Used 2023 Ford Ranger for Sale nearRichmond Hill, ON

How much does the 2023 Ford Ranger cost?

Prices have softened 4.09% compared to this time last year, making it a favourable time to shop this model year.

There are 109 listings available, which suggests a modest amount of inventory for shoppers to compare.

Is the 2023 Ford Ranger a good car?

Yes — 4.5/5 is a strong user rating for this model year. The Ranger’s appeal comes from being a straightforward, capable midsize pickup with a strong work ethic, plus the highest payload capacity of any midsize truck while it was on the market. It also brings a very competitive 3,400-kilogram maximum towing capacity when properly equipped, along with decent fuel economy for the segment and available safety equipment that can make daily use easier. With 28.4% of listings marked as good or great deals, you have a reasonable chance of finding a competitive price.

Is the 2023 Ford Ranger reliable?

Owners rate it 4.5/5, a strong signal of long-term satisfaction.

The Ranger is presented as a durable, mechanically capable pickup with a simple formula that prioritises work-ready strength over flash. Its straightforward setup, capable towing and payload credentials, and available safety features all support the case for dependable everyday use. For used buyers, the main long-term ownership risk is paying too much for a truck that is still expensive on the market.

Is now a good time to buy a used 2023 Ford Ranger?

This looks like a moderate, selective buyer’s market, so you can shop carefully without expecting deep discounts everywhere.

• Deal availability: 28.4% of listings are priced as good or great deals.
• Inventory: There are 109 listings available.
• Price trend: Prices have softened 4.09% compared with last year.

If you find a listing below $39,108 CAD, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2023 Ford Ranger's resale value?

The current average of $40,436 CAD sits slightly below last year's $42,158 CAD.

That softer pricing can help you buy more confidently now, but it also means future resale values may be shaped by a market that has already cooled. If you sell later, the Ranger’s value will likely depend on how well it holds buyer interest against newer alternatives and how cleanly equipped your truck is. Strong demand for capable midsize pickups should still support resale, especially for well-kept examples.

Vehicles with strong owner satisfaction ratings, like this model year's 4.5/5, tend to retain buyer demand, which supports resale value over time.

Should I buy a 2023 Ford Ranger 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:

• 28.4% of listings are priced as good or great deals.
• Price trend: Prices have softened 4.09% compared with last year.
• Owners rate it 4.5/5 — a strong satisfaction signal.

Consider the 2024 if:

• At $47,507 CAD, the 2024 costs more than the current year's $40,436 CAD average.
• It brings more power, tech, refinement, space, and choice.

The bottom line: Choose the 2023 if you want a simpler, more affordable Ranger with strong capability and a softer used price. If you want the newer truck’s broader feature set and can stretch your budget, the 2024 is the better upgrade path; if price matters most, the 2023 remains the smarter buy.

How does the 2023 Ford Ranger compare to the 2023 Chevrolet Colorado?

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.