Used Ford Ranger for Sale near Red Rock, 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 $38,758 CAD, and its nationwide average price reached a low of $36,317 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 pickup choice if you want capability, everyday usability, 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, spacious interiors, and comfort. Expert reviews also point to a mix of capability and refinement, with quiet cabins and good handling standing out in newer years.

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

The main trade-offs are interior materials that feel less polished in recent years, slower touchscreen response, and safety equipment that is more complete on higher trims than on the base model.

29.5% of listings are priced as good or great deals.

Are Ford Ranger models reliable?

Owners and experts consistently describe the Ford Ranger as a capable, versatile truck with strong performance and useful everyday manners. Across the model years in the data, it earns praise for towing ability, fuel economy, comfort, and a durable work-truck character.

• 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 best managed by choosing a well-kept example with a clear service history and checking that the truck’s equipment and condition match how you plan to use it.

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

Key things to evaluate:

• Safety package: Ford Co-Pilot 360 on the 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 on the XL and XLT in Canada, with Apple CarPlay and Android Auto.
• 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.
• Lariat: This trim adds a more upscale feel with push-button start, parking assistance, Pro Trailer Backup Assist, a 12.4-inch instrument panel, a 10-speaker Bang & Olufsen stereo, and 360-degree cameras.
• Raptor: This is the off-road-focused trim, with a twin-turbo 3.0-litre V6, 2.5-inch Fox shocks, 27-centimetre ground clearance, and front and rear locking differentials.

What Ford Ranger do most buyers choose?

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

These higher-volume years tend to be the most popular used picks because they give you more inventory to compare, which can make it easier to find the right trim, price, and condition. They also tend to attract shoppers looking for a balance of newer features and broader availability.

What is the Ford Ranger's resale value?

Most Ranger model years are down year over year, which is helpful if you are shopping used and want to stretch your budget further. The declines are fairly broad across the lineup, with newer examples still carrying higher absolute prices even as they soften from a year ago.

The 2024, 2023, and 2020 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 have standard 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 −8.47% versus a year ago, and the 2023 model is at −8.88%.
• Deal availability: The 2024 model has 30.1% good and great deals, and the 2023 model has 31.1%.
• Sweet-spot year: The 2020 model has the most listings at a current average price of $30,631 CAD. The Ford Ranger offers strong towing ability, useful everyday versatility, and a comfortable, quiet driving experience.

Consider waiting if:

• Powertrain/efficiency: The latest Ranger offers a 2.3-litre turbo inline-four with 270 horsepower and 310 pound-feet, a 2.7-litre twin-turbo V6 with 315 hp and 400 lb-ft, and a 3.0-litre V6 with 405 hp and 430 lb-ft.
• Tech: The latest Ranger brings a 10-inch portrait touchscreen on the XL and XLT in Canada, a 12-inch screen on all other trims, Apple CarPlay, Android Auto, and a 12.4-inch instrument panel on Lariat.
• Safety: The latest Ranger adds standard forward and reverse emergency braking, auto high beams, blind-spot monitoring with trailer coverage, front cross-traffic braking, and evasive steering assist on XLT and above.
• 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 22, 2026, CarGurus experts' opinions, and generative AI.