Ford increases F-150 Lightning price, now starts at $56,000

Ford has raised the cost of the F-150 Lightning's basic model. The electric pickup truck's starting price has increased by more than $15,000 to $56,000.

Many people were shocked when Ford revealed the starting price for the F-150 Lightning, which is $40,000.

It seems to compete with Tesla's stated Cybertruck basic pricing from a few years ago.

The price was temporary, though. Ford raised the cost of each model from $6,000 to $8,000 in August.

On the other hand, Ford just raised the F-150 Lightning's starting price to $52,000 in October.

Ford has now chosen to increase the F-150 Lightning's basic price once again. 

Now, it begins at $55,974.