Published on 29 September 2020 |
by Zachary Shahan
29 September 2020 of Zachary Shahan
The Ford Mustang Mach-E is one of the few vehicles on the market today that really excites me. It is an addicting vehicle that makes my neck tingle. The good news is it just got a little cheaper.
Ford has cut the price of a couple of versions of the Ford Mustang Mach-E today. The price of the Mustang Mach-E Premium has dropped by $ 3,000 and is now $ 47,000 (before the $ 7,500 EV federal tax credit). The Mustang Mach-E First Edition, a slightly spicier version of the Mach-E Premium, saw a $ 1,000 cut instead or, as some have explained, the base price still dropped by $ 3,000 but the First Edition package increased by $ 2,000. (I got it?)
What is the reason for the price drop? According to Ford, it is in a “segment that is seeing dynamic price changes”. Some have thought this means there are some concerns about consumer demand. Some fans on a Mustang Mach-E forum thread who commented on the reason for the price drop, however, see it as a direct response to the Volkswagen ID.4’s newly revealed price, which was lower than many expected. The ID.4, which has a fairly similar body type and design, has a starting price of $ 39,995, while its first edition trim starts at $ 43,995.
One commentator noted that ID.4’s bookings were sold out in a day, indicating significant demand for the newest and most affordable electric crossover / SUV.
What about range on a full charge, one of the most important issues for electric vehicle buyers? Well, the ID.4 works quite well there too. It has a reported range of 250 miles, while these are the ranges provided for the different Mustang Mach-E trims:
- Select Standard Range (SR) RWD: 230 miles
- Select Standard Range (SR) AWD: 210 miles
- Premium SR RWD: 230 miles
- Premium SR AWD: 210 miles
- Premium Standard Range (SR) RWD: 300 miles
- Premium Standard Range (SR) AWD: 270 miles
- First Edition (ER AWD): 270 miles
- California Route 1 (ER RWD): 300 miles
- GT (ER AWD): 235 miles
One is where the Mustang Mach-E wins, though, it has to be its larger touchscreen and I think the overall interior. Plus, it’s faster.
Something else slipped out along with the price cut: specific numbers for accelerating vehicles from 0mph to 60mph. Here are the specs from 0 to 60 mph:
- To select: 5.8 seconds (RWD), 5.2 seconds (AWD)
- Itinerary 1: 6.1 seconds (RWD)
- Premium: 6.1 seconds (ER RWD), 4.8 seconds (ER AWD), 5.8 seconds (SR RWD), 5.2 seconds (SR AWD)
FE: 4.8 seconds (ER AWD)
The ID.4’s 0-60mph time is reportedly between 7 and 8 seconds.
However, I think both vehicles are more likely to draw customers away from their respective brands’ gasoline vehicles. The Mustang Mach-E is expected to steal many typical Ford Escape buyers and perhaps even regular Mustang buyers. Although the Mustang Mach-E has a higher upfront cost, it can easily overcome the escape in terms of total cost of ownership.
My calculations will have to tweak a bit to account for the new price, but the overall story is the same as before: the Mustang Mach-E is a much better vehicle than a Ford Escape at a lower total cost of ownership.
- 8 best new electric cars in 2020
- Ford Mustang Mach-E – Immerse yourself in specs, features, finishes
- Tesla Model Y and Ford Mustang Mach-E – Image Comparison and Specs
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