Ford F-150 Lightning orders are reopening. This time, the F-150 Lightning will be more expensive. Is the F-150 Lightning worth reserving, or should consumers avoid the new electric pickup truck altogether?

Should you reserve a Ford F-150 Lightning?

The Ford F-150 Lightning is the most in-demand electric pickup truck in the industry thus far. Drivers reserved thousands of F-150 Lightning models when orders first opened.

The F-150 Lightning is an electrified version of America’s favorite work truck. The electric pickup is powerful and offers incredible utility, thanks to its electric powertrain.

The Blue Oval recently increased F-150 Lightning prices due to the price of materials. Electric vehicle batteries use materials like lithium and cobalt. The demand for electric vehicle battery materials will increase. The F-150 Lightning’s price hike could be the first of many for American EVs.

According to CNBC, the Ford F-150 Lightning now starts at $47,000. Even after the federal electric vehicle tax incentive, its price would still be $39,500. The electric pickup truck’s initial price was $39,974. You should reserve the Ford F-150 Lightning because it will remain popular despite its price hike. The electric Ford truck may be more expensive, but it’s still the only affordable option in its vehicle segment in comparison to the Rivian R1T. The last batch of orders were filled quickly. It would be wise to reserve an F-150 Lightning before they’re all completely sold out again.

The F-150 Lightning is the most popular electric truck

The Ford F-150 Lightning is currently the most popular electric pickup truck in America based on orders. The Rivian R1T was America’s first electric pickup truck, but it isn’t as affordable as the F-150 Lightning.

Ford received so many orders for the F-150 Lightning because it is reminiscent of the popular F-150. The Ford F-150 has consistently been America’s favorite truck because it’s a workhorse. The F-150 Lightning offers practical range and decent towing capacity. Its electric powertrain allows it to power multiple devices and appliances simultaneously.

The electric pickup’s only real competition thus far is the upcoming Chevy Silverado EV. The Silverado EV will be within the same price range and have similar specs to Ford’s electric pickup. Still, Ford’s electric truck is leaps and bounds ahead of the Chevy Silverado EV. Beating competitors to market could make all the difference for the Blue Oval.

The F-150 Lightning will likely become the benchmark for electric pickup trucks since it is the first affordable model in America. At the moment, the F-150 Lightning is also the most likely to become the most popular electric truck in America in the future.

How much should you pay for a Ford F-150 Lightning?

The Ford F-150 Lightning’s starting price could inch closer and closer to $50K before incentives as the years go by. If you can purchase an F-150 Lightning for under $40,000 using the federal EV tax incentive, then the truck is a steal. If the EV isn’t eligible for the full incentive and the starting price remains at $47,000, many consumers will second-guess it. The F-150 Lightning base model is affordable after the tax credit, but without the incentive, the electric pickup truck begins to seem overpriced.

Learn more about the Ford F-150 Lightning in the next article below.