Ford F-150 Depreciation
A Ford F-150 will depreciate 36% after 5 years and have a 5 year resale value of $27,614.
The F-150 pick-up has been the best-selling vehicle since the beginning of time. One thing that keeps them going, is that they hold their value very well, and they are a good investment, from a vehicle perspective. The F-150 ranks in our Top 10 models, landing in 7th place, just one notch below the Silverado 1500. However, the results are so close, that the choice between Ford and Chevy should be based upon other factors, and not just value retention. Half-ton pick-ups hold their value extremely well, and the F-150 is no exception.
The chart below shows the expected depreciation for the next 10 years. These results are for vehicles in good condition, averaging 13,500 miles per year. It also assumes a selling price of $43,432 when new. Enter your purchase price, expected ownership period and estimated miles driven annually. Our depreciation calculator will predict an expected resale value for the Ford F-150.
Ford F-150 Depreciation
Years Old | Depreciation | Residual Value | Resale Value | Mileage | Resale Year |
---|---|---|---|---|---|
1 | $5,629 | 87.04% | $37,803 | 13,500 | 2021 |
2 | $6,597 | 84.81% | $36,835 | 27,000 | 2022 |
3 | $9,572 | 77.96% | $33,860 | 40,500 | 2023 |
4 | $13,950 | 67.88% | $29,482 | 54,000 | 2024 |
5 | $15,818 | 63.58% | $27,614 | 67,500 | 2025 |
6 | $20,839 | 52.02% | $22,593 | 81,000 | 2026 |
7 | $21,946 | 49.47% | $21,486 | 94,500 | 2027 |
8 | $24,891 | 42.69% | $18,541 | 108,000 | 2028 |
9 | $26,315 | 39.41% | $17,117 | 121,500 | 2029 |
10 | $27,601 | 36.45% | $15,831 | 135,000 | 2030 |
Ford F-150 Depreciation
Years Old | Depreciation | Residual Value | Resale Value |
---|---|---|---|
1 | $5,629 | 87.04% | $37,803 |
2 | $6,597 | 84.81% | $36,835 |
3 | $9,572 | 77.96% | $33,860 |
4 | $13,950 | 67.88% | $29,482 |
5 | $15,818 | 63.58% | $27,614 |
6 | $20,839 | 52.02% | $22,593 |
7 | $21,946 | 49.47% | $21,486 |
8 | $24,891 | 42.69% | $18,541 |
9 | $26,315 | 39.41% | $17,117 |
10 | $27,601 | 36.45% | $15,831 |
If you purchase a used Ford F-150 that is 2 years old, then you could save $6,597 compared to buying new, and still have a relatively new model with plenty of useful life remaining. If you plan to keep this vehicle for 3 years then your total cost of depreciation would be $9,221. Try other age and ownership length combinations, or different vehicles to see if you can find depreciation sweetspots where this cost is the lowest. Hint: Try vehicles between 2 and 4 years old, as brand new vehicles depreciate quickly. Also, if this is a recently released model and buying a few years old isn't possible, consider another vehicle, or perhaps wait until more used F-150 models become available.
The Best Model Years to Buy a Ford F-150
The 2019 Ford F-150 is our top pick for the best model year value for the F-150. With the 2019, you would only pay, on average, 87% of the price as new, with 92% of the vehicle's useful life remaining. The 2020 and 2016 model years are also attractive years for the F-150, and provide a relatively good value. Our rankings consider multiple factors, including the F-150's price as new, current price, maintenance costs and remaining years of overall predictabe expenses. Our top ranked model year represents the most car for the money of the Ford F-150 models.
Ford F-150 Historical Depreciation
Year | New Price | Current Price | Maintenance | $ Decline | % Decline | % Paid | Value Rating |
---|---|---|---|---|---|---|---|
2020 | $43,432 | $43,432 | $368 | $0 | 0% | 100% | Better |
2019 | $43,397 | $38,198 | $424 | $5,234 | 12.05% | 87.04% | Best |
2018 | $43,427 | $37,359 | $530 | $839 | 2.2% | 84.81% | Good |
2017 | $43,348 | $34,485 | $691 | $2,874 | 7.69% | 77.96% | |
2016 | $41,003 | $28,628 | $796 | $5,857 | 16.98% | 67.88% | Better |
2015 | $40,917 | $27,028 | $1,011 | $1,600 | 5.59% | 63.58% | |
2014 | $38,006 | $21,170 | $1,401 | $5,858 | 21.67% | 52.02% | Good |
2013 | $37,017 | $19,898 | $1,587 | $1,272 | 6.01% | 49.47% | |
2012 | $37,958 | $17,913 | $1,710 | $1,985 | 9.98% | 42.69% | |
2011 | $35,652 | $16,003 | $1,954 | $1,910 | 10.66% | 39.41% | |
2010 | $32,892 | $13,996 | $2,008 | $2,007 | 12.54% | 36.45% | |
2009 | $31,444 | $12,482 | $2,302 | $1,514 | 10.82% | 32.38% | |
2008 | $27,782 | $10,076 | $2,719 | $2,406 | 19.28% | 26.48% |
Year | Price | % Paid | Value Rank |
---|---|---|---|
2020 | $43,432 | 100% | Better |
2019 | $38,198 | 87.04% | Best |
2018 | $37,359 | 84.81% | Good |
2017 | $34,485 | 77.96% | |
2016 | $28,628 | 67.88% | Better |
2015 | $27,028 | 63.58% | |
2014 | $21,170 | 52.02% | Good |
2013 | $19,898 | 49.47% | |
2012 | $17,913 | 42.69% | |
2011 | $16,003 | 39.41% | |
2010 | $13,996 | 36.45% | |
2009 | $12,482 | 32.38% | |
2008 | $10,076 | 26.48% |
Other Ford F-150 Costs of Ownership
Finding a car or truck that saves on depreciation costs is important. But, it's also imperative to view all major Ford F-150 costs. This will ensure that you are finding the vehicle that provides you the best value, at the lowest cost. We've created tools that will also help you to save on the following ownership expenses: