Ford Raises Price on New Electric Mustangs
» Posted October 26, 2022 Resources | Share This Post
Looking to get your hands on a new, electric version of the Ford Mustang? The price just went up.
Ford Motor Co. recently increased the price tag for new compact sport utility vehicles by as much as $8,000, the Detroit Free Press reports. The automaker blamed rising costs and other factors for the move.
“Ford is adjusting the MSRP on the Mustang Mach-E due to significant material cost increases, continued strain on key supply chains, and rapidly evolving market conditions, and will continue to monitor pricing across the model year,” the company said in a news release.
After the bump, the price for 2022 Mach-E vehicles ranges from nearly $47,000 to nearly $70,000. That does not include destination and delivery fees, as well as taxes, financing, dealer processing, electronic filing and emission testing charges, Ford said.
The company said the price increase will apply to buyers who have existing but unscheduled orders.
Mach-E Defects Pose Safety Risks
Meanwhile, Ford is struggling to ensure that Mach-E and other Mustangs are actually safe to drive.
The company announced in June that it was recalling nearly 50,000 Mach-E vehicles over a defect that could cause the electric cars to lose power without warning. Late last year, Ford called back some 18,000 cars, warning owners that windshields and roofs could fly off unexpectedly, increasing the risk of a crash.
Ford is not alone. The largest motor vehicle manufacturers in the world call back millions of vehicles combined every year. They often announce these recalls long after defective and dangerous cars have been sold to completely unsuspecting buyers.
How the California Lemon Law Protects Car Owners
Stuck with a defective vehicle? For car owners and lessors in California, it is important to know that you have some significant rights and options under the state’s lemon law.
The California lemon law, officially known as the Song-Beverly Consumer Warranty Act, requires carmakers to perform a full range of repairs on vehicles while they are under warranty. It also forces auto manufacturers to buy back (or replace, in certain cases) vehicles that they are not able or just simply refuse to fix. That includes compensating the owner for the vehicle’s purchase price, as well as other related fees and costs.
There is no specific number of repair requests or attempts that must happen before the buyback or replace requirement kicks in. That is one reason why it is important to consult an experienced lemon law attorney.
The law also requires carmakers to foot the bill for certain legal fees incurred by car owners and lessors while enforcing their rights.
Talk with a California Lemon Law Attorney
If you are a Buick or other car owner or lessor stuck with a lemon or locked in a dispute with a manufacturer over repairs, the lemon law attorneys at Bickel Sannipoli APC can help.
Call us at (888) 800-1983 or contact us online to speak with a lawyer today.