Used 2023 Ford F-150 for Sale near Prince Edward Island

How much does the 2023 Ford F-150 cost?

Prices have softened 9.11% compared to this time last year, making it a favourable time to shop this model year.

There are 3,027 listings available, which suggests you should have a reasonable amount of inventory to compare.

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, including the large touchscreen and advanced safety tech. The truck also fits a wide range of buyers because it offers broad configuration choice and strong capability for work or everyday use. The main trade-offs are pricing that can feel high and luxury features that may be more than some shoppers need. With 34.3% of listings marked as good or great deals, the market still offers some room to shop selectively.

Is the 2023 Ford F-150 reliable?

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

Owner feedback points to a truck that feels dependable, trouble-free, and easy to count on, especially for buyers who want a vehicle that can handle regular use with confidence. The expert review also describes the truck as structurally solid, with secure handling and a transmission that consistently chooses the right gear. Ford’s maintenance coverage can also help reduce early ownership friction when applicable. For used buyers, the main long-term risk is that higher-mileage trucks may reflect the strain of heavy towing, hauling, or hard use.

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 trims ranging from XL to Raptor. Base versions are work-focused, while higher trims add more comfort, appearance upgrades, and equipment.
• Powertrain: You can find multiple engine choices, including the twin-turbocharged 3.5-litre EcoBoost V6 in the test truck. It delivers strong acceleration, and the 10-speed automatic is described as smooth and well matched.
• Safety package: Ford Co-Pilot360 Assist 2.0 adds automatic high beams, 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, automatic reverse braking, adaptive cruise control with stop-and-go, lane-centring assist, evasive steering assist, intersection assist, and speed-sign recognition.
• Infotainment: Sync 4 includes a 12-inch touchscreen, wireless Apple CarPlay and Android Auto, over-the-air updates, voice recognition, SiriusXM 360L, and a 4G LTE Wi-Fi hotspot.
• 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, XLT, Lariat, King Ranch, Platinum, Limited, Tremor, Raptor.

Here's the short version:

• XL: This is the work-focused starting point, and it makes sense if you want the lowest entry price and plan to keep things simple.
• XLT: This is the best-value trim for most shoppers because it adds the key tech and convenience features that make the F-150 feel modern without pushing too far up the price ladder.
• Lariat: Choose this if you want a more upscale feel and the option to add more comfort-oriented equipment.
• King Ranch: This suits buyers who want a premium truck with a more distinctive personality and higher-end appointments.
• Platinum: Pick this if you want a luxury-leaning F-150 with a strong feature set and a more polished cabin.
• Limited: This is for shoppers who want the most upscale mainstream F-150 experience and are willing to pay for it.
• Tremor: This is the better choice if you want a more off-road-oriented setup without going all the way to the Raptor.
• Raptor: This is the performance-focused choice, with the most specialised off-road hardware and the highest-output character in the lineup.

Ford Co-Pilot360 Assist 2.0 is the safety package to look for, and it adds a broad set of standard driver-assistance features.

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

This is a moderate market for selective buyers, so it rewards patience and comparison shopping.

• Deal availability: 34.3% of listings are priced as good or great deals.
• Inventory: There are 3,027 listings available.
• Price trend: Prices have softened 9.11% compared with last year.

If you find a listing below $49,663 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 $49,663 CAD sits slightly below last year's $54,643 CAD.

That price movement suggests the market has already adjusted downward, which can make the truck more approachable for buyers today. For future sellers, it also means resale values may face pressure if supply stays healthy and shoppers continue to compare trims carefully. Strong demand for well-equipped trucks should still help support values, especially for examples with desirable equipment and clean histories.

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 beams, 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, automatic reverse braking, adaptive cruise control with stop-and-go, lane-centring assist, evasive steering assist, intersection assist, and speed-sign recognition. The review notes that lane-centring can be a bit assertive in some situations, so you may want to stay engaged rather than relying on it too heavily.

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:

• 34.3% of listings are priced as good or great deals.
• Price trend: Prices have softened 9.11% compared with last year.
• Owners rate it 4.9/5 — a strong satisfaction signal.
• The 2023 adds the Raptor R and XLT Heritage Edition, expanding both performance and value-focused choice.

Consider the 2024 if:

• At $54,900 CAD, the 2024 costs more than the current year's $49,663 CAD average.
• It adds an updated BlueCruise system.

The bottom line: If you want the better value today, the 2023 is the smarter starting point. If you are willing to pay more for the newer model and its updates, the 2024 is worth a look. Price-sensitive buyers should focus on the 2023, especially if they find a well-equipped example below the average.

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 F-150 stands out for towing, payload, technology, and safety, while the Silverado counters with easier-to-use tech and more cabin space. The Ford’s weaker fuel economy and rougher ride are worth weighing against the Silverado’s less engaging steering and styling.

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

These recommendations are based on CarGurus' proprietary market data from October 21, 2026, CarGurus experts' opinions, and generative AI.