Does a Ford F-150 hold its value?
The Ford F-150 is one of the most popular and best-selling pickup trucks in the United States. When it comes to resale value, the F-150 is known to hold its value well compared to many other vehicles on the market. According to industry data, the F-150 typically retains a higher percentage of its original purchase price over time than the average vehicle.
Factors Affecting the F-150's Resale Value
There are several key factors that contribute to the Ford F-150's strong resale value:
- Reputation and Reliability - The F-150 has a long-standing reputation for being a durable, reliable, and capable pickup truck. This reputation helps maintain its value over time.
- Demand and Popularity - As one of the best-selling vehicles in the U.S., the F-150 has consistently high demand from both retail and commercial buyers, which supports its resale value.
- Customization Options - The F-150 is available in a wide range of trim levels, cab configurations, and option packages, allowing buyers to customize the truck to their specific needs. This flexibility appeals to used-vehicle buyers and helps retain value.
- Longevity - With proper maintenance, F-150s are known to have long lifespans, often lasting well over 200,000 miles. This longevity contributes to the truck's resale appeal.
These factors, combined with Ford's reputation for quality and the F-150's widespread popularity, make it one of the vehicles that best holds its value in the automotive market.
Resale Value Comparisons
According to industry data, the Ford F-150 typically retains around 60-70% of its original purchase price after 3 years of ownership. This is significantly higher than the average vehicle, which retains only around 50% of its value over the same time period. The F-150's resale value also compares favorably to other popular full-size pickup trucks, such as the Chevrolet Silverado and Ram 1500.
Ultimately, the Ford F-150's strong resale value is a key factor that makes it an attractive purchase for many buyers, both new and used. Its reputation for reliability, capability, and customization options, combined with high demand, contribute to the truck's ability to hold its value exceptionally well over time.
What is considered high mileage on a Ford F-150?
So, how many miles is too many miles for a used truck? Consider trucks under 100,000 miles for gas engines and 200,000 for diesel. Ideally, aim for under 60,000 miles to minimize maintenance concerns. Always check the truck's overall condition and maintenance history for the best value.
What year is the F-150 best to buy used?
2009-2014: The 12th Generation
- 2009: The 2009 model year marked the beginning of the 12th generation of the Ford F-150, and it came with significant improvements.
- 2012: The 2012 Ford F-150 is often highlighted as one of the best Ford F-150 years to buy used.
What years to stay away from F-150?
What Year F-150 has Engine Problems? If you want an F-150, but also want to avoid engine problems, then avoid model years 2004-2008, 2010, and 2015-2017.
Does F-150 have good resale value?
Over a five-year period, the F-250 Super Duty will retain an average of 89% of its value(2), an exceptionally good rating. And the F-350 Super Duty is identical, also at 869%. The F-150, though not a Super Duty, is still much higher than the competition at 87.59%.
Is buying a used F-150 worth it?
Purchasing a used Ford F-150 can be a smart investment, offering the rugged durability and performance the model is known for, at a fraction of the cost of a new vehicle.
Which year of F-150 is most reliable?
2009-2014: The 12th Generation
The 12th generation of the Ford F-150, produced from 2009 to 2014, is often considered one of the best years to buy a used Ford F-150. These models feature robust construction, a variety of engine choices, and modern conveniences.
How many miles is too many to buy a used F-150?
Ford pickup trucks are built as robust as possible. This quality build helps them travel well-over 100,000 miles. Customers looking for an affordable and reliable pickup truck can even consider used Ford F-150s between 100,000 and 120,000 miles!
How many miles will a Ford F-150 last?
around 200,000 to 300,000 miles
With a typical annual mileage of around 15,000 miles, Ford F-150s last around 200,000 to 300,000 miles. You might even see models around 400,000 miles on the odometer! However, services and maintenance tend to get more expensive as the vehicle ages – so most drivers choose to upgrade.
Which Ford F-150 engine is best?
For the best capability available, you'll want to go with the 3.5L EcoBoost Turbocharged V6 and the remarkable capacities it offers; just remember that you need to choose the right combination of options to take advantage of everything it can do.
What is the average life of a Ford F-150?
around 200,000 to 300,000 miles
With a typical annual mileage of around 15,000 miles, Ford F-150s last around 200,000 to 300,000 miles. You might even see models around 400,000 miles on the odometer!
