Every month, our editorial team highlights a deal on SIGNED! — our open platform for the Leasehackr community to share their recent deals. See what others have paid!

September’s SIGNED! Deal of the Month is a 2023 Ford Mustang Mach-E Premium signed by a reader from Texas.

With $0 due at signing and a monthly payment of $507, including all fees, this equates to an average monthly cost of $493 over a 36-month lease.

This is significantly less than what most folks were paying to lease a Mach-E earlier this year, or what Tesla charges to lease a Model Y today.

Why is this deal possible?

Ford Credit has improved the lease program for Mach-E this month. While the $7,500 federal tax credit is not passed through as a lease incentive, Ford Credit is offering a money factor equal to 0.05% APR, up to $2,600 in lease cash (depending on region and trim), and a subsidized residual value that is far higher than what the vehicle will likely be worth at lease-end.

Can I reasonably get this deal?

While we have highlighted deals in the past that were considered unicorns, this SIGNED! Deal of the Month should be replicable by most, as it reflects a reasonable dealer discount of about $500 off MSRP. The strength of this deal comes from the lease program — the combination of money factor, residual, and incentives — offered by Ford Credit.

To view the latest lease and finance rates specific to your ZIP code, check out Rate Findr.