Ford Offering 0% Interest On Mustang Mach-E News Staff
by News Staff
This is the cheapest deal Ford has ever offered on the Mach-E

Ford has reduced interest rates to 0% APR on the 2024 Mustang Mach-E.

According to bulletins sent to dealers, the new offer applies to 48-month loans, marking the best deal available for the latest model year of the electric vehicle. This follows an earlier price reduction this month, though there are notable limitations.

As of this week, the Mustang Mach-E is eligible for 0% APR for 48 months. This offer follows a previous reduction where the four-year rate decreased from 2.9% APR to 1.9% APR. According to CarsDirect, most rates for the Mach-E are now approximately 3% lower than they were at the start of May.

Ford hasn't made 0% financing available nationwide

For a $50,000 SUV, a six-year loan is estimated to be nearly $5,000 cheaper than it was in early May. However, this rate still does not compete with the 0.99% rate available for the Tesla Model Y, which also qualifies for a $7,500 tax credit not available for the Mach-E.

It is important to note that the 0% financing offer on the 2024 Mach-E is not available nationwide. Currently, the incentive is offered in Arizona, California, Colorado, Florida, Michigan, Oregon, Texas, and Washington. States like Maryland, Georgia, and Wisconsin still have the previous rate of 1.9% for 48 months, as indicated on Ford's website.

This article was co-written using AI and was then heavily edited and optimized by our editorial team.

Become an AutoGuide insider. Get the latest from the automotive world first by subscribing to our newsletter here. News Staff News Staff

More by News Staff

Join the conversation
  • Boothby171 Boothby171 on May 24, 2024

    Since when has paying full price been the same as "literally giving them away"?

  • Ninja250 Ninja250 on May 24, 2024

    Maybe in 5 or 6 years when the used price is 20% of new (perhaps even sooner the way things are going).