Damaged Ford F-150 Lightning Sells $40,000 Over MSRP At Auction: Here’s Why

Ford’s (F) F-150 Lightning trucks are in such high demand that a damaged one just sold at auction for $40,000 over the MSRP.

The Lightning Lariat, which according to Ford’s online configurator, has a starting price of $67,474, sold on the auction site ACV Auction, for $110,400, according to Teslarati.

The sale was reported on F-150 Lightning Forum – a fan forum site – which showed a screenshot of the closed auction.

Information about the truck shows its trim level, VIN number, as well as details that there is body damage on the truck, which includes loose trim on the truck’s running boards, according to the forum site’s captured image.

The Lightning truck also had 262 bids, with a final selling price of $110,400, but it does denote that the sale is still pending.

Even with damage to the truck, the Lightning had a significant jump in price over its MSRP, most likely due to the strong demand for EVs, especially as gas prices have soared above the $5 per gallon mark in recent days.

Plus, the 2022 F-150 Lightning is in short supply as Ford is no longer taking reservations for the truck as it has hit its production cap. Even as it doubled capacity for 2023, demand for the electric pickup has surged, as Ford rolled the first ones off the production line in April.

Adding to the Lightning’s appeal is a starting price of around $40,000, but it's rare for potential buyers to find one on a dealer’s lot due to the high demand and lack of competition.

As of Monday at 1:24 p.m. ET, shares of Ford were trading at $11.86, down 89 cents, or 6.98%.