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What is the Ford depreciation rate?
I’m putting together a study of the depreciation rates for several popular car brands and am currently looking at Ford. Can you tell me how fast Fords depreciate?
Mary Cahill · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
Depreciation rates are definitely not created equal! Ford depreciation rates vary significantly depending on the vehicle.
Generally, trucks and sports cars depreciate at a slower rate than other vehicles—which is good news for the perennially popular
Ford F-150
since it has a depreciation rate of 24% after five years. Even the Ford Mustang
has a five-year depreciation rate of 24%!Ford SUV depreciation rates tell a slightly different story. The recent resurgence of the
Ford Bronco
has helped boost Ford sales, but after five years of ownership, the Bronco will depreciate by a whopping 35%. And worse, the depreciation rate of a Ford Explorer
is 37%. Regardless of your Ford’s depreciation rate, protecting your vehicle with good
car insurance
is a must. Find a huge selection of cheap rates on the Jerry
app.Jerry is free to download and grants you immediate access to the most affordable rates for every major car brand. In just a few minutes, you could be on your way to enrolling with a new insurance provider, which could lead to car insurance savings that total over $800 a year!
View full answer
- Gregory R.
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