Buyers will have to fork out up to $3,705 more for the 2023 model.
Unveiled late in 2020, the Ford E-Transit was a big step for the Blue Oval. The company's first-ever electric commercial vehicle signaled change was afoot over in Dearborn. Initial pricing left us pleasantly surprised; Ford originally said the battery-powered van would have a starting MSRP of $43,295. Things have changed since then. The cheapest 2022 model will set buyers back $46,295 but, according to Cars Direct, the 2023 variant will be pricier still.
The 2022 Cargo Van is priced at $51,880. But those seeking a 2023 model will be expected to pay an additional $3,605 extra, plus an additional $100 that's been tacked on to the delivery fee. As reported, other trims are similarly affected; increases range from $3,375 to $3,380 while the most expensive model is now listed at more than $60,000.
Ford has not released any technical data or said anything regarding updated trims and specifications, but we're hoping the price increase will be justified by enhanced standard equipment or perhaps more power.
At least business owners can rely on the $7,500 incentive to take the sting out of the high purchase price but, as Cars Direct notes, this sweetener isn't necessarily available to those looking to lease. What's more, if you're looking to buy just one example of the electric Transit, the increase may not be too big of a deal.
However, vehicles like this are aimed at the fleet market, and, when you're buying five to ten vehicles at a time, the inflated price tag can quickly add up. For now, those seeking an environmentally friendly delivery vehicle will have no choice but to pay Ford's revised prices, but it won't be like this for long. General Motors will replace the aging Chevy Express and GMC Savana with electric variants in the coming years.
Stellantis is also working on a riposte to the E-Transit and has said its Ram ProMaster EV will be introduced shortly. Hopefully, both can be priced more keenly and attract eco-conscious consumers without expecting them to fork copious amounts of money over.