2024 Ford PHEV and EV Incentives

If you are interested in purchasing a new electric or plug-in hybrid vehicle from Ford, you might be curious as to whether or not there are any government-supported incentives. Both the Ford Escape PHEV and Mustang Mach E are eligible for various incentives based on their trim levels. Below is a list of the 2024 Ford models that have iZEV (Incentives for zero-emission vehicles) available.

HOW DO I RECEIVE THE INCENTIVES?

The incentive will be applied at the point-of-sale by the dealership. It will appear directly on the bill of sale or lease agreement on eligible ZEVs on, or after, the eligibility date. The dealer must apply taxes and fees to the purchase or lease before applying the incentive.

The dealer must submit the documentation required to be reimbursed for an incentive provided to consumers at the point of sale.

PURCHASE AND LEASE INCENTIVES

The iZEV Program offers point-of-sale incentives for consumers (subject to funding availability) who buy or lease a ZEV vehicle. Only the vehicles listed on our website are eligible for an incentive when they’re purchased or leased for at least 12 months, on or after the eligibility date.

ELIGIBILITY

To be eligible for the incentive, you attest to have not received an incentive under the iZEV Program during this calendar year, other than for the purchase or lease for which this form is completed. You cannot seek to receive more than one incentive under the iZEV Program in any calendar year. If an individual is found to have received more than one incentive from the iZEV Program in a calendar year, the dealership(s) who provided the iZEV incentive(s) may seek to recover the amount of the incentive provided. If you claim the iZEV incentive, you may not seek to claim the proposed enhanced federal capital cost allowance for zero-emission.

Mach E Select

$ 5,000 .00

Incentive for Purchase or 48-month Lease

$ 1,250 .00

Incentive for 12 month Lease

$ 2,500 .00

Incentive for 24 month Lease

$ 3,750 .00

Incentive for 36 month Lease

Eligibility Date: 2024-01-31

  • Select RWD Standard Range
  • Select eAWD Standard Range

Mach E Premium

$ 5,000 .00

Incentive for Purchase or 48-month Lease

$ 1,250 .00

Incentive for 12 month Lease

$ 2,500 .00

Incentive for 24 month Lease

$ 3,750 .00

Incentive for 36 month Lease

Eligibility Date: 2024-01-31

  • Premium RWD Standard Range 
  • Premium eAWD Standard Range
  • Premium RWD Extended Range
  • Premium eAWD Extended Range

Mach E California Route 1

$ 5,000 .00

Incentive for Purchase or 48-month Lease

$ 1,250 .00

Incentive for 12 month Lease

$ 2,500 .00

Incentive for 24 month Lease

$ 3,750 .00

Incentive for 36 month Lease

Eligibility Date: 2024-01-31

  • California Route 1

E-Tansit

$ 10,000 .00

Incentive for Purchase or 48-month Lease

$ 2,500 .00

Incentive for 12 month Lease

$ 5,000 .00

Incentive for 24 month Lease

$ 7,500 .00

Incentive for 36 month Lease

Eligibility Date: 2022-07-11

  • T350 – Low Roof, 130WB
  • T350 – Low Roof, 148WB
  • T350 – Mid Roof, 130WB
  • T350 – Mid Roof, 148WB
  • T350 – High Roof, 148WB
  • T350 – High Roof, 148 ELWB
  • T350 – Low Roof, 130WB
  • T350 – Low Roof, 148WB
  • T350 – Mid Roof, 130WB
  • T350 – Mid Roof, 148WB
  • T350 – High Roof, 148WB
  • T350 – High Roof, 148 ELWB
  • T350 – 4
  • T350 – Cutaway

Escape PHEV

$ 5,000 .00

Incentive for Purchase or 48-month Lease

$ 1,250 .00

Incentive for 12-month Lease

$ 2,500 .00

Incentive for 24-month Lease

$ 3,750 .00

Incentive for 36 month Lease

Eligibility Date: 2023-10-05

  • PHEV

F-150 Lightning

$ 5,000 .00

Incentive for Purchase or 48-month Lease

$ 1,250 .00

Incentive for 12 month Lease

$ 2,500 .00

Incentive for 24 month Lease

$ 3,750 .00

Incentive for 36 month Lease

Eligibility Date: 2024-02-02

  • Pro Std Range
  • XLT Std Range

Interested in learning more?