Easterns Blog

The Ford F-150 is one of America’s best-selling pickup trucks and is renowned for its rugged performance and versatility. With its robust construction, advanced towing capabilities and cutting-edge technology, the F-150 has earned its reputation as the ultimate workhorse for drivers across the nation.

Initial Price of the Ford F-150

The F-150 is one of those unique models that has a wide breadth of new vehicle starting prices based on trim features, power and technology. Starting MSRPs can range from $36,000 to $85,000.

• Base Models vs. High-End Trims:
  • Entry-level models like the XL or XLT start at the lower end of the price spectrum. They are still equipped with key features for a reliable and capable truck.
  • Higher trim levels such as the Lariat, King Ranch, Platinum and Limited offer premium interiors, advanced safety systems and enhanced performance options, which significantly increase the price.
• Engine Choices and Performance:
  • The F-150 offers various engine options, from the fuel-efficient 3.3L V6 to the powerful 5.0L V8 and high-performance 3.5L EcoBoost V6.
  • More powerful and advanced engines come at a higher cost, contributing to the overall price variation.
• Cab and Bed Configurations:
  • The F-150 is available in multiple cab styles (Regular, SuperCab and SuperCrew) and bed lengths.
  • Larger cabs and longer beds provide more space and utility but also add to the cost.
• Optional Features and Packages:
  • Ford offers numerous optional features and packages, including advanced technology, off-road enhancements, towing packages and luxury options.
  • Each added feature or package increases the overall price, allowing buyers to customize the F-150 to their preferences.

Depreciation: The Silent Cost of Ownership

Depreciation is a necessary consideration when assessing the total cost of owning a Ford F-150. Like most trucks, the Ford F-150 experiences less depreciation than cars. While a new car can be expected to depreciate nearly 20 percent in its first year, a new Ford F-150 typically only depreciates between 10 and 15 percent. It also has an industry-leading five-year depreciation of only about 35 to 40 percent. The condition of the truck and trim features can play into this calculation as well, but overall, highly sought-after trucks like the F-150 retain their value better than many other commuter vehicles.

Insurance: Protecting Your Investment

On average, annual insurance premiums for the F-150 range from $1,200 to $2,500. For example, a driver with a clean record in a low-risk area might pay around $1,200 to $1,500 per year for full coverage. Conversely, drivers with past infractions or those living in high-risk areas could see premiums closer to $2,000 to $2,500 annually.

Maintenance: Keeping Your F-150 in Prime Condition

Maintaining the performance and reliability of your Ford F-150 requires regular upkeep and occasional repairs. Proper maintenance can prolong the lifespan of your F-150 and minimize unexpected repair costs. For instance, oil changes typically cost between $50 and $100 and should be done every 5,000 to 7,500 miles. Tire rotations, which promote even tread wear, cost around $50 to $100 and are recommended every 6,000 to 8,000 miles. Regular brake inspections are crucial, with brake pad replacements ranging from $150 to $300 per axle, and a full brake job, including rotors, costing between $300 and $500 per axle.

Additionally, checking and topping up essential fluids such as coolant, brake fluid and transmission fluid is necessary and can cost between $50 and $150, depending on the specific fluids. On average, the annual maintenance cost for a Ford F-150 can range from $800 to $1,200.

Pre-Owned Ford F-150s at Prices You Can Afford at Easterns Automotive

If you’re thinking about buying a Ford F-150, consider saving money by opting for a pre-owned vehicle at one of our Easterns Automotive locations in Virginia, Maryland or Washington D.C. We believe that “your job is your credit” and offer financing options that cater to every credit profile.

Discover the benefits of working with an auto loan team that prioritizes accessibility and flexibility for every customer. View our online inventory or contact us today at (877) 927-5004.