Ford Mustang Mach-E Cost in 2022 & 2023
Ready to snag one of Ford’s Mustang Mach-Es but wondering what the new and used market is up to? We’ve compiled a helpful roundup of pricing by year and trim level to help you find the best Mustang EV for your budget.
In this article, we’ll go over new and used prices for the Ford Mustang Mach-E in 2022/2023, and where you can go to find them.
Pricing for a New Ford Mustang Mach-E
In a recent press release, Ford announced that they will be opening up orders for the new 2023 Mustang Mach-E on August 30th. If you are interested in the 2023 Mach-E, it’s best to get into line quickly. The 2022 lineup sold out within 7 months, and many current 2022 Mach-E reservation holders will be asked to switch to a 2023 Mach-E, possibly making the next window even more narrow (despite an increase in Mach-E manufacturing this year and next).
Let’s take a look at current 2023 Ford Mustang Mach-E pricing:
2023 Mustang Mach-E MSRP, Packages, and Options
Ford recently released information on their pricing for the 2023 Mach-E, and quite a few numbers have gone up due to “significant material cost increases,” shortages, and so on.
Let’s run through each option Ford is offering on the 2023 Mach-E:
2023 Mach-E Select RWD Standard Range
The 2023 RWD Mach-E Select MSRP is $46,895 (an increase of $3,000 from 2022).
2023 Mach-E Select eAWD Standard Range
The 2023 AWD Mach-E Select MSRP comes in at $49,595, which is also a price increase of $3000 over last year’s model.
2023 Mach-E California Route 1 eAWD Extended Range
The 2023 California Route 1 only comes in an eAWD Extended Range option with an MSRP of $63,575 (an increase of $8,100 over the eAWD version of 2022).
2023 Mach-E Premium RWD Standard Range
The 2023 RWD Mach-E Premium MSRP comes in at $54,975, which is an increase of $6,200 over the same trim level last year.
2023 Mach-E Premium eAWD Standard Range
The 2023 eAWD Mustang Mach-E Premium MSRP starts at $57,675, an increase of $5,875 from the 2022 AWD Mach-E Premium.
2023 Mach-E GT Extended Range
The 2023 GT Extended Range MSRP is $69,895, an increase of $7,900.
Adding Options and Packages
You can add the Extended Range Battery to models that are compatible, increasing the price by $8,600 (on the California Route 1 and the GT, the bigger battery comes standard). This option is up $2,600 from last year; again, the increase in price is due to increased materials cost and shortages, according to Ford.
The 2023 Mustang Mach-E GT Performance Edition Package is available for $6,000, which somewhat surprisingly has remained the same price as for the 2022 Mach-E GT.
The new Nite Pony appearance package costs $800. Nite Pony is only available on the Mach-E Premium Extended Range and the GT Performance trims, adding black coloring to the wheels, parts of the fascia, grill, and more.
And let’s not forget the destination and handling fee, which brings up your final price by $1,300 (increased by $200 from 2022).
Used 2023 Mustang Mach-E Prices
Hold your horses! There aren’t any used 2023 Mach-E’s out there yet! When we start seeing some numbers, we’ll let you know.
However, when the 2023 Mach-E starts hitting the used market, we expect higher than MSRP pricing for quite a while (marked up by several thousand, if what we see with the used 2022 Mach-Es continues). With used market prices as high as they have been for EVs lately, there may be a significant number of Mach-Es available used for less than stellar deals before the fervor calms down. Not a problem if you have the cash and don’t care about the markup, but looking for a used 2021-2022 Mach-E would be a better bet for most buyers.
Next, we’ll review MSRP pricing for the 2022 Mustang Mach-E alongside pre-owned Mach-E pricing:
2021-2022 Mach-E MSRP and Current Used Prices
You can’t find many new 2022 Mustang Mach-Es on the market (it’s not impossible, just complicated; see the last section of this article for more details), but the original MSRP is worth knowing for comparison with a used Mach-E.
Remember, the MSRP does not include the original destination fee, taxes, extra options, and so on. Be sure to check out the extra added options on each used Mustang Mach-E you look at to get a better idea of whether or not the asking price is fair.
2022 Mustang Mach-E Select
MSRP: $43,895 for RWD, $46,595 for eAWD
A used 2021-2022 Ford Mustang Mach-E Select currently sells at an average of $50,000. Most of these EVs have less than 20,000 miles on them (some lower than 5,000).
2022 Mustang Mach-E California Route 1
MSRP: $52,775 for RWD, $55,475 for eAWD
Used 2021-2022 Ford Mustang Mach-E California Route 1 trims currently sell at an average of $55,000-$60,000 for either the 2021 or 2022 model year. Like the Select, most used California Route 1 Mach-Es are currently listed with fewer than 20,000 miles.
2022 Mustang Mach-E Premium
MSRP: $48,775 for RWD, $51,800 for eAWD
The used market value for the 2022 Mach-E Premium has been hovering around $55,000 on average, and many listed Premium Mach-Es run closer to 20,000-25,000 miles. The Premium was a very popular build choice, so they make up a large percentage of the used market.
2022 Mustang Mach-E GT AWD
For the used 2022 Mach-E GT, pricing averages around $68,000, higher or lower depending on whether or not the Performance package is included (prices go all the way up to $88,000 for some ambitious sellers). Many of the Mustang Mach-E GTs are listed with less than 15,000 miles.
Adding Options and Packages
The Extended Range Battery added about $6,000 to the price of a new Mach-E, so be sure to check into which battery you are buying while making price comparisons. The bigger battery was fairly popular as range anxiety was and is a big deal for many Ford EV buyers.
The 2022 Mustang Mach-E GT Performance Edition Package was available for $6,000, and it’s included on many used Mach-E GTs. If you are looking at the Mach-E as an alternative sporty ride to the Model 3 Performance, you’ll likely want to make sure that the used Mach-E you are buying includes this package.
The original destination and handling fee for the 2022 Mach-E was $1,100, and it’s a useful number to keep in mind when negotiating with the seller of a used Mach-E.
A Quick Note on the 2021 Mustang Mach-E First Edition
Other than the potential collector’s value that one might add to a first edition, most 2021 First Edition Mach-Es have similar value and features to the Premium, putting a used value at around $55,000. However, each First Edition Mach-E had a selectable trim level to go with it, so the price ranges widely. If you do see a First Edition for sale, it may be best to look at the trim level features and consider it worth just a bit more than the 2021 Mach-E trim it’s most similar to.
How to Find a Ford Mustang Mach-E
If you are looking for a new 2023 Ford Mustang Mach-E, your best bet is to get into the 2023 reservation line as quickly as possible and talk to your local dealership to figure out your options.
For a new 2022 Ford Mustang Mach-E, the pickings are slim. Check with local dealerships to see if any still have a Mach-E GT, Select, or Premium still in stock, and be prepared to deal with some markup. We’ve recently seen some new 2022 Mustang Mach-Es on dealership web listings, but we don’t expect them to last long thanks to Ford’s pricing increases for the 2023 Mach-E.
Don’t want to get caught in the uncertainty of reservation schedules and pricing increases? Buy a used Mach-E! Used Mustang Mach-Es on the market are typically very low mileage and in excellent condition (especially the 2022). While the used market tends to fluctuate on price, current prices for a used Mach-E are either close to or a few thousand over the original Mach-E MSRP. With shortages ongoing and materials costs continuing to increase, new prices aren’t going to get much better. A pre-owned Ford Mustang Mach-E at last year’s new price is the best deal you’re likely to see for a while.
So what’s the best way to find a used Ford Mustang Mach-E? If you want to find a used EV, the best place is on a dedicated EV listing site.
Ford has plenty of ICE cars to wade through if you try your luck on the average car listing site, but a site dedicated to easy, uncluttered used EV listings will keep you from pulling your hair out over a simple search—and there’s no better place than Find My Electric—the Ultimate EV Marketplace. The fastest, simplest way to find your dream Mach-E is to head on over to our used Ford Mustang Mach-E listings.
We’ve set everything up so you can cruise through the listings and find your next ride easily and efficiently. Don’t wait to check it out; these all-electric pony cars sell as quickly as they drive!