Ford F-150 Depreciation

A Ford F-150 will depreciate 39% after 5 years and have a 5 year resale value of $26,578.

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 in years 3 and 5, but trails the Silverado as more goes by. 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 12,000 miles per year. It also assumes a selling price of $43,450 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 Calculator

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Ford F-150 Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $5,640 87.02% $37,810 12,000 2022
2 $9,133 78.98% $34,317 24,000 2023
3 $10,272 76.36% $33,178 36,000 2024
4 $12,392 71.48% $31,058 48,000 2025
5 $16,872 61.17% $26,578 60,000 2026
6 $18,162 58.20% $25,288 72,000 2027
7 $22,481 48.26% $20,969 84,000 2028
8 $24,293 44.09% $19,157 96,000 2029
9 $27,595 36.49% $15,855 108,000 2030
10 $28,486 34.44% $14,964 120,000 2031

Ford F-150 Depreciation

Years Old Depreciation Residual Value Resale Value
1 $5,640 87.02% $37,810
2 $9,133 78.98% $34,317
3 $10,272 76.36% $33,178
4 $12,392 71.48% $31,058
5 $16,872 61.17% $26,578
6 $18,162 58.20% $25,288
7 $22,481 48.26% $20,969
8 $24,293 44.09% $19,157
9 $27,595 36.49% $15,855
10 $28,486 34.44% $14,964

Buying a Ford F-150 New vs Used

If you purchase a used Ford F-150 that is 2 years old, then you could save $9,133 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 $7,739. 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.

What About Ford F-150 Insurance Costs?

The average cost to insure a Ford F-150 is about $1,612 per year. This adds up to around $8,060 after 5 years of vehicle ownership. Unlike depreciation, this expense can often be lowered by shopping around for lower insurance premiums. Comparing quotes will ensure that you are not overpaying if you already own a Ford F-150. Or, if you are just researching, then it would be money-wise to know this cost before buying. Try our Competitive Quote Tool or the form below to get free quotes. Advertising Disclosure

The Best Model Years to Buy a Ford F-150

The 2020 Ford F-150 is our top pick for the best model year value for the F-150. With the 2020, you would only pay, on average, 87% of the price as new, with 92% of the vehicle's useful life remaining. The 2019 and 2021 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
2021 $43,450 $43,450 $353 $0 0% 100% Better
2020 $43,432 $38,209 $413 $5,241 12.06% 87.02% Best
2019 $43,397 $34,782 $508 $3,427 8.97% 78.98% Better
2018 $43,427 $33,819 $659 $963 2.77% 76.36% Good
2017 $43,348 $31,771 $785 $2,048 6.06% 71.48%
2016 $41,003 $26,065 $984 $5,706 17.96% 61.17% Good
2015 $40,917 $25,199 $1,386 $866 3.32% 58.2%
2014 $38,006 $19,887 $1,546 $5,312 21.08% 48.26%
2013 $37,017 $18,015 $1,695 $1,872 9.41% 44.09%
2012 $37,958 $15,766 $1,916 $2,249 12.48% 36.49%
2011 $35,652 $14,222 $1,944 $1,544 9.79% 34.44%
2010 $32,892 $13,155 $2,181 $1,067 7.5% 33.36%
2009 $31,444 $11,015 $2,524 $2,140 16.27% 27%
Year Price % Paid Value Rank
2021 $43,450 100% Better
2020 $38,209 87.02% Best
2019 $34,782 78.98% Better
2018 $33,819 76.36% Good
2017 $31,771 71.48%
2016 $26,065 61.17% Good
2015 $25,199 58.2%
2014 $19,887 48.26%
2013 $18,015 44.09%
2012 $15,766 36.49%
2011 $14,222 34.44%
2010 $13,155 33.36%
2009 $11,015 27%

Ford F-150 Depreciation Rankings

Depreciation Rankings

We've ranked over 200 models from best to worst for Depreciation. See where the Ford F-150 ranks for Depreciation compared to other vehicles. Also check out how the F-150 stacks up in our rankings for Maintenance, Insurance and Overall Costs.

Depreciation Rankings

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: