Ford Incentives and Lease Deals for August 2024
When it comes to leases, the 2024 Ford Edge and 2023 Bronco will likely offer Excellent value. The worst lease deals are probably going to be on the 2025 Ford Explorer and 2024 Mustang, you'll want to stay away from leasing these models.
Of note for August, Ford is forecast to offer up to $7,500 in cash rebates on the 2023 Ford F-150 Lightning Electric and $7,500 on the 2023 E-Transit. Overall, the average rebate across all Ford models is currently $3,500.
As for financing deals, Ford will likely continue to offer 0% financing for 72 months on some models, including cash back up to $2,500.
Incentives can vary a lot by region. Always verify with your local dealers.
Ready to Negotiate the Best Ford Deal?
The price/lease quote services I recommend are TrueCar and CarsDirect. They will get you best deal offers from local dealers, helping you gather bids easily (Use my car negotiation method to further reduce prices)
Ford Lease Deals Summary
Looking at the data for Ford lease deals over the past year, we can note that the "Bang for Buck" value, which indicates the value of the lease deal by dividing the MSRP by the Monthly Payment, has remained fairly consistent. The range for Ford leases over the last 12 months is between 63 and 67, with an average of 65.
The current lease deals, with a B4B of 67, are slightly better than the past year's average, so now may be a decent time to look at leasing depending on model.
Note: fluctuations you see in the chart when it comes to monthly payments is a combination of Bang for Buck values and changes in trim levels and MSRPs promoted in advertised lease deals. There will not always be a perfect correlation between B4B and average monthly payments due to changes in MSRPs.
Best Current Ford Lease Deals August 2024
| Vehicle | Monthly Payment / $0 Down | ||||
|---|---|---|---|---|---|
| MSRP | Payment | Value | Best Region | Deals | |
| Ford F-150 Lightning Electric 2023 XLT | $56,990 | $551 /mo | Excellent | Washington DC | |
| Ford Mach-E Electric 2023 Premium | $44,695 | $451 /mo | Excellent | Multiregion | |
| Ford Mach-E Electric 2024 Premium | $45,890 | $517 /mo | Excellent | Multiregion | |
| Ford Edge 2024 SEL | $41,160 | $461 /mo | Excellent | Detroit | |
| Ford F-150 Lightning Electric 2024 XLT | $65,090 | $750 /mo | Good | Multiregion | |
| Ford Bronco 2023 Base | $36,785 | $443 /mo | Good | ||
| Ford F-150 2023 Limited | $85,005 | $1,029 /mo | Good | Chicago | |
| Ford F-150 2024 Platinum | $75,840 | $939 /mo | Good | Boston | |
| Ford Explorer 2024 Timberline | $51,025 | $660 /mo | OK | Florida | |
| Ford Escape 2024 ST-Line | $31,985 | $424 /mo | OK | Southeast | |
| Ford Explorer Hybrid 2023 Platinum | $55,865 | $796 /mo | OK | Florida | |
| Ford Bronco Sport 2024 Big Bend | $31,390 | $457 /mo | Poor | Pacific NW | |
| Ford Expedition 2024 Timberline | $73,800 | $1,099 /mo | Poor | Florida | |
| Ford Ranger 2024 XL | $34,315 | $520 /mo | Poor | Pacific NW | |
| Ford Escape Hybrid 2024 ST-Line | $34,985 | $530 /mo | Poor | Texas | |
| Ford Escape Plug-in Hybrid 2024 Phev | $41,995 | $677 /mo | Poor | Multiregion | |
| Ford Mustang 2024 Premium Fastback | $38,040 | $617 /mo | Poor | Nationwide | |
| Ford Explorer 2025 ST | $57,100 | $993 /mo | Terrible | Multiregion | |
Best Ford Cash Rebates
| Vehicle | Best Region | Max Rebate | Deals |
|---|---|---|---|
| 2023 Ford F-150 Lightning Electric | Nationwide | $7,500 | |
| 2023 Ford E-Transit | Nationwide | $7,500 | |
| 2023 Ford F-150 | West Coast | $7,000 | |
| 2023 Ford Explorer Hybrid | Los Angeles | $5,750 | |
| 2023 Ford Mach-E Electric | Multiregion | $3,000 | |
| 2024 Ford F-150 | Multiregion | $2,500 | |
| 2023 Ford F-450 | Nationwide | $2,500 | |
| 2023 Ford F-350 | Nationwide | $2,500 | |
| 2023 Ford F-250 | Nationwide | $2,500 | |
| 2023 Ford Bronco | Varies (Bonus Cash) | $2,000 | |
| 2024 Ford Mustang | Texas | $2,000 | |
| 2024 Ford Edge | Varies (Bonus Cash) | $2,000 | |
| 2024 Ford Bronco Sport | Pacific NW | $2,000 | |
| 2024 Ford Expedition | Southeast | $2,000 | |
| 2024 Ford Escape Hybrid | Los Angeles | $1,000 |
Best Ford Finance Deals
| Vehicle | 36 mo | 48 mo | 60 mo | 72 mo | 84 mo | Deals |
|---|---|---|---|---|---|---|
| 2024 Ford Mustang | 1.9%
+$1,000 |
2.9%
+$1,000 |
3.9%
+$1,000 |
5.9%
+$1,000 |
7.9%
+$1,000 |
|
| 2024 Ford Mach-E Electric | 0% | 0% | 0% | 1.9% | 3.9% | |
| 2024 Ford F-150 | 0% | 2.9%
+$1,750 |
3.9%
+$1,750 |
5.9%
+$1,750 |
7.9%
+$1,750 |
|
| 2024 Ford F-150 Lightning Electric | 0% | 0% | 0% | 1.9% | 3.9% | |
| 2024 Ford Explorer | 0.9% | 1.9% | 1.9% | 4.9% | 6.9% | |
| 2024 Ford Expedition | 1.9% | 2.9% | 3.9% | 2.9% | 7.9% | |
| 2024 Ford Escape Plug-in Hybrid | 0%
+$1,000 |
0.9%
+$1,000 |
1.9%
+$1,000 |
2.9%
+$1,000 |
5.9%
+$1,000 |
|
| 2024 Ford Escape Hybrid | 0%
+$1,000 |
0.9%
+$1,000 |
1.9%
+$1,000 |
2.9%
+$1,000 |
5.9%
+$1,000 |
|
| 2024 Ford Escape | 0% | 0.9% | 1.9% | 2.9% | 5.9% | |
| 2024 Ford Edge | 0%
+$3,000 |
0%
+$3,000 |
0%
+$2,500 |
0%
+$2,500 |
1.9%
+$2,500 |
|
| 2024 Ford Bronco Sport | 2.9%
+$750 |
3.9%
+$750 |
4.9%
+$750 |
6.9%
+$750 |
8.9%
+$750 |
|
| 2023 Ford Mach-E Electric | 0%
+$2,000 |
0%
+$2,000 |
0%
+$2,000 |
0%
+$2,000 |
1.9%
+$2,000 |
|
| 2023 Ford F-150 | 1.9%
+$2,500 |
2.9%
+$2,500 |
3.9%
+$2,500 |
1.9% | 3.9% | |
| 2023 Ford F-150 Lightning Electric | 0% | 0% | 0% | 0% | 1.9% | |
| 2023 Ford Explorer Hybrid | 0%
+$1,750 |
0%
+$1,750 |
0%
+$1,750 |
1.9%
+$1,750 |
3.9%
+$1,750 |
|
| 2023 Ford E-Transit | 0%
+$7,500 |
0%
+$7,500 |
0%
+$7,500 |
1.9%
+$7,500 |
3.9%
+$7,500 |
Ready to Negotiate the Best Ford Deal?
The price/lease quote services I recommend are TrueCar and CarsDirect. They will get you best deal offers from local dealers, helping you gather bids easily (Use my car negotiation method to further reduce prices)
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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
