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What is a Ford F-150’s estimated depreciation?
Do Ford F-150s depreciate quickly compared to other vehicles?
Jacqulyn Graber · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
The Ford F-150 has an estimated depreciation rate of 24% over five years. This is, on average, much better than many of its competitors.
The F-150 has been one of the manufacturer’s best-selling vehicles—and one of the most popular pickup trucks overall—for decades. One reason for this is likely because they hold their value very well.
This means that Ford F-150 trucks are a great investment as far as vehicles go. Imagine you purchase a brand new F-150 for $59,650. Assuming you keep the truck in good condition and average 12,000 miles each year, you’ll still have a resale value of $45,328 after five years.
A great way to maintain the long-term resale value of your F-150 is to protect it with a solid
car insurance
policy. The
Jerry
app is the easiest way to find the best Ford F-150 insurance cost
. As a licensed broker
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- Gregory R.
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