2024 Mustang Mach-E deal: Ford beats Tesla's recent Model Y offer with 0% APR in some US states

It is often said that consumers are the ultimate winners of intense competition between corporations. The US EV landscape has displayed exactly this over the past months with EV makers introducing significant pricing adjustments and incentives to stimulate the market. For instance, we recently reported that Tesla is offering consumers a 0.99% Annual Percentage Rate (APR) for the Model Y orders made before 31st May directly from the company.

Not to be outdone by Tesla, Ford has reportedly informed dealerships in select US states that the 2024 Mustang Mach-E electric SUV will now be available for 0% APR for a 48-month financing period. This rate matches the company's deal on the 2023 model as Ford already offers the 2023 Mustang Mach-E at a 0% APR for 72 months.

The US states where the deal is applicable include Washington, Texas, Oregon, Arizona, California, Florida, Michigan, and Colorado. All the other states have the 48-month rate set to 1.9% after Ford cut the rate down from 2.9% last week. With the 48-month APR now at 0%, CarsDirect reports that 2024 Mustang Mach-E has, since the start of May, undergone a 3% rate cut overall, as the 60-month and 72-month APR rates have come down from 3.9% and 5.9% to 0.9% and 2.9% respectively.

All in all, combined with the 0% APR 2023 Mustang Mach-E and 0.99% APR Model Y, the latest price adjustment for the 2024 Mustang Mach-E makes this a perfect time to snag an electric SUV in the US if you were on the fence.

Buy the Canvcle Windshield Sun Shade for Mustang Mach-E on Amazon