Here’s how much a 2020 Ford F-150 depreciated after 5 years

Calling the Ford F-150 popular is an understatement. The Blue Oval full-size pickup has dominated the sales charts for decades, typically earning the title of America’s best-selling car of any kind. Last year, in our analysis of the best-selling cars in each state, we noted that the F-150 was the vehicle of choice in thirteen states. Add in big brother Super Duty variants and Ford will have shifted more than 800,000 F-Series units by 2025. Success in the showroom ultimately leads to many used car choices, often after depreciation has set in. In the case of the 2020 Ford F-150, customers can expect prices 43% to 49.5% below the original MSRP, depending on which valuation tracker you believe.

The 2020 model year is a happy medium in the used car space, representing a mix of modernity and affordability for many consumers. Keep in mind that depreciation goes down in both directions if you trade in a 2020 Ford F-150 instead of buying one. To get a more complete picture of the loss in value for this truck, we analyzed data from AutoEdge And iSeeCarswith special attention to the 5-year benchmark. Since the F-150 isn’t the only truck on the road, we also looked at the depreciation of the Chevrolet Silverado 1500 and Ram 1500. The GMC Sierra 1500 is excluded from this comparison because it has nearly the same ratings as its business cousin, the Silverado.

According to AutoEdgea 2020 Ford F-150 retains 50.48% of its original value after five years, yielding a nearly identical depreciation rate of 49.52%. On a vehicle with an original sticker price of $62,008 (CarEdge calculation), the result is a residual value of $31,302. The team mentions the F-150 for its strong value retention, a common characteristic of half-ton pickup trucks. CarEdge bases its estimates on vehicles in good condition with an annual average of 21,500 miles on the odometer.

iSeeCars has a more optimistic view of the F-150, projecting a five-year depreciation rate of 43%. So that truck with an MSRP of $62,008 would have a residual value of $35,345, or about a $4,000 gap compared to CarEdge’s number. This valuation for the F-150 is nearly equal to the 42.5% five-year depreciation rate that iSeeCars estimates for the overall large truck segment, based on data from the company’s marketplaces. In the “could be worse” category, several vehicles are among the biggest losers in depreciation over a year, losing 30% or more of their value.

Which prediction is more accurate? It’s hard to say, due to the sheer number of trims for the 2020 F-150. A review of Car dealer The listing shows examples in good condition (clean title, no accidents) with less than 70,000 miles, starting at about $20,000 for a base XL edition, while the bread-and-butter XLT grade adds about another $5,000 to that asking price. The well-equipped Lariat trim looks to settle into the $30,000 to $40,000 range.

If you subscribe to CarEdge’s more conservative depreciation projection for the F-150 (49.52%), then from CarEdge The five-year decline in value of 43.08% for the Silverado 1500 puts the Chevy ahead in terms of residual value. Unlike the valuation gap with the Ford, iSeeCars’ The depreciation estimate for the Silverado (42.5%) almost matches the 43% rate of the same company’s F-150.

Bring the Ram 1500 into the picture and there is another difference in rating. iSeeCars’ The 5-year depreciation rate of 42.8% almost matches that of the Silverados and is close to the F-150’s 43%. In the meantime, AutoEdge predicts that a Ram 1500 will lose 50.11% of its original value after 5 years, slightly worse than the Ford. Ultimately, there are many vehicles with a lower depreciation over 5 years.

Looking at the longer term, the F-150 depreciates by 56.37% over seven years. AutoEdge. That’s worse than the Silverado 1500 (51.34%) but better than the Ram 1500 (57.95%). After ten years, the F-150 is at the bottom of the list in terms of depreciation, with a CarEdge expected loss in value of 63.88%, just behind the Ram 1500 (63.5%). Of the group, the Silverado has the lowest depreciation rate over the same period at 61.85%.