If you’ve been thinking about switching to an electric vehicle like the Ford F-150 Lightning or Mustang Mach-E, there’s an important date you’ll want to circle on your calendar: September 30, 2025.
That’s the day the federal $7,500 electric vehicle tax credit is set to expire, along with Power Ford’s Ford Power Promise, which includes a Complimentary Home Charger and Standard Installation. After that date, both programs go away, and the savings they bring will no longer be available.
What’s Changing on September 30
For the last few years, buyers of qualifying new EVs have been able to claim a federal tax credit worth up to $7,500. But a recent change in federal law has moved up the end date, and it’s now just weeks away.
Here’s how it works:
- F-150 Lightning purchases – Most trims qualify for the full $7,500 credit under current rules.
- Mustang Mach-E leases – While buying a Mach-E doesn’t qualify for the tax credit, leasing one still does through a pass-through incentive from Ford Credit. That’s why current lease payments are so much lower and why they’ll go up once the credit ends.
Starting October 1, this credit is gone entirely. There’s no gradual reduction, just a hard cutoff.
Why It Matters for F-150 Lightning Drivers
If you’ve priced out a Lightning lately, you know $7,500 can make a big difference. It can help make a higher trim level or extra features more affordable, or simply reduce your total cost.
There’s also the practical side: as deadlines like this get closer, demand tends to spike. That can lead to fewer options in stock and longer wait times for factory orders. If you’re aiming to have your truck in the driveway before the deadline, ordering now gives you a better cushion for delivery.
What’s Changing for Mustang Mach-E Leases
For the Mustang Mach-E, the credit works differently. Leasing allows Ford Credit to claim a commercial EV credit and pass the savings on to you, usually about $7,500 off the lease price. That’s why many Mach-E drivers have seen much lower monthly payments compared to buying.
Once the credit expires, so does that lease discount. For many shoppers, that could mean paying $200 or more extra per month for the same vehicle.
The Ford Power Promise: Home Charging Made Easy
Alongside the federal changes, Power Ford’s Ford Power Promise will also wrap up on September 30. This program includes a Complimentary Home Charger and Standard Installation with any new Ford EV purchase.
Home charging is one of the biggest lifestyle shifts when you move to an EV. Having it set up from day one — without having to plan for installation costs — can make the transition much smoother.
Planning Ahead
There’s still time to take advantage of both the federal tax credit and the Ford Power Promise, but the window is closing quickly. If you’re considering an EV in the next year or two, here’s why you might want to act now:
- Lock in up to $7,500 in federal savings before the program ends
- Secure lower lease payments on the Mustang Mach-E while incentives are still available
- Get home charging installed at no extra cost through the Ford Power Promise
- Avoid last-minute inventory shortages and delivery delays
The Takeaway
Deadlines like this can sneak up quickly, and it’s worth knowing your options ahead of time. Whether you’ve been thinking about an all-electric pickup or a sporty electric SUV, the next few weeks are a unique moment to combine federal savings with local perks that make ownership easier.
If you have questions about eligibility, how the credit works, or what’s in stock, the Power Ford team can walk you through the details and timing so you can make the choice that’s right for you.
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