According to research by video producer B Rich on YouTube, the upcoming 2023 Ford F-150 Lightning is going to cost people much more than they might expect. We know Ford is raising the price of its electric pickup truck, but B Rich notes that the potentially higher prices are due in part to the impact of the Inflation Reduction Act of 2022, which includes a new Electric Vehicle (EV) Tax Credit.
We already told you all about the Ford F-150 Lightning's upcoming price hikes. In addition, we shared information from Ford CEO Jim Farley explaining the price increases going forward. Basically, a roughly $6,000 to $8,500 price increase across the lineup was put into place recently for the next wave of orders. Ford says people who placed their orders ahead of the increase will not have to pay extra, though their dealer could add a markup.