Used 2023 Ford F-150 for Sale nearLondon, ON

How much does the 2023 Ford F-150 cost?

Prices have softened 9.99% compared to this time last year, making it a favourable time to shop this model year.

There are 2,983 listings available, which suggests solid inventory for used shoppers.

Is the 2023 Ford F-150 a good car?

Yes — the 2023 Ford F-150 earns a 4.9/5 user rating and an 8.00/10 expert rating. The standout strength is Technology at 9/10.

Owners consistently praise its powerful performance, smooth ride, and modern features like the large touchscreen and advanced safety tech. The truck also fits buyers who want capability and features first, especially given its broad lineup and work-focused usefulness.

The trade-offs are familiar: fuel economy is poor with the 3.5-litre EcoBoost V6, ride quality can be rough in the test truck, and some interior materials feel cheap. Even so, the model’s broad strengths make it appealing if you value utility, tech, and safety over refinement.

There are 33.8% good or great deals in the market, which points to decent value opportunities.

Is the 2023 Ford F-150 reliable?

Owners rate it 4.9/5, a strong signal of long-term satisfaction.

User feedback points to a truck that feels powerful, smooth, and modern, with owners especially appreciating the advanced safety tech and everyday usability. That kind of praise usually lines up with a vehicle people feel confident living with over the long term.

The test-drive evaluation also describes the truck as structurally solid, with secure handling and a transmission that consistently chooses the right gear without delay. Ford’s first scheduled maintenance visit is on the house, which helps early ownership costs.

For used buyers, the main long-term risk is that a truck with this much complexity can be more expensive to keep if prior maintenance was neglected.

What should I look for when buying a used 2023 Ford F-150?

Key things to evaluate:

• Trim level: The lineup spans regular, Super Cab, and SuperCrew body styles, with eight core trims from XL to Raptor. Base versions are work-focused, while higher trims add more comfort and equipment, so you should check carefully for feature gaps if you want more than a basic truck.
• Powertrain: The F-150 offers multiple engines, including the twin-turbocharged 3.5-litre EcoBoost V6 in the test truck. It delivers effortless acceleration, and the 10-speed automatic is described as quick and well matched to the engine.
• Safety package: Ford Co-Pilot360 Assist 2.0 bundles automatic high-beam headlights, forward collision warning with pedestrian detection, automatic emergency braking, lane-departure warning, lane-keeping assist, blind-spot monitoring, rear cross-traffic alert, rear parking sensors, and automatic reverse braking. The Assist portion adds adaptive cruise control with stop-and-go, lane-centring assist, evasive steering assist, intersection assist for left turns, and speed-sign recognition.
• Infotainment: Sync 4 includes a 12-inch touchscreen, wireless Apple CarPlay and Android Auto, over-the-air updates, voice recognition, and SiriusXM 360L. FordPass Connect and a 4G LTE Wi-Fi hotspot are also standard.
• Fuel efficiency: The test truck was expected to return 12.1 L/100 km in combined driving, but it averaged 13.8 L/100 km on the test loop.

Which 2023 Ford F-150 trim should I buy?

The 2023 Ford F-150 is offered in 8 trim levels: XL, STX, XLT, Lariat, King Ranch, Platinum, Tremor, and Raptor.

Here's the short version:

• XL: This is the work-first choice, and it makes sense if you want the lowest entry point and plan to keep the truck simple.
• STX: This is the value step-up if you want a little more polish than XL without moving far up the price ladder.
• XLT: This is the best-value trim for most buyers because it brings Sync 4 with a 12-inch touchscreen, wireless smartphone integration, over-the-air updates, and Ford Co-Pilot360 Assist 2.0.
• Lariat: Choose this if you want a more upscale feel and are willing to pay for additional comfort and convenience.
• King Ranch: This suits buyers who want a premium cabin and a more distinctive upscale personality.
• Platinum: This is for shoppers who want a high-end truck with a more luxurious presentation.
• Tremor: Pick this if you want a more off-road-focused setup.
• Raptor: This is the performance model, aimed at buyers who want the most extreme capability and hardware in the lineup.

Ford Co-Pilot360 Assist 2.0 is standard on the truck, but some advanced driver-assistance features depend on trim and equipment.

Is now a good time to buy a used 2023 Ford F-150?

This looks like a moderate, selective buyer’s market, so you can shop carefully and still find worthwhile listings.

• Deal availability: 33.8% of listings are priced as good or great deals.
• Inventory: There are 2,983 listings available.
• Price trend: Prices have softened 9.99% compared with last year.

If you find a listing below $49,006 CAD, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2023 Ford F-150's resale value?

The current average of $49,006 CAD sits slightly below last year's $54,447 CAD.

That softer pricing suggests the market has become more favourable for buyers, but it also means future sellers may need to price competitively to stand out. If you buy well now, you may have less downside risk than someone who purchased when prices were higher.

The F-150’s broad appeal should help support demand over time, especially because it remains a popular full-size truck with strong capability and technology. Still, resale will depend on trim, condition, mileage, and how well the truck has been maintained.

Vehicles with strong owner satisfaction ratings, like this model year's 4.9/5, tend to retain buyer demand, which supports resale value over time.

Is the 2023 Ford F-150 safe?

The F-150 SuperCrew earns high marks from the Insurance Institute for Highway Safety (IIHS) and five-star ratings from the National Highway Traffic Safety Administration (NHTSA), coupled with a four-star rollover resistance rating.

It earns an 8/10 safety score from our experts.

Ford Co-Pilot360 Assist 2.0 is the named driver-assistance suite, and it includes automatic high-beam headlights, forward collision warning with pedestrian detection, automatic emergency braking, lane-departure warning, lane-keeping assist, blind-spot monitoring, rear cross-traffic alert, rear parking sensors, and automatic reverse braking. The Assist portion adds adaptive cruise control with stop-and-go, lane-centring assist, evasive steering assist, intersection assist for left turns, and speed-sign recognition.

A caveat to keep in mind is that the lane-centring system can be a bit aggressive in tighter situations, and it may need driver override when it steers in a way you do not want.

Should I buy a 2023 Ford F-150 or consider a different year?

If you're weighing the 2023 against nearby model years, here's how to think about it:

Choose the 2023 if:

• 33.8% of listings are priced as good or great deals.
• Price trend: Prices have softened 9.99% compared with last year.
• Owners rate it 4.9/5 — a strong satisfaction signal.
• This year adds the Raptor R and XLT Heritage Edition, expanding the lineup’s appeal.

Consider the 2024 if:

• At $53,849 CAD, the 2024 costs more than the current year's $49,006 CAD average.
• It adds updated BlueCruise and a more refined feature set.

The bottom line: The 2023 is the better starting point if you want stronger value and a wider pool of used listings. If you can stretch for a newer truck and want the latest updates, the 2024 is the cleaner upgrade path.

How does the 2023 Ford F-150 compare to the 2023 Chevrolet Silverado 1500?

Expert Pros & Cons (per CarGurus review team)

2023 Ford F-150:

• Pros: Class-leading towing and payload ratings, Impressive technology, Great safety ratings.
• Cons: Poor fuel economy (3.5-liter EcoBoost V6), Poor ride quality (specific to test truck), Some interior materials feel cheap.

2023 Chevrolet Silverado 1500:

• Pros: Easy-to-use technology, Powerful engine options, Tons of cabin space.
• Cons: Rough ride compared to rivals, Polarizing front-end styling, Steering feels numb at times.

Our experts score the 2023 Ford F-150 8/10 and the 2023 Chevrolet Silverado 1500 8.7/10. The Ford stands out for towing, payload, technology, and safety, while the Silverado counters with stronger overall expert scoring and a roomier cabin. If you want the truck with the better capability-and-tech blend, the F-150 is compelling; if you care more about the higher expert score and cabin space, the Silverado has the edge.

Read our full side-by-side expert comparison here.

These recommendations are based on CarGurus' proprietary market data from November 10, 2026, CarGurus experts' opinions, and generative AI.