Used Ford Ranger for Sale nearElliot Lake, ON

How much does the Ford Ranger cost in today's market?

Used Ford Ranger prices span a wide range depending on model year. Here's what the market looks like right now:

The Ford Ranger's current nationwide average price is $38,332 CAD, and its nationwide average price reached a low of $36,314 CAD over the past year. Recently, prices have come down for the 2022, 2023, and 2024 models, making now a good time to shop recent model years.

Is the Ford Ranger a good car?

Yes — the Ford Ranger is a strong used-truck choice if you want capability, versatility, and broad owner approval. The all-generations owner rating is 4.31/5 across every model year in the data.

Owners consistently praise its strong performance, towing ability, fuel economy, and comfortable, spacious cabin. Across the newer expert-tested years, the Ranger also stands out for its quiet ride and confident handling, while the main trade-offs are interior materials, touchscreen speed, and the way safety equipment is packaged.

Expert reviews rate the 2020 and 2024 models among the highest across all years.

The honest trade-offs are the cabin materials, the slower infotainment response in newer models, and the fact that advanced safety features are not standard on every trim.

25.5% of listings are priced as good or great deals.

Are Ford Ranger models reliable?

Owners and experts consistently describe the Ford Ranger as a durable, capable truck with strong everyday usefulness and broad appeal. The model’s long-running reputation is built around solid performance, practical utility, and a straightforward ownership experience that many shoppers value.

• Owners rate the Ford Ranger between 4.0 and 5.0 out of 5 stars across all model years in the data.

For used buyers, long-term ownership risk is generally tied more to condition, maintenance history, and trim complexity than to the Ranger nameplate itself.

What should I look for when buying a used Ford Ranger?

Key things to evaluate:

• Safety package: Ford Co-Pilot 360 on XLT and above trims, with forward and reverse emergency braking, auto high beams, blind-spot monitoring with trailer coverage, front cross-traffic braking, and evasive steering assist.
• Infotainment: A 10-inch portrait touchscreen with Apple CarPlay and Android Auto on XL and XLT, plus a 12-inch screen on other trims.
• Fuel efficiency: Fuel economy is decent at a Natural Resources Canada-estimated 11.9 litres per 100 kilometres in the city, 9.8 on the highway, and 11.0 combined with the base four-cylinder and 12.6 L/100 km city, 10.2 highway, and 11.5 combined with the V6.

Which Ford Ranger trim should I buy?

The 2024 Ford Ranger offers these trims:

• XL: The entry trim starts with standard 4WD and gives you the Ranger’s core capability at the lowest price point.
• XLT: This is the best-value trim for many shoppers, adding the safety suite, more equipment, and the option to build in useful upgrades like the XLT High Equipment Group and FX4 Off-Road package.
• Lariat: This trim adds a more upscale feel with push-button start, automatic parking, Pro Trailer Backup Assist, a 12.4-inch instrument panel, and standard 10-speaker Bang & Olufsen audio plus 360-degree cameras.
• Raptor: The performance-focused trim adds the twin-turbo 3.0-litre V6, 2.5-inch Fox shocks, 27-centimetre ground clearance, and front and rear locking differentials for serious off-road use.

What Ford Ranger do most buyers choose?

The Ford Ranger years with the most listings are 2020, 2021, and 2024.

These higher-volume years tend to draw more shoppers because they give you more inventory to compare and more chances to find the right trim, mileage, and price combination. They also tend to be the years where used-truck buyers can balance newer features with broader availability.

What is the Ford Ranger's resale value?

The Ranger’s used prices are moving lower across every model year shown, which is good news if you’re shopping for value. The declines are all double-digit except for one year, so there’s meaningful room for buyers to find better pricing than a year ago. The smallest drops are still notable, which suggests the Ranger continues to attract steady demand even as prices soften.

The 2023, 2020, and 2024 model years have held their value best, with the smallest year-over-year price changes.

Is the Ford Ranger safe?

• 2024: 6/10
• 2020: 7/10
• 2019: 5/10

The 2024 Ranger’s XLT and above trims include Ford Co-Pilot 360 with forward and reverse emergency braking, auto high beams, blind-spot monitoring with trailer coverage, front cross-traffic braking, and evasive steering assist.

For the safest used buy, the 2020 model posts the highest confirmed score of 7/10.

Should I buy a used Ford Ranger now or wait for the next model?

Buy now if:

• Price trend: The 2024 model is at −11.34% versus a year ago, and the 2023 model is at −8.75%.
• Deal availability: The 2024 model has 26.7% good and great deals, and the 2023 model has 30.3%.
• Sweet-spot year: The 2020 model has the most listings at a current average price of $30,708 CAD. The Ford Ranger offers strong towing, useful payload, and a quiet, comfortable driving character that makes it easy to live with every day.

Consider waiting if:

• Powertrain/efficiency: The standard 2.3-litre turbo inline-four and 10-speed automatic make 270 horsepower and 310 pound-feet, while the 2.7-litre twin-turbo V6 makes 315 hp and 400 lb-ft.
• Tech: A 10-inch portrait touchscreen is standard on the XL and XLT in Canada, a 12-inch screen comes on all other trims, and Apple CarPlay and Android Auto are thoughtfully resized to take up most of the display.
• Safety: Ford Co-Pilot 360 is standard on XLT and above trims, with forward and reverse emergency braking, auto high beams, blind-spot monitoring with trailer coverage, front cross-traffic braking, and evasive steering assist.
• Starting price: In Canada, the 2024 Ford Ranger starts at $44,165 CAD for the XL with standard 4WD, including destination.

If you're buying used today, the 2020 model year offers the best mix of value and availability. If you want the latest tech and features, it may be worth waiting for the next model year's inventory to build up.

These recommendations are based on CarGurus' proprietary market data from September 29, 2026, CarGurus experts' opinions, and generative AI.