2024 Ford Mustang Mach-E Is Much Cheaper To Lease Than Tesla Model Y

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2024 Ford Mustang Mach-E Is Much Cheaper To Lease Than Tesla Model Y
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The all-electric Ford is also cheaper to lease than hybrid versions of the Honda CR-V and Toyota RAV4

The base Mach-E Select RWD is available for as little as $319 per month over 36 months. The Tesla Model Y can be leased for $499 per month in the U.S. for 36 months. Ford increased lease discounts by roughly 400% in June and has jacked them up again. If you can get over the fact that the Ford Mustang Mach-E isn’t a real Mustang, you’ll find that it’s a competitive EV and, in our eyes, a slightly more appealing alternative to the class-leading Tesla Model Y. Thanks to generous discounts in the U.

Read: Ford Pushing Its Managers To Buy Their EVs And Help Spread The Word By comparison, the Tesla Model Y Long Range All-Wheel Drive, a higher-spec model than the Mach-E Select RWD, is currently available from $499 per month for 36 months with $2,999 down. Those wanting the flagship Model Y Performance All-Wheel Drive will need to cough up a monthly payment of $599. Ford has been playing around with lease prices for the Mustang Mach-E a lot over the past few months.

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