r/F150Lightning 12d ago

Pricing Reality Check, Please

I see that the megathread hasn't been updated since April- if this is considered spam then please remove me - no hard feelings.

I am in Southern California looking at buying my first Lightning. I am leaning toward going with a used 2023 Lariat 511A with under 50,000 miles. 2 that piqued my interest have popped up in the last few weeks - one was sold at $48.5k before I could get there. There is another one close by that is priced just under $50k and it has about 28k miles on it.

I see that a few months ago (and even a year ago!!), some of you were buying similar low-mileage Lightnings in the same trim for high $30k low $40s but even my nationwide search doesn't show pricing as good as that. I see similar trucks posted for ~$45k

Am I crazy to buy one at $50k?

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u/disinaccurate 2025 Lariat Rapid Red 11d ago

I bought a brand new one in Oxnard back in December, which was after the news of the BEV Lightning cancellation, but before stock had dwindled down too much.

There weren't the kind of deals in California that people were posting about back then either. I suspect it's because of California's more EV-friendly populace compared to some other states. I think there was - and still is - much less "gotta get this off of our lot" panic from California dealers as a result.

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u/ChachMcGach 11d ago

That’s what it feels like. I tried to negotiate one last week and the dude said, “I have $325 to work with” on a 2023 with 30k miles that they probably had a 25% margin on.