Ford Incentives and Lease Deals for February 2023
When it comes to leases, the 2023 Ford F-150 and 2022 F-150 will likely offer OK value. The worst lease deals are probably going to be on the 2023 Ford Mustang and 2023 Escape Hybrid, you'll want to stay away from leasing these models.
Of note for February, Ford is forecast to offer up to $3,000 in cash rebates on the 2022 Ford Edge and $1,000 on the 2022 Mustang. Overall, the average rebate across all Ford models is currently $1,300.
As for low APR deals, Ford will likely continue to offer 0% financing for 72 months, plus up to $3,000 cash back on the 2022 Ford Edge.
Incentives can vary a lot by region. Always verify with your local dealers - I recommend using TrueCar to quickly get local pricing and incentives.
Best Ford Deals
Ford Lease Deals Summary
Over the last 12 months, lease deals averaged $680 per month with $0 down for Ford vehicles. The average 'Bang for Buck' value was 65.
The current lease payment on Ford vehicles averages $779 per month, which is 13% more expensive than the one year average, and a whopping 31% more expensive than the year ago low of $595
Best Current Ford Lease Deals February 2023
| Vehicle | Monthly Payment / $0 Down | ||||
|---|---|---|---|---|---|
| MSRP | Payment | Value | Best Region | Deals | |
| Ford F-150 2023 | $86,805 | $1,162 /mo | OK | Multiregion | |
| Ford F-150 2022 | $79,420 | $1,069 /mo | OK | Florida | |
| Ford Explorer Hybrid 2022 | $53,870 | $754 /mo | OK | West Coast | |
| Ford Explorer 2022 | $53,870 | $754 /mo | OK | West Coast | |
| Ford Ranger 2022 | $35,565 | $507 /mo | OK | Multiregion | |
| Ford Edge 2023 | $44,595 | $649 /mo | Poor | West Coast | |
| Ford Edge 2022 | $47,980 | $694 /mo | Poor | West Coast | |
| Ford Ranger 2023 | $36,995 | $544 /mo | Poor | Multiregion | |
| Ford Expedition 2023 | $69,955 | $1,045 /mo | Poor | Multiregion | |
| Ford Expedition 2022 | $70,850 | $1,054 /mo | Poor | Multiregion | |
| Ford Explorer 2023 | $55,670 | $838 /mo | Poor | Multiregion | |
| Ford EcoSport 2022 | $26,805 | $408 /mo | Poor | Multiregion | |
| Ford Mach-E Electric 2023 | $71,195 | $1,090 /mo | Poor | Multiregion | |
| Ford Explorer Hybrid 2023 | $55,415 | $849 /mo | Poor | Multiregion | |
| Ford Mach-E Electric 2022 | $63,095 | $968 /mo | Poor | Multiregion | |
| Ford Escape Plug-in Hybrid 2022 | $36,950 | $580 /mo | Poor | Northeast | |
| Ford Escape Hybrid 2022 | $36,590 | $576 /mo | Poor | Florida | |
| Ford Bronco Sport 2022 | $32,125 | $530 /mo | Poor | Nationwide | |
| Ford Escape 2022 | $38,800 | $651 /mo | Poor | West Coast | |
| Ford Bronco Sport 2023 | $32,825 | $555 /mo | Terrible | Nationwide | |
| Ford Escape 2023 | $39,455 | $694 /mo | Terrible | Multiregion | |
| Ford F-150 Lightning Electric 2023 | $57,869 | $1,031 /mo | Terrible | Nationwide | |
| Ford F-150 Lightning Electric 2022 | $41,769 | $749 /mo | Terrible | Nationwide | |
| Ford Escape Plug-in Hybrid 2023 | $39,995 | $717 /mo | Terrible | Northeast | |
| Ford Maverick 2023 | $25,950 | $466 /mo | Terrible | Nationwide | |
| Ford Mustang 2022 | $33,890 | $607 /mo | Terrible | Nationwide | |
| Ford Maverick 2022 | $24,855 | $447 /mo | Terrible | Nationwide | |
| Ford Escape Hybrid 2023 | $40,955 | $748 /mo | Terrible | Nationwide | |
| Ford Mustang 2023 | $34,190 | $636 /mo | Terrible | Nationwide | |
Best Ford Cash Rebates
| Vehicle | Best Region | Max Rebate | Deals |
|---|---|---|---|
| 2022 Ford Edge | West Coast | $3,000 | |
| 2022 Ford Mustang | Texas | $1,000 | |
| 2022 Ford Escape Plug-in Hybrid | Texas | $1,000 | |
| 2022 Ford Escape | Texas | $1,000 | |
| 2022 Ford Escape Hybrid | Texas | $1,000 | |
| 2022 Ford Explorer Hybrid | Texas | $1,000 | |
| 2022 Ford Explorer | Texas | $1,000 |
Best Ford Finance Deals
| Vehicle | 36 mo | 48 mo | 60 mo | 72 mo | 84 mo | Deals |
|---|---|---|---|---|---|---|
| 2023 Ford Ranger | 3.9% | 4.9% | 5.9% | 7.9% | 9.9% | |
| 2023 Ford Mustang | 3.9% | 4.9% | 5.9% | 7.9% | 9.9% | |
| 2023 Ford F-150 | 0% | 4.9% | 5.9% | 7.9% | 9.9% | |
| 2023 Ford Explorer Hybrid | 0% | 4.9% | 5.9% | 7.9% | 9.9% | |
| 2023 Ford Explorer | 0% | 4.9% | 5.9% | 7.9% | 9.9% | |
| 2023 Ford Expedition | 3.9% | 4.9% | 5.9% | 7.9% | 9.9% | |
| 2023 Ford Escape Plug-in Hybrid | 0% | 4.9% | 5.9% | 7.9% | 9.9% | |
| 2023 Ford Escape Hybrid | 0% | 4.9% | 5.9% | 7.9% | 9.9% | |
| 2023 Ford Escape | 0% | 4.9% | 5.9% | 7.9% | 9.9% | |
| 2023 Ford Edge | 0% | 4.9% | 5.9% | 7.9% | 9.9% | |
| 2023 Ford Bronco Sport | 3.9% | 4.9% | 5.9% | 7.9% | 9.9% | |
| 2022 Ford Ranger | 2.9% | 3.9% | 4.9% | 6.9% | 8.9% | |
| 2022 Ford Mustang | 1.9%
+$1,000 |
2.9%
+$1,000 |
3.9%
+$1,000 |
4.9% | 7.9%
+$1,000 |
|
| 2022 Ford Maverick | 1.9% | 2.9% | 3.9% | 5.9% | 7.9% | |
| 2022 Ford Mach-E Electric | 3.9% | 3.9% | 3.9% | 3.9% | 4.9% | |
| 2022 Ford F-150 | 0% | 0.9% | 1.9% | 3.9% | 5.9% | |
| 2022 Ford Explorer Hybrid | 0%
+$1,000 |
0.9% | 1.9% | 3.9% | 5.9% | |
| 2022 Ford Explorer | 0%
+$1,000 |
0.9% | 1.9% | 3.9% | 5.9% | |
| 2022 Ford Expedition | 1.9% | 2.9% | 3.9% | 5.9% | 7.9% | |
| 2022 Ford Escape Plug-in Hybrid | 0%
+$1,000 |
0.9% | 1.9% | 3.9% | 5.9% | |
| 2022 Ford Escape Hybrid | 0%
+$1,000 |
0.9% | 1.9% | 3.9% | 5.9% | |
| 2022 Ford Escape | 0%
+$1,000 |
0.9% | 1.9% | 3.9% | 5.9% | |
| 2022 Ford Edge | 0%
+$3,000 |
0%
+$3,000 |
0%
+$3,000 |
0%
+$3,000 |
3.9%
+$3,000 |
|
| 2022 Ford EcoSport | 1.9% | 2.9% | 3.9% | 5.9% | 7.9% | |
| 2022 Ford Bronco Sport | 1.9% | 2.9% | 3.9% | 5.9% | 7.9% |
Best Ford Deals
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3 Steps Every Car Buyer Needs to Take to Save Maximum Money
The key to getting the best deal is to gather price or lease bids from as many local dealers as possible. Then shop that best price around until no one can beat it. Here are the steps:Step 1 Get Prices From My Trusted Network
Select the vehicle you're interested in to see if there are local dealers in my network who will provide you with their best upfront price. You will get direct access to an internet sales manager who you can further negotiate with online (no need to visit dealership).Step 2 Get Prices From TrueCar / CarsDirect
TrueCar, and CarsDirect are my top 2 online price quote recommendations. These services show you pre-negotiated prices from dealers closest to you - and the deals are usually pretty decent. But remember, you can still negotiate further.Step 3 Complete my Checklist
Follow this up with my checklist to make sure you squeeze out every last bit of savings.- Gregg Fidan
Each week, I'll keep you up-to-date on the latest car deals and news that might affect your purchase. This includes...
- Best Rebates, Incentives, and Lease Deals
- Latest Car Buying Scams and Tricks
- The Best & Worst Time to Buy a Car
- Which Cars You Should Avoid
