Ford F-Series Pickups Remain a Smart Investment
Buying a new F-Series can literally save you thousands of dollars in depreciation cost compared to the average vehicle.
OK, so calling any new vehicle an “investment” is a bit of a stretch. Everyone knows that new cars are a depreciating asset, and that you lose money as soon as you drive them off the lot. The key for savvy shoppers, then, is to target vehicles that hold their value better than others. In fact, buying a truck with less depreciation can save you more money than any other cost, including fuel. Which is why the Ford F-Series remains a smart “investment” year after year.
And 2018 is no exception, as the Ford F-Series has once again landed on Kelly Blue Book’s Best Resale Value Awards list. The latest Ford trucks are expected to retain 58.7% of their value over the next three years and 49.6% over five years. This strong value retention is also part of the reason why the Ford F-150 has been named KBB’s Pickup Truck Best Buy for the fourth straight year.
Those resale percentages stand in stark contrast to the industry average of a 33% five year retained value. That adds up to a significant $7,710 difference between your average car and the 2018 Ford F-Series pickup, assuming a modest $30,000 sales price. While most people concern themselves more with things like fuel and insurance costs, few really take depreciation into account. But as you can see, the “hidden” cost of depreciation can easily exceed both.
Of course, you can negate the evil effects of depreciation by buying a used truck and keeping it for a long time. But if you’re the type of person who likes to upgrade their ride every few years, buying a Ford F-Series pickup will save you a lot of cash in the long run.