Used 2023 Ford F-150 for Sale nearLondon, ON

How much does the 2023 Ford F-150 cost?

Prices have softened 9.25% compared to this time last year, making it a favourable time to shop this model year.

There are 2,979 listings available, which suggests you have a healthy amount of inventory to compare.

Is the 2023 Ford F-150 a good car?

Yes — the 2023 Ford F-150 earns a 4.94/5 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 gets strong marks for its impressive technology and powerful capability, while the lineup’s broad range helps you tailor it to work, family, or recreation needs. On the trade-off side, pricing can feel high, and some luxury features may be more than you need.

With 33.5% of listings priced as good or great deals, the market offers some room to shop selectively.

Is the 2023 Ford F-150 reliable?

Owners rate it 4.94/5, a strong signal of long-term satisfaction.

Owners describe it as powerful, smooth, and modern, and the overall feedback points to a truck that people feel good about living with over time. The expert evaluation also notes that the truck feels structurally solid and that the 10-speed automatic always picks the right gear at the right time and without delay. Ford’s first scheduled maintenance visit is on the house, which helps early ownership costs.

For used buyers, the main long-term ownership risk is that a well-equipped truck can be expensive to keep if you choose higher-spec versions or heavy-use configurations.

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

Key things to evaluate:

• Trim level: The lineup spans regular, extended, and crew cab body styles, with eight core trims ranging from the XL work truck to the Raptor performance truck. The base XL is the most work-focused, while the XLT test truck shows how quickly equipment can climb with options such as 4WD, the XLT High Package, the XLT Sport Appearance Package, and the Heritage Edition Package.
• Powertrain: You can find multiple engines across the range, including the optional twin-turbocharged 3.5-litre EcoBoost V6 in the test truck. It makes 400 horsepower and 500 pound-feet of torque, and the truck pairs it with a 10-speed automatic transmission.
• 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 capability, lane-centring assist, evasive steering assist, intersection assist for left turns, and a speed-sign recognition system.
• Infotainment: Sync 4 brings a 12-inch touchscreen, enhanced voice recognition, wireless Apple CarPlay and Android Auto, over-the-air software updates, SiriusXM 360L, and FordPass Connect with a 4G LTE Wi-Fi hotspot.
• Fuel efficiency: According to Natural Resources Canada, the test truck should have returned 12.1 litres per 100 kilometres 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, XLT, Lariat, King Ranch, Platinum, Limited, Tremor, Raptor.

Here's the short version:

• XL: This is the workhorse choice and the most affordable path into the lineup. It makes sense if you want the F-150’s core capability without paying for extra comfort or tech.
• XLT: This is the best-value trim for most shoppers because it adds the strongest mix of everyday usability and technology, including Sync 4 with a 12-inch touchscreen, wireless smartphone integration, and over-the-air updates.
• Lariat: Choose this if you want a more upscale feel and the option to add adaptive damping suspension, which can improve ride quality compared with lower trims.
• King Ranch: This is for buyers who want a more premium, high-end truck and are willing to pay for it.
• Platinum: This suits you if you want luxury-oriented features and a more upscale presentation than the mainstream trims.
• Limited: This is the top-end comfort and feature play for buyers who want the most expensive, most fully equipped version.
• Tremor: Pick this if you want stronger off-road capability than the standard trims provide.
• Raptor: This is the performance flagship, and the Raptor R adds the most extreme hardware in the lineup, including the supercharged 5.2-litre V8 and 37-inch all-terrain tyres.

The safety package is comprehensive, but some advanced driver-assistance features are not standard on every trim.

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: 33.5% of listings are priced as good or great deals.
• Inventory: There are 2,979 listings available.
• Price trend: Prices have softened 9.25% compared with last year.

If you find a listing below $50,756 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 $50,756 CAD sits slightly below last year's $55,929 CAD.

That softer pricing suggests the market has become more favourable for buyers, which can make future resale more competitive if you buy at the right price. For a seller, it means you may need to be realistic on asking price unless your truck has especially desirable equipment or condition. The broad appeal of the F-150 still helps support demand, especially for well-equipped examples.

Vehicles with strong owner satisfaction ratings, like this model year's 4.94/5, tend to retain buyer demand, which supports resale value over time.

Is the 2023 Ford F-150 safe?

The 2023 Ford F-150 SuperCrew earns high marks from the Insurance Institute for Highway Safety (IIHS) and nothing but 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 capability, lane-centring assist, evasive steering assist, intersection assist for left turns, and a speed-sign recognition system.

The system is broadly comprehensive, but the lane-centring assist can be a bit aggressive in tighter situations and may tug at the wheel when you would rather it didn’t.

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:

• 33.5% of listings are priced as good or great deals.
• Price trend: Prices have softened 9.25% compared with last year.
• Owners rate it 4.94/5 — a strong satisfaction signal.
• This year adds the Raptor R and XLT Heritage Edition, broadening the lineup with both extreme performance and distinctive styling.

Consider the 2024 if:

• At $56,111 CAD, the 2024 costs more than the current year's $50,756 CAD average.
• It adds a multi-functional tailgate and updated BlueCruise.

The 2023 is the better value if you want a strong mix of capability, tech, and lower pricing. If you want the newer updates and are willing to pay more, the 2024 is the cleaner upgrade path.

These recommendations are based on CarGurus' proprietary market data from September 22, 2026, CarGurus experts' opinions, and generative AI.