Ford Canceled Planned 2022 Mach-E Price Increases

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As CarsDirect’s resident pricing expert, Alex offers must-know analyses of pricing & incentives to those looking to buy or lease a car. His consumer-oriented coverage of the latest trends and breaking news has been featured by The Wall Street Journal, Fox Business, Motor Trend, Automobile Magazine, and more.

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, Managing Editor - April 18, 2022

Ford quietly canceled planned price increases on the popular Mustang Mach-E, a letter sent to dealers reveals. The company says that 2022 Mach-E price increases set to take effect back on April 13th were canceled. The move came shortly after the company stopped taking Mach-E orders due to high demand.

In the letter, Ford says "due to the closure of the Order Bank for 22MY Mustang Mach-E on 4/8/22, this pricing action will not be enacted." Although we don't have access to all details about the price increase, an unconfirmed report on an online forum claims that the price increase was up to $5,000 on some Mach-Es.

According to a post on BlueOvalForums.com, 2022 Mach-E Select and Premium trims were set for a $2,000 price increase, with $4,000 increases on the California Route 1 and GT. The destination charge was also poised for a $100 price hike, followed by a $2,000 increase on the Premium trim's Extended Range Battery.

Even though mid-year price increases aren't unusual, this wouldn't have been the first price hike on the Mach-E. The last one was in December and involved as much as a $3,000 change on some configurations. As we reported today, Ford stopped taking 2022 Mach-E orders on April 8th due to overwhelming demand.

Just last month, Ford stopped taking requests for half the number of Mach-E configurations, limiting buyers to the Select and GT. Earlier this month, the company's estimated wait for new orders ballooned to 32 weeks. Soon thereafter, the company cut a factory financing incentive and began increasing Mach-E interest rates.

While the cancellation of the planned 2022 Mach-E price increases may be good news, it does beg the question of just what Ford has planned down the road. Did this simply delay the price increases to the 2023 Mustang Mach-E? As long as the Mach-E remains such a hot commodity, that could be a foregone conclusion.

Explore Ford Mach-E Prices & Deals

, Managing Editor

As CarsDirect’s resident pricing expert, Alex offers must-know analyses of pricing & incentives to those looking to buy or lease a car. His consumer-oriented coverage of the latest trends and breaking news has been featured by The Wall Street Journal, Fox Business, Motor Trend, Automobile Magazine, and more.

Follow On: Twitter

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