Ford Motor Co on Tuesday said it had cut prices on its Mustang Mach-E electric SUV by up to $8,100 after sales fell sharply in January.
The No. 2 U.S. automaker’s lowest-price 2023 model year Mach E version now has a suggested retail price of $39,895, down from $42,995. The higher-end Mach-E GT spec will cost about $7,600 less, at $52,395. Other versions including the extended-range premium version will drop in price by $8,100 to $48,895.
The Bolt EV and Bolt EUV are pretty darn close. The larger EUV started at $29k and was eligible for the $7500 tax rebate last year (it was discontinued at the end of the year and I don’t know if any models remaining on dealer lots get the instant rebates under the new rules that went into effect January 1st). If you buy a used Bolt from a dealer you can get a tax credit of 30% off, up to $4000. I would think it’s possible to get a used Bolt for $15k, and a tax credit down to effectively $11k, which would probably be in the range you mention. I found the seats more comfortable but the suspension not as good; overall around the same size as the Mustang. Acceleration wasn’t as good but plenty good for an economy car. Really the only complaints I had were the cup holders were slightly smaller than is normal (could not fit my water bottle that had fit in every other car) and the DC fast charging was unacceptably slow. Charging at home was great but I would not want to take it on a road trip.