Skip to main content

Don’t count out EV trucks too early. There is one electric pickup truck on the list of affordable vehicles under $60,000, and you might have guessed it is the Ford F-150 Lightning. While prices went up for 2023, these two trim options still slid in under budget. Unfortunately for many potential buyers, most of the pre-ordered vehicles in Ford’s production run for 2022 and 2023 are spoken for. If you want to make a few phone calls, all hope is not lost.

The Ford F-150 Lightning is an electric pickup truck under $60,000

When Edmunds listed some affordable vehicles under $60,000, the Ford F-150 Lightning was the only one that made the cut. The good news is that there are even two options to choose from than come in under $60,000. Buyers who can get ahold of the 2023 Ford F-150 Lightning Pro will only have to pay $51,974.

The 2023 Ford F-150 Lightning Pro has an EPA-estimated range of 240 miles for the standard range battery. It can also tow 5,000 pounds, thanks to its two inboard motors on each axle. Ford says that it also gets 775 lb-ft of instant torque.

The 2023 Lightning Pro also gets Ford Co-Pilot360 2.0, which has all the safety features you might need. Pre-Collision Assist with Automatic Emergency Braking, Collision Warning, and Lane-Keeping Aid. It also gets Automatic High Beams and a Reverse Sensing System that makes towing easier.

Ford’s Lightning XLT is an electric pickup truck trim under $60,000

The 2023 F-150 Lightning XLT just barely comes in under budget at $59,474. Buyers could opt for 240 miles of range from the standard range battery or 320 miles from the extended-range battery. Unfortunately, the extended-range battery would probably be out of budget.

The standard range battery on the 2023 Lightning XLT can tow 5,000 pounds. If you upgrade to the extended-range battery, the tow rating jumps up to 7,700 pounds. The Lightning also gets a 36-Degree Camera that allows you to see all around the truck. Ford added cameras in the grille, tailgate, and under each side mirror.

While the 2023 XLT is higher in the budget, buyers might be eligible for the Federal Tax Credit or other incentives.

The 2022 Ford F-150 lightning is less expensive but still not easy to find

The Ford F-150 Lightning is an electric pickup truck under $60,000
A Ford F-150 Lightning electric pickup truck | Jeff Kowalsky/AFP via Getty Images

5 Pickup Trucks with the Worst Resale Value for 2022

While most of the 2022 Ford F-150 Lightning options are spoken for, you might be able to find one sitting around. Some dealerships have vehicles the owner doesn’t want anymore, meaning someone else can buy them. Pricing was a little less expensive for 2022 as well, with the 2022 Lightning Pro starting at $39,974. The 2022 XLT started at $52,974.

The electric pickup truck from Ford has been incredibly popular to the point where the automaker has been able to keep up with demand. While most of the orders for 2023 are spoken for at this point, there could be one or two that show up at your local dealership. Your best bet might be to contact the dealership directly and express interest in a 2023 Ford F-150 Lightning Pro or XLT.

Don’t forget to look online for any rebates or incentives in your area. There could be local, state, or federal options available. You can check those at the U.S. Department of Energy’s Alternative Fuels Data Center website to search federal and state laws and incentives.