Used 2023 Ford F-150 for SaleNationwide

How much does the 2023 Ford F-150 cost?

Prices have softened 9.93% compared to this time last year, making it a favourable time to shop this model year.

There are 3,034 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 4.9/5 user rating and an 8.0/10 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 usefulness for work, family, and recreation. On the trade-off side, pricing can feel high, and some luxury features may be more than you need.

With 34.6% 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.

The owner feedback points to a truck that feels powerful, smooth, and modern, with a reputation that supports confidence in day-to-day use. The expert evaluation also describes it as structurally solid and notes that the brakes are stout, which reinforces the sense that it is built to handle demanding work. Ford’s maintenance and ownership costs can still vary a lot by trim and equipment, so used buyers should pay close attention to how the truck was configured and maintained.

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 ranging from XL to Raptor. Base versions are more work-focused, while higher trims add more comfort and equipment. The XLT Heritage Edition brings two-tone paint, unique cloth seat inserts, and exclusive 75 Years interior details.
• Powertrain: You can find multiple engine choices, including the twin-turbocharged 3.5-litre EcoBoost V6 in the test truck. Ford also offers a performance-focused Raptor R with a supercharged 5.2-litre V8, plus other engine options across the range.
• 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, automatic reverse braking, adaptive cruise control with stop-and-go, lane-centring assist, evasive steering assist, intersection assist for left turns, and speed-sign recognition. Some features are package-dependent rather than universal.
• Infotainment: Sync 4 includes a 12-inch touchscreen, 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: The test truck was expected to return 12.1 L/100 km in combined driving, and 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, Tremor, Raptor, and Raptor R.

Here's the short version:

• XL: This is the work-focused starting point, and it makes sense if you want the lowest-cost path into the F-150 nameplate without paying for extra comfort or appearance features.
• XLT: This is the best-value trim for most shoppers because it adds the more desirable everyday tech, 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 are interested in the available adaptive damping suspension mentioned in the expert review.
• King Ranch: This trim is aimed at buyers who want a more premium cabin and a higher-end ownership experience.
• Platinum: This is for shoppers who want a luxury-leaning F-150 with more equipment and a higher price ceiling.
• Tremor: Pick this if you want a more rugged, off-road-oriented setup than the mainstream trims.
• Raptor: This is the performance-focused choice, with the most aggressive character in the regular lineup.
• Raptor R: This is the extreme performance model, highlighted by its supercharged 5.2-litre V8 and 37-inch all-terrain tyres.

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

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 with some leverage if you compare listings carefully.

• Deal availability: 34.6% of listings are priced as good or great deals.
• Inventory: There are 3,034 listings available.
• Price trend: Prices have softened 9.93% compared with last year.

If you find a listing below $49,083 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 $49,083 CAD sits slightly below last year's $54,495 CAD.

That softer pricing can help you buy more truck for the money today, but it also means future sellers may face a more competitive resale environment if prices continue to ease. If you buy at the right price and keep the truck in strong condition, you may be better positioned than someone who paid closer to the higher end of the range. Demand should remain supported by the model’s broad appeal and strong owner satisfaction.

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 earns high marks from the Insurance Institute for Highway Safety and five-star ratings from the National Highway Traffic Safety Administration, 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, automatic reverse braking, adaptive cruise control with stop-and-go, lane-centring assist, evasive steering assist, intersection assist for left turns, and speed-sign recognition. The test truck also had a surround-view camera, which is especially useful when parking.

The expert review notes that lane-centring can be a bit aggressive and occasionally indecisive, so you should test how it feels on your usual roads.

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:

• 34.6% of listings are priced as good or great deals.
• Price trend: Prices have softened 9.93% 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 performance and style choices.

Consider the 2024 if:

• At $54,386 CAD, the 2024 costs more than the current year's $49,083 CAD average.
• It adds an updated BlueCruise system.

The bottom line: The 2023 is the better pick if you want stronger value and more room to negotiate. If you are willing to pay more for a newer model with updated hands-free driving tech, the 2024 is the cleaner upgrade path.

These recommendations are based on CarGurus' proprietary market data from November 4, 2026, CarGurus experts' opinions, and generative AI.