Just when you thought the EV deals couldn’t get better, Ford is cutting 2024 Mustang Mach-E prices with a new 0% APR offer. The deal comes after Ford slashed Mach-E prices by up to $8,100 earlier this year.
Ford is offering 0% APR on the 2024 Mustang Mach-E
After dropping prices in February, Ford’s EV sales surged 86% in Q1, securing second in the US electric vehicle market.
Ford’s Mustang Mach-E was the second best-selling electric SUV behind Tesla’s Model Y, with 9,589 units sold, up 77% over last year.
According to a study by data analytics firm Cloud Theory, the impact of Ford’s price cuts was “dramatic and immediate.” Mach-E weekly movement rose from around 300 to over 1,000, reaching as high as 1,800 in early March.
With the competition intensifying, Ford is sweetening the deal again to make the electric SUV even more attractive.
Based on a new note sent to dealers, the 2024 Ford Mustang Mach-E now features a 0% APR deal for 48 months. According to online auto research firm CarsDirect, this is the best date on the 2024MY so far.
| 2024 Mustang Mach-E trim | Range | Starting Price |
| Mustang Mach-E Select | 250 mi | $39,995 |
| Mustang Mach-E Premium | 320 mi | $43,995 |
| Mustang Mach-E GT | 280 mi | $53,995 |
| Mustang Mach-E Rally | 265 mi | $59,995 |
The offer comes after the 4-year rate went to 1.9% from 2.9% less than a week ago. The report notes most Mach-E rates are about 3% lower than at the beginning of May. For example, the 60-month rate dropped to 0.9% (from 3.9%), while the 72-month rate was cut to 2.9% (from 5.9%).
CarsDirect estimates that the Mach-E is almost $5,000 cheaper than it was in early May on a $50,000 loan. However, the offer is only currently available in certain states, including Arizona, California, Colorado, Florida, Michigan, Oregon, Texas, and Washington.
If you’re looking for more deals, Ford is offering 0% APR (72 months) on all 2023 Mach-E models plus up to $3,000 in bonus cash. Meanwhile, if you’re trading in a Tesla, you can save up to $10,000 in some states.
Are you ready to take advantage of Ford’s new price cuts? We can help you get started. You can use our link to find deals on Mustang Mach-E models at a dealer near you.