Ford F-150 Depreciation

A Ford F-150 will depreciate 36% after 5 years and have a 5 year resale value of $27,812.

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

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $5,453 87.45% $37,997 12,000 2022
2 $7,591 82.53% $35,859 24,000 2023
3 $9,494 78.15% $33,956 36,000 2024
4 $12,392 71.48% $31,058 48,000 2025
5 $15,638 64.01% $27,812 60,000 2026
6 $17,171 60.48% $26,279 72,000 2027
7 $21,434 50.67% $22,016 84,000 2028
8 $22,811 47.50% $20,639 96,000 2029
9 $26,235 39.62% $17,215 108,000 2030
10 $27,174 37.46% $16,276 120,000 2031

Ford F-150 Depreciation

Years Old Depreciation Residual Value Resale Value
1 $5,453 87.45% $37,997
2 $7,591 82.53% $35,859
3 $9,494 78.15% $33,956
4 $12,392 71.48% $31,058
5 $15,638 64.01% $27,812
6 $17,171 60.48% $26,279
7 $21,434 50.67% $22,016
8 $22,811 47.50% $20,639
9 $26,235 39.62% $17,215
10 $27,174 37.46% $16,276

Ford F-150 Depreciation Calculator

Current Vehicle Age
Current Price
Own it For
Annual Miles

If you purchase a used Ford F-150 that is 2 years old, then you could save $7,591 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 $8,047. 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 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 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
2021 $43,450 $43,450 $368 $0 0% 100%
2020 $43,432 $38,405 $424 $5,045 11.61% 87.45% Best
2019 $43,397 $36,347 $530 $2,058 5.36% 82.53% Better
2018 $43,427 $34,631 $691 $1,716 4.72% 78.15% Better
2017 $43,348 $31,779 $796 $2,852 8.24% 71.48% Good
2016 $41,003 $27,255 $1,011 $4,524 14.24% 64.01% Good
2015 $40,917 $26,146 $1,401 $1,109 4.07% 60.48%
2014 $38,006 $20,846 $1,587 $5,300 20.27% 50.67%
2013 $37,017 $19,292 $1,710 $1,554 7.45% 47.5%
2012 $37,958 $16,993 $1,954 $2,299 11.92% 39.62%
2011 $35,652 $15,362 $2,008 $1,631 9.6% 37.46%
2010 $32,892 $13,384 $2,302 $1,978 12.88% 33.69%
2009 $31,444 $11,942 $2,719 $1,442 10.77% 29.33%
Year Price % Paid Value Rank
2021 $43,450 100%
2020 $38,405 87.45% Best
2019 $36,347 82.53% Better
2018 $34,631 78.15% Better
2017 $31,779 71.48% Good
2016 $27,255 64.01% Good
2015 $26,146 60.48%
2014 $20,846 50.67%
2013 $19,292 47.5%
2012 $16,993 39.62%
2011 $15,362 37.46%
2010 $13,384 33.69%
2009 $11,942 29.33%

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: