Depreciation
Ford Depreciation
Brand new Ford vehicles depreciate 50% after 5 years on average.
2024 is our top pick for the best model year value for Ford vehicles. With the 2024, you would only pay, on average, 73% of the price as new, with 92% of the vehicle's useful life remaining. The 2023 and 2022 model years are also attractive years for Ford models, and provide a relatively good value.
Our rankings consider multiple factors, including original new prices, current prices, maintenance costs and remaining years of overall predictable expenses. Our top ranked model year represents the most car for the money with a Ford model.
Ford Average Depreciation Curve
Model year — % of original value retained today
Ford Depreciation by Year
| Year | Depreciation | Residual Value | Percent Left | Value Rating |
|---|---|---|---|---|
| 2024 | 26.7% | 73.3% | 91.7% | Best |
| 2023 | 34.0% | 66.0% | 83.3% | Better |
| 2022 | 37.8% | 62.2% | 75.0% | Better |
| 2021 | 42.3% | 57.7% | 66.7% | Good |
| 2020 | 49.9% | 50.1% | 58.3% | Good |
| 2019 | 53.0% | 47.0% | 50.0% | |
| 2018 | 58.5% | 41.5% | 41.7% | |
| 2017 | 62.1% | 37.9% | 33.3% | |
| 2016 | 64.5% | 35.5% | 25.0% | |
| 2015 | 67.1% | 32.9% | 16.7% | |
| 2014 | 69.6% | 30.4% | 8.3% | |
| 2013 | 71.9% | 28.1% | 0.0% |
| Year | Depreciation | Residual Value | Value Rating |
|---|---|---|---|
| 2024 | 26.7% | 73.3% | Best |
| 2023 | 34.0% | 66.0% | Better |
| 2022 | 37.8% | 62.2% | Better |
| 2021 | 42.3% | 57.7% | Good |
| 2020 | 49.9% | 50.1% | Good |
| 2019 | 53.0% | 47.0% | |
| 2018 | 58.5% | 41.5% | |
| 2017 | 62.1% | 37.9% | |
| 2016 | 64.5% | 35.5% | |
| 2015 | 67.1% | 32.9% | |
| 2014 | 69.6% | 30.4% | |
| 2013 | 71.9% | 28.1% |
Best Year to Buy a Ford
The 2024 Ford offers the best value for money. You pay only 73% of the original price with 92% of useful life remaining. Other great options include the 2023 and 2022 model years.
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Ford Depreciation by Model
Select a model to see its full depreciation curve and historical data.
Ford Mustang
Coupe
Ford E-Transit-350 Cargo Van
Full Size Van
Ford F-250
Heavy-Duty
Ford F-350
Heavy-Duty
Ford F-450
Heavy-Duty
Ford F-150
Pickup
Ford F-150 Lightning
Pickup
Ford Maverick
Pickup
Ford Ranger
Pickup
Ford Bronco
SUV
Ford Bronco Sport
SUV
Ford Edge
SUV
Ford Escape
SUV
Ford Expedition
SUV
Ford Expedition Max
SUV
Ford Explorer
SUV
Ford Mustang Mach-E
SUV
“Useful Lifespan” and Methodology
While the “Useful Lifespan” of a vehicle will vary greatly from one model to the next, and even one owner to the next, we have determined that twelve years is the most appropriate timeframe which will yield us good, usable data — and that any data beyond that timeframe becomes more dispersed, and ultimately less reliable. Moreover, maintenance costs beyond that timeframe become significantly more varied, as a vehicle owner's care of a particular vehicle will greatly impact its value, and ongoing maintenance costs. We are very much hopeful, however, that your car or truck will last well beyond twelve years, and that it gets you to where you want to go.
We aggregate and analyze millions of automotive data points from a variety of the industry's leading data providers. The insights and information on this page represent the overall averages of the combined costs of vehicle ownership. This information should be used as a general guide, as your individual results may vary significantly from that which is shown. Our mission is to provide car buyers with the resources they need to make informed purchase decisions. To learn more, see our FAQs.
