $28,474

Oregon offers two rebate programs that totals to $5,000. This means the electric truck can be had for $27,474

In Maine, you can get a rebate of up to $5,500, thus bringing to price to $26,974: $13,000 less than the actual price

What do you have to say about the F-150 Lightning's price? Let us know in the comments section

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