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 Mustang has been an affordable sports car for a long time. The price is right about where I’d expect a gas one to be (I haven’t priced a mustang since I was a kid, so I’m only guessing what the price is based on 30 years inflation).
We need more economy cars that are electric though. I’m not expecting a mustang to be that car.