Considering how premium the 2021 Ford Mustang Mach-E feels, a $42,895 MSRP is a fair starting price. Consider that the current $7,500 federal tax credit drops the base price to $35,395, and that’s even better. Prices quickly climb, however, when considering the $47,000 Mach-E Premium, $49,800 Mach-E California Route 1, $58,300 for the First Edition, or $60,500 for the upcoming Mach-E GT. But all of them qualify for the same $7,500 credit as the base model. It’s your tax money, after all, fellow Americans. So you might as well get some of it back to use on a car.
Rebates or not, the Mach-E is no basement bargain car, but it does rival Tesla Model Y in starting price. About $900 separates the two, and at the same time, the interior of the Mustang Mach-E looks more than just a $900 improvement. The Model Y Performance does undercut the Mach-E GT by almost $5,000, though, so Ford may have to observe the demand for the upcoming electric performance SUV closely when it launches later this summer.