2023 Ford F-150 Depreciation Guide

2023 Ford F-150 Value Summary

The 2023 Ford F-150 sells for $27,400 today. It lost 25% from its $36,600 MSRP. Owners see a total drop of $9,200 over three years. This breaks down to $3,100 per year on average.

Drops hit hardest early. They slow later as miles spread over more years. This path fits trucks with standard gear, normal wear, and 12,000 to 15,000 miles yearly. Trim level, drivetrain, options, miles, and condition change your exact value.

Depreciation Curve

Values plunge most in the first three years. Annual losses then taper off. The table tracks value from new to six years old. It matches today's $27,400 and Sidekick forecasts. Years four to six predict ahead.

Age	Value	Total Depreciation	Annual Change
New	$36,600	0%	-
1 year	$33,900	7%	7%
2 years	$30,600	16%	10%
3 years (today)	$27,400	25%	10%
4 years (projected)	$25,000	32%	9%
5 years (projected)	$23,100	37%	8%
6 years (projected)	$21,000	43%	9%

This curve bases on a $36,600 MSRP. It targets popular trims with basic equipment. High-end trims start higher but hold a better share of value. Base trims sell quick but lose more percentage.

Value Factors

Buyers flock to used F-150s. This truck leads full-size pickups. People trust its service needs. Factors lift or cut values.

What Boosts Value

Clean history. No accidents, full service logs, and clear title build trust.
Low miles. Stay near 12,000 per year to top charts.
Key options. 4WD, tow package, bed liner, trailer brake controller, and spray-in bed coating draw buyers.
Favorite engines. The 2.7L EcoBoost and 5.0L V8 suit daily drives and hauls.
Safety tech. Driver aids and cameras reassure shoppers.

What Cuts Value

Abuse signs. Dents, rust, faded seats show rough life.
Custom lifts and big wheels. They limit buyers and trade offers.
Gaudy packages. Flashy chrome fades fast against useful gear.
Wrong setup. 2WD lags in snow country or farms where 4WD rules.

Trims tip the scale. XLT and Lariat balance cost and perks best. XL work trucks move fast in fleet zones but dip more in percent. Off-road or luxury models hold fans, but regions and miles shift outcomes.

Future Projections

Sidekick forecasts steady slowdown in drops. Losses milden past early years. Normal use shapes these numbers.

Timeline	Age	Projected Value	Total Loss from MSRP
1 year from now	4 years	$25,000	32%
3 years from now	6 years	$21,000	43%
5 years from now	8 years	$18,100	51%

High miles speed the slide. Clean trucks with records and hot features beat these marks. Stick to routine care for top results.

Comparison

The 2023 F-150 ranks high among U.S. full-size trucks for value hold. Toyota Tundra edges it with proven durability. F-150 ties Chevrolet Silverado and GMC Sierra. It pulls ahead of most Ram 1500 versions.

Midsize rivals like Toyota Tacoma and Honda Ridgeline set tough bars. F-150 counters with huge demand coast to coast. Parts stay cheap and ready. Mechanics handle them without sweat.

Full-size pickups outpace sedans and crossovers in retention. Tow power, utility, and job needs prop up used prices. F-150 shines here over softer rides.

Bottom Line

The 2023 Ford F-150 keeps solid value at $27,400 today. It sits 25% under $36,600 MSRP. The drop curve flattens ahead. Sidekick sees $25,000 in one year and $21,000 in three years.

4WD models with tow setups and spotless records fetch top dollar fast. If you own one, shine it up. Track every oil change. Nix wild mods that scare buyers. Sell near year five to skip steep falls. Long-haul keepers see costs shrink per year after four.

Hunt a buyer? Target XLT or Lariat with papers. Scan for frame rust, bed scratches, tire wear, dash lights. Test 4WD shift and tow gear. Grab a stock rig with average miles for rock-solid hold.

2023 Ford F-150

Total Depreciation

Projected Future Values