Does the Ford Fiesta hold its value?
The Ford Fiesta is a popular subcompact car, but how well does it hold its value over time? According to industry data, the Fiesta has a relatively average resale value compared to other vehicles in its class.
Resale Value of the Ford Fiesta
The Ford Fiesta is a compact car that has been on the market since the late 1970s. When it comes to resale value, the Fiesta performs about average for its segment. According to Kelley Blue Book, a 3-year-old Ford Fiesta typically retains around 50-55% of its original MSRP value. This is in line with the resale value of other subcompact cars like the Honda Fit and Toyota Yaris, which also retain around 50-55% of their value after 3 years.
The Fiesta's resale value can be influenced by a few key factors:
- Mileage: Vehicles with lower mileage tend to hold their value better.
- Condition: Well-maintained Fiestas in good condition will retain more value.
- Trim Level: Higher trim levels like the Fiesta ST typically hold their value better.
- Demand: Popular models and colors are in higher demand and hold value better.
Overall, the Ford Fiesta is not a standout performer when it comes to resale value, but it also doesn't lag significantly behind its competitors in the subcompact segment. Buyers should consider the Fiesta's resale value as one factor among many when deciding whether it's the right vehicle for their needs.
Is A Ford Fiesta a reliable car?
Ford has a reputation for being dependable, making them a popular selection in the used car market. In fact, the Ford Fiesta is the UK's most popular car [1], and is extensively praised for its above average reliability.
Is it still worth buying a Ford Fiesta?
Conclusion: If budget constraints are a primary concern and you find a well-maintained used Fiesta with a good service history, it can be a great option. However, if you prioritize reliability, safety, and technology, investing in a new small car may be worth the extra cost.
Why did Ford get rid of Fiesta?
Its early demise comes as car makers increasingly concentrate on larger crossover and SUV models, such as Ford's slightly pointless Puma and larger Kuga, which are growing in popularity and provide better profits than compact models.
What is high mileage for a Ford Fiesta?
What Is High Mileage For the Ford Fiesta? We dove into the typical lifespan for a Ford Fiesta, landing around 200,000 miles with decent care. Thus, the high mileage for the Fiesta is anything above or below 150,000 miles.
Is Ford Fiesta a popular car?
The Ford Fiesta has once again topped the best-selling used car sales chart in the UK. In 2024, a mighty 306,207 second-hand examples were sold, according to figures released by the Society of Motor Manufacturers and Traders (SMMT). And it trumped its nearest rival, the Vauxhall Corsa, by over 50,000.
What is the common problem in Ford Fiesta?
Common problems with the Ford Fiesta include: Worn suspension. Fluid leaks. Corroded or blocked components.
Why did Ford stop selling the Fiesta?
“We decided to build our first high-volume electric vehicle here in Cologne,” said Sander. “There comes the point where we need the space for construction, because we are turning the Fiesta plant into a fully battery-electric plant. This is why we had to make a decision that we have to stop Fiesta production.”
Will the Ford Fiesta become a classic?
Sam Sheehan said: “With the production of Ford Fiestas now over, the ST hot hatch model looks likely to become a future classic. “Fast, fun and - most importantly - affordable, it'll remain a sought-after real-world performance car for years to come.”
How many miles will a Ford Fiesta last?
200,000 miles
Motor and Wheels estimates that Ford Fiestas can last up to 200,000 miles with proper maintenance and conscientious use. Most people don't drive their cars past 150,000 miles anyway, so you'll probably have a few thousand miles left on your used Ford Fiesta before it breaks down.
Do Ford Fiestas hold their value?
The Ford Fiesta manages similar feats as the Toyota Yaris when it comes to retaining resale value in the range of 40-60% depending on age and conditions.
