The 2021 Ford Mustang Mach-E electrical crossover is hitting the bottom working with as much as $11,000 in incentives, per CarsDirect. However how does that evaluate to the mass-market electrical automobile from Ford’s crosstown rival?
First off, the Mach-E qualifies for the total $7,500 federal tax credit score, however that credit score is unavailable to consumers searching for a Chevrolet Bolt EV.
The tax credit score phased out for Normal Motors beginning with its affirmation of hitting the 200,000 qualifying-vehicle ceiling in October 2018. An extension was in the works final yr, and was killed by the Trump administration, but it surely would possibly stand one other likelihood with the incoming Biden administration. Proper now, although, Bolt EV consumers are out of luck.
2019 Chevrolet Bolt EV at public charging station
In California, the Mach-E additionally qualifies for a $2,000 Clear Automobile Rebate, in addition to the $1,500 Clear Gas Reward, a point-of-sale rebate that launches this week. The Bolt EV additionally qualifies for each rebates.
That brings the full quantity of incentives to $11,000 for the Ford and $3,500 for the Chevy. The Mach-E begins at $43,995, bringing the efficient value right down to $32,995. Pricing for the 2021 Bolt EV hasn’t been introduced but, however the 2020 mannequin begins at $37,495, that means it might value $33,995 with these incentives (all costs embody obligatory vacation spot costs).
Granted, that is primarily based on California state-level incentives and the federal tax credit score; the image would possibly look considerably totally different relying on the place you reside.
2021 Chevrolet Bolt EV
In the event you’re seeking to lease, the Bolt EV may additionally be a greater possibility.
Whereas Chevy has provided some good lease offers over the previous few months, Ford solely simply began permitting prospects to lease a Mach-E, in line with CarsDirect. The very best charges are 3.94% APR on a 36-month lease, or 4.19% APR on a 39-month lease. These charges are restricted to main metropolitan areas like Boston, New York, Philadelphia, Phoenix, and San Francisco, with larger charges exterior these areas, the web site famous. There’s additionally no point out of a lease for the sporty GT trim stage, in line with CarsDirect.
It is worthwhile to match the Mach-E and Bolt EV as a result of they’re the primary (and in the mean time, solely) mass-market electrical vehicles from the 2 largest American automakers. However they’re removed from alike in design.
2021 Ford Mustang Mach-E First Version
Whereas the Mach-E challenge originally started as one thing like a bigger Bolt EV, or one thing nearer to the Ford Escape in mission, the Mach-E now brings Mustang heritage to the desk. Which means extra emphasis on type and efficiency.
On the crossover’s launch final yr, Ford stated the bottom Mach-E would do 0-60 mph faster than a base Porsche Macan, which has a manufacturer-quoted 0-60 time of 6.3 seconds. However remember the fact that the Bolt EV will attain 60 mph from a standstill in 6.5 seconds, in line with Chevy.
Ford can also be planning a GT Efficiency Version that can do 0-60 mph within the mid-3.0-second vary, however probably at a considerable value premium. The Mach-E additionally has one thing that neither the Bolt EV nor the upcoming refresh and Bolt EUV could have—over-the-air updates that might probably enhance efficiency.