Ford’s Big Discounts for F-150 Lightning Pro Fleet Buyers: How to Save Up to $22,500
Ford is offering some impressive incentives for commercial truck buyers looking to electrify their fleet. With a new $7,500 Fleet Order Discount on the Ford F-150 Lightning Pro, and the potential to combine this with additional savings, buyers can significantly reduce the price of this electric truck. But there’s even more to consider, as additional state rebates and federal tax credits make these savings even sweeter. Let’s break down how fleet buyers can take advantage of these deals.
The Fleet Order Discount: What You Need to Know
Ford’s $7,500 Fleet Order Discount is designed specifically for commercial buyers and can be applied when purchasing the Ford F-150 Lightning Pro. However, this discount is separate from the $7,500 Federal Tax Credit that applies to electric vehicles (EVs), including the Lightning Pro.
The Federal Tax Credit, explained in more detail by the IRS, offers up to $7,500 in tax savings when you purchase a new qualified plug-in electric or fuel cell vehicle. This credit, renewed by the Inflation Reduction Act of 2022, is available for purchases made between 2023 and 2032. The good news? Both the Standard and Extended Battery versions of the Ford F-150 Lightning qualify for this federal tax credit.
Stacking the Savings: How You Could Save Big
One of the key takeaways for fleet buyers is that these discounts are stackable. This means that the $7,500 Fleet Order Discount can be combined with the $7,500 Federal Tax Credit, resulting in a total of $15,000 in savings right off the bat. And that’s not all – depending on your location, you could be eligible for even more rebates from state and local programs, potentially increasing the savings to over $22,000.
Ford Fleet Order Discount vs. Federal Tax Credit
Discount/Incentive | Amount | Eligibility |
---|---|---|
Ford Fleet Order Discount | $7,500 | Commercial buyers of Ford F-150 Lightning Pro |
Federal Tax Credit | Up to $7,500 | Buyers of qualified EVs, including F-150 Lightning |
State Rebates (e.g., California) | Varies (up to $7,500) | State-specific programs like California’s HVIP program |
Utility Rebates (e.g., Illinois) | Varies (up to $7,500) | Local utility rebates, such as ComEd’s commercial EV program |
Additional State and Local Incentives
In certain states, commercial fleet buyers can tap into additional savings programs. For example, California’s HVIP (Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project) and Oregon’s Clean Vehicles Rebate offer substantial rebates on electric vehicle purchases. These programs are designed to make EV adoption more affordable and accessible for businesses.
Moreover, utility companies in some regions also provide rebates for commercial EVs. For instance, ComEd in Illinois offers up to $7,500 in rebates for commercial fleet buyers. Like the federal tax credit and Ford’s discount, these rebates can be stacked, allowing buyers to save even more.
Total Potential Savings: $22,500 or More
By combining the $7,500 Fleet Order Discount, $7,500 Federal Tax Credit, and additional state/utility rebates, fleet buyers could potentially save up to $22,500 or more on their Ford F-150 Lightning Pro purchase. That’s a significant reduction in upfront costs, making the transition to electric vehicles more financially viable for businesses.
Overcoming the Barriers to EV Adoption
While these incentives are enticing, many commercial fleet operators may still be hesitant to switch to electric vehicles due to concerns about charging infrastructure, range, or total cost of ownership. However, Ford has introduced a new tool that could ease these concerns.
E-Switch Assist from Ford Pro is a fleet management tool that helps businesses determine whether they are ready to adopt EVs. By analyzing fleet operations and offering insights into how electric vehicles can fit into the business, E-Switch Assist makes it easier for fleet managers to make informed decisions about electrifying their fleet sooner rather than later.
Now Is the Time to Electrify
Ford’s incentives, combined with federal and state rebates, make now an ideal time for fleet buyers to consider transitioning to electric vehicles like the Ford F-150 Lightning Pro. With potential savings of up to $22,500 or more, businesses can significantly reduce their upfront costs and start reaping the benefits of electric trucks, including lower operating expenses and reduced environmental impact.
If you’re a commercial fleet buyer interested in the F-150 Lightning Pro, now’s the time to act. With all the available incentives, you could score a deal that makes the shift to electric vehicles more affordable than ever. Be sure to explore your local state and utility rebate programs and reach out to your local Ford dealer to see how much you can save.
For more information on where to find Ford F-150 Lightning Pro models in stock, check with your nearest Ford dealer, and take advantage of these incredible incentives to electrify your fleet today!
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