Significant price drop for the 2023 Ford Mustang Mach-E in Canada

Sudden Price Reduction

The prices of the 2023 Ford Mustang Mach-E in Canada have undergone a significant reduction, making all models more affordable.

Significant Rebates on All Models

Each version of the electric SUV sees a price decrease of $5,000, except for the GT Performance Edition, which has a price reduction of $13,000.

Eligibility for Federal and Provincial Rebates

All Mach-E models are now eligible for federal and provincial rebates in Quebec, except for the GT Performance model.

Uncertainty Regarding 2024 Models

It is unclear if the 2024 incoming models will be offered at the same prices.

Details on the New Prices

The most affordable model, the Select RWD Standard Range, is now offered at an MSRP of $51,995. The GT Performance Edition remains the most expensive at $69,995.

Expansion of Eligibility for Federal EV Rebates

All versions, except the GT Performance Edition, are now eligible for federal EV rebates, reducing the additional cost by $5,000.

Additional Benefits in Quebec

In addition to federal rebates, all models except the GT Performance Edition also benefit from $7,000 in provincial incentives in Quebec, bringing the effective starting price down to $40,000 in the province.

Reasons for the Price Reduction Unknown

Ford has not explained the reason for this significant reduction, but it could be related to the imminent arrival of the 2024 models and slow sales of the 2023 model.

Uncertainty on 2024 Models Prices

It is not yet clear if the future 2024 Mustang Mach-E models will maintain the reduced prices or revert to their previous levels.

With information from Motor Illustrated

Text sourced from Significant Price Reduction of the 2023 Ford Mustang Mach-E in Canada from Automobile Yearbook – Automotive News