Ford’s top-performing pickup trucks are about to get a lot more expensive. According to a newsletter sent to dealers, all F-Series Super Duty models are expected to receive a price increase of $ 1,295 later this week. The move comes amid a wave of upcoming price hikes and increases in destination fees for the U.S. automaker.
Starting Wednesday, all 2022 F-Series Super Duty trucks will receive a base MSRP increase of $ 1,295. In the case of the F-450, that looks set to push the price of a well-equipped truck up well beyond $ 95,000. With all the options available, it’s already a truck that can almost hit the $ 100,000 mark when fully loaded.
While the standard F-150 is unaffected, it is one of the largest in a series of mid-year price increases expected to take effect on Wednesday. As we reported earlier, the Mustang Mach-E will see a price hike of up to $ 3,000, while destination fees are expected to increase slightly on the EcoSport and Edge.
While mid-year price increases are not uncommon, we consider Super Duty Series increases to be unusually high. That said, since consumers are already paying higher prices due to a shortage of inventory, a price hike of $ 1,295 may not seem so bad in comparison.
However, more expensive trucks can lead to higher financing costs. On an $ 80,000 vehicle, a 6-year loan at 5% APR would translate to just over $ 12,700 in interest. Given the lack of aggressive truck offerings, consumers who need the capacity of a Super Duty model may have no choice but to pay extra during this time.
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