Ford Australia has cut the pricing of its Mustang Mach-E electric SUV by up to $7000 before customer deliveries even begin.
Pricing now starts at $72,990 before on-roads for the Mustang Mach-E Select, and extends to $104,990 before on-roads for the flagship Mustang Mach-E GT.
A full breakdown of 2024 Ford Mustang Mach-E pricing and how much it has changed is at the bottom of this story.
This new pricing means the Mustang Mach-E Premium now sits below the Luxury Car Tax (LCT) threshold for fuel-efficient vehicles, and qualifies for the Fringe Benefits Tax exemption when purchased through a novated lease.
Despite the price cut to the Mustang Mach-E, it’s still a little more expensive than the Tesla Model Y which is its closest rival and currently the top-selling electric vehicle (EV) in Australia.
The Model Y currently starts at $65,400 before on-roads for the base RWD, and extends to $91,400 before on-roads for the Performance.
The first Australian customer deliveries of the Ford Mustang Mach-E are set to commence in December.
“This price reduction is a major positive for our customers and demonstrates our commitment to delivering the best products and great value to our customers,” said Ford Australia president and CEO Andrew Birkic.
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Mustang Mach-E Premium
“As the EV market continues to evolve, we are responding to it.”
The Ford Mustang Mach-E Select is powered by a single rear-mounted electric motor producing 198kW of power and 430Nm of torque. It’s fed by a 71kWh battery pack and has a WLTP claimed range of 470km.
The mid-range Mustang Mach-E Premium is powered by a more powerful single rear-mounted electric motor producing 216kW and 430Nm. It’s fed by a larger 91kWh battery pack with a WLTP claimed range of 600km.
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Mustang Mach-E GT
The flagship Mustang Mach-E GT is powered by a dual-motor all-wheel drive setup with system outputs of 358kW and 860Nm. It’s fed by a 91kWh battery pack with a WLTP claimed range of 490km.
Updated pricing for the 2024 Ford Mustang Mach-E is as follows:
- 2024 Ford Mustang Mach-E Select: $72,990 (-$7000)
- 2024 Ford Mustang Mach-E Premium: $86,990 (-$4675)
- 2024 Ford Mustang Mach-E GT: $104,990 (-$2675)
All prices are before on-road costs
MORE: Everything Ford Mustang Mach-E