Ford F-150 Depreciation

A Ford F-150 will depreciate 36% after 5 years and have a 5 year resale value of $27,710.

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, and assumes a purchase price of $43,432 when new. Key in your purchase price, expected ownership period and estimated annual miles driven into our depreciation calculator, and we'll predict an expected resale value just for you.

Ford F-150 Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $5,542 87.24% $37,890 13,500 2021
2 $6,510 85.01% $36,922 27,000 2022
3 $9,486 78.16% $33,946 40,500 2023
4 $13,859 68.09% $29,573 54,000 2024
5 $15,722 63.80% $27,710 67,500 2025
6 $20,743 52.24% $22,689 81,000 2026
7 $21,846 49.70% $21,586 94,500 2027
8 $24,791 42.92% $18,641 108,000 2028
9 $26,211 39.65% $17,221 121,500 2029
10 $27,488 36.71% $15,944 135,000 2030
Years Old Depreciation Residual Value Resale Value
1 $5,542 87.24% $37,890
2 $6,510 85.01% $36,922
3 $9,486 78.16% $33,946
4 $13,859 68.09% $29,573
5 $15,722 63.80% $27,710
6 $20,743 52.24% $22,689
7 $21,846 49.70% $21,586
8 $24,791 42.92% $18,641
9 $26,211 39.65% $17,221
10 $27,488 36.71% $15,944

Ford F-150 Depreciation Calculator

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If you purchase a used Ford F-150 that is 2 years old, then you could save $6,510 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 $9,212. 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 2016 and 2018 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 $281 $0 0% 100%
2019 $43,397 $38,198 $337 $5,234 12.05% 87.24% Best
2018 $43,427 $37,359 $443 $839 2.2% 85.01% Better
2017 $43,348 $34,485 $604 $2,874 7.69% 78.16% Good
2016 $41,003 $28,628 $709 $5,857 16.98% 68.09% Better
2015 $40,917 $27,028 $924 $1,600 5.59% 63.8%
2014 $38,006 $21,170 $1,315 $5,858 21.67% 52.24% Good
2013 $37,017 $19,898 $1,500 $1,272 6.01% 49.7%
2012 $37,958 $17,913 $1,623 $1,985 9.98% 42.92%
2011 $35,652 $16,003 $1,868 $1,910 10.66% 39.65%
2010 $32,892 $13,996 $1,921 $2,007 12.54% 36.71%
2009 $31,444 $12,482 $2,215 $1,514 10.82% 32.65%
2008 $27,782 $10,076 $2,632 $2,406 19.28% 26.79%
Year Price % Paid Value Rank
2020 $43,432 100%
2019 $38,198 87.24% Best
2018 $37,359 85.01% Better
2017 $34,485 78.16% Good
2016 $28,628 68.09% Better
2015 $27,028 63.8%
2014 $21,170 52.24% Good
2013 $19,898 49.7%
2012 $17,913 42.92%
2011 $16,003 39.65%
2010 $13,996 36.71%
2009 $12,482 32.65%
2008 $10,076 26.79%
Our Favorite Ford F-150 Photo

About Our Data and "Useful Lifespan"

We aggregate and analyze millions of automotive data points from a variety of sources, including some of the industry's leading data providers. The historical depreciation tables, charts, values and overall rankings are conducted on a semi-annual basis, with our most recent update published in September 2020.

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.

If you would like to know more about our data and process, check out our FAQ here.