Ford has offered numerous lease deals on the Mustang Mach-E since its launch, and they are now particularly attractive. Earlier this month, Ford increased the lease cash available on the 2024 model to $9,000 and is offering a $600 Summer Sale bonus. For the Mach-E Select RWD, this reduces monthly payments on a 36-month lease to $319, with $4,469 due at signing.
In comparison, the Tesla Model Y Long Range All-Wheel Drive, a higher-spec model than the Mach-E Select RWD, is available from $499 per month for 36 months with $2,999 down. The flagship Model Y Performance All-Wheel Drive requires a monthly payment of $599.
Ford has adjusted lease prices for the Mustang Mach-E significantly over the past few months. In June, it increased discounts by roughly 400% to $7,500, and then again in July. This current deal will be available until September 3, with final figures varying by location; these prices are specific to Southern California.
Shoppers can save money leasing a Mustang Mach-E not only compared to a Tesla Model Y but also against some standout hybrid crossovers. For example, Cars Direct notes that the 2025 Honda CR-V Hybrid Sport costs $379 per month over 36 months with $4,499 due at signing, an effective payment of $487 monthly. The 2024 Toyota RAV4 Hybrid is slightly more affordable at $399 per month over 36 months, with $2,999 required upfront, reducing the effective cost to $482.
Source: Cars Direct
