---
title: "Ford Slashes 2023 Mustang Mach-E Price by up to $8,100 With 0% APR"
description: "Ford is getting aggressive with discounts to move last year's Mustang Mach-E, cutting prices by up to $8,100 for the Premium, extended-range trim."
date: "2024-02-20"
modified: "2024-02-20"
authors:
  - name: "Nico DeMattia"
    job_title: "Contributing Writer"
    link: "https://www.thedrive.com/authors/nico-demattia"
url: "https://www.thedrive.com/news/ford-slashes-2023-mustang-mach-e-price-by-up-to-8100-with-0-apr"
categories:
  - "Ford News"
  - "News"
  - "News by Brand"
tags:
  - "Electric Vehicle"
  - "Ford"
  - "Mustang Mach-E"
  - "suv/crossover"
---

# Ford Slashes 2023 Mustang Mach-E Price by up to $8,100 With 0% APR

![](<https://www.thedrive.com/wp-content/uploads/2024/02/20/ford-mustang-mach-e-3.jpg>)
*Ford*

Ford wants more butts in [Mustang Mach-E](<https://www.thedrive.com/news/borlas-fake-v8-exhaust-for-the-ford-mach-e-is-out-and-heres-what-people-think-about-it>) seats, so it's slashing the prices of its electric SUV across the board. Each Mach-E trim level will get a pretty hefty MSRP drop, to go along with 0% APR financing for 72 months or a "Red Carpet" $7,500 lease incentive, depending on which route you take. The only caveat is that these discounts only apply to leftover 2023 stock.

"We are adjusting pricing for MY23 models as we continue to adapt to the market to achieve the optimal mix of sales growth and customer value," [Ford](<https://www.thedrive.com/category/ford-news>) spokesperson Martin Günsberg told *The Drive*.

![](<https://www.thedrive.com/wp-content/uploads/2024/02/20/ford-mustang-mach-e-2.jpg>)
**Ford**

While every 2023 Mustang Mach-E is cheaper than before, not all price drops are equal. The base model Mach E Select rear-wheel drive gets a $3,100 discount, bringing the MSRP down from $44,795 to $41,695 (after $1,800 destination fee). The biggest MSRP drops are on the Mach-E Premium Extended Range (both RWD and AWD) and the California Route 1 AWD, with an $8,100 price decrease.

| **Model** | **Former MSRP** | **New MSRP** | **Discount** |
| --- | --- | --- | --- |
| Select RWD | $44,795 | $41,695 | $3,100 |
| Select AWD | $47,795 | $44,695 | $3,100 |
| Premium RWD (Standard Range) | $48,795 | $44,695 | $4,100 |
| Premium AWD (Standard Range) | $51,795 | $47,695 | $4,100 |
| Premium RWD (Extended Range) | $55,795 | $47,695 | $8,100 |
| Premium AWD (Extended Range) | $58,795 | $50,695 | $8,100 |
| California Route 1 AWD | $58,795 | $50,695 | $8,100 |
| GT | $61,795 | $54,195 | $7,600 |
| GT Performance | $66,795 | $59,195 | $7,600 |

*All prices listed include destination charges.*

If you lease the cheapest model—the Mach-E Select RWD—the MSRP becomes $34,195 after the $7,500 lease incentive. That gets you a 72 kWh (usable) battery pack, a single rear-mounted motor, and 266 horsepower. What's interesting about these discounts is that the Premium RWD model becomes as cheap as the Select AWD model. In other words, if you can live without all-wheel drive, you can get some upgraded interior goodies at no extra cost.

![](<https://www.thedrive.com/wp-content/uploads/2024/02/20/ford-mustang-mach-e-1.jpg>)
**Ford**

Of course, this is only on 2023 model-year Mach-E vehicles, so you'll have to scour your local dealerships for last year's leftover cars. And since these are MSRP changes, and not discounts that require any sort of eligibility, the only thing you need to do to save money on a Mustang Mach-E is pick out the right one.

*Got tips? Send 'em to tips@thedrive.com*

## Author
Nico is a writer and reviewer from New Jersey who probably thinks he’s a lot funnier than he actually is. His love of cars began when he was just a kid playing Gran Turismo 3, grinding out enough race wins with a Mazda Miata to save up for an in-game RUF 911. That passion for small, lightweight sports cars drove his desire to learn more about the industry, get his hands on as many cars as he could, and bring those experiences to life on the page. He cut his teeth writing about BMWs, Volkswagens, and Audis, mostly, and has owned far too many of each. He’s on his fourth 3 Series sedan, but all of his old, cheap German cars have forced him to learn more about car maintenance than his mechanical capability can handle. Too many late nights have been spent scrambling to get a car running by morning so he could get to work. For some reason, he never seems to learn that old Bimmers probably aren’t the best daily drivers. But he loves more than just old German cars. He’ll gladly drive and discuss anything with four (or even three) wheels. Cars aren’t his only passions, though. Nico is also a big nerd and loves movies, video games, comic books, and cares far too much about the New York Giants. So don’t be surprised if you see football references or dumb, obscure movie quotes in any of his car reviews.

### Author social links  
[Instagram](<https://www.instagram.com/ndemattia/>)  
[LinkedIn](<https://www.linkedin.com/in/nico-demattia-90885540/>)