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Ford reportedly eliminates lease-to-buy option on electric vehicles

Teslarati

As of June 15, 2022, Ford will no longer offer the opportunity to purchase its three all-electric vehicles, the F-150 Lightning, Mustang Mach-E, and E-Transit Van, for new leases. Ford informed dealers in a letter that it was discontinuing the end-of-lease purchase option for the E-Transit van, Mustang Mach-E, and F-150 Lightning.

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Electric Vehicle Adoption Divide Mapped

The Truth About Cars

Those states are California, Colorado, Massachusetts, Washington, Oregon and Maryland. Ford’s F-150 Lightning starts above $50,000, whereas its gasoline equivalent starts at $35,830 with shipping included. That's why Tesla reducing pricing to gain market share is so critical and is pulling that affordability score up," she said.

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Behind the Wheel, Under the Hood of Rivian's R1T

Cars That Think

The world’s first-to-market electric pickup truck, it turns out, isn’t from Ford, General Motors, or a late-to-market Tesla Cybertruck. Rivian, despite a near-$100 billion market cap, has miles and years to go to become “the next Tesla,” the unfortunate albatross that gets hung from the neck of many electric vehicle newbies.

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