New Ford F-150 for Sale near Loretto, ON

How much does the Ford F-150 cost in today's market?

Used Ford F-150 prices span a wide range depending on model year. Here's what the market looks like right now:

The Ford F-150's current nationwide average price is $43,464 CAD, and its lowest point over the past year was $40,898 CAD. That gives you a useful snapshot of where pricing sits for this model right now. Recently, prices have come down for the 2023, 2024, and 2025 models, making now a good time to shop recent model years.

Is the Ford F-150 a good car?

Yes — the Ford F-150 is a strong used-truck choice if you want broad capability, lots of configuration choice, and a long-running reputation for versatility. The all-generations owner rating is 4.5/5 across every model year in the data.

Owners consistently praise its powerful performance, spacious interiors, and wide range of engine choices. They also frequently highlight its modern features, smooth ride, and overall versatility, especially across the EcoBoost and V8-powered versions.

Expert reviews rate the 2016 and 2020 models among the highest across all years.

The main trade-offs across recent expert-tested years centre on fuel economy, ride quality in some configurations, and interior materials that can feel less polished than the truck’s pricing suggests. Even so, the F-150 remains a compelling used buy because it combines capability, technology, and trim variety in a way few rivals match.

31.6% of listings are priced as good or great deals.

Are Ford F-150 models reliable?

Owners and experts consistently point to strong performance, broad versatility, and a comfortable driving experience as core strengths of the Ford F-150. Across the model years in the data, buyers also repeatedly praise its spacious cabin, useful equipment, and wide range of powertrain choices.

• Owners rate the Ford F-150 between 4.4 and 5 out of 5 stars across all model years in the data.

For used buyers, long-term ownership risk is best managed by checking maintenance history carefully and paying close attention to condition, especially on higher-mileage trucks.

What should I look for when buying a used Ford F-150?

Key things to evaluate:

• Fuel efficiency: The latest expert-tested F-150 is rated at 14.8 L/100 km city, 10.4 highway, and 12.8 combined, while the hybrid’s city fuel economy is 11.3 litres per 100 kilometres.
• Infotainment: A 12-inch touchscreen with Sync 4 software and wireless Apple CarPlay and Android Auto are standard.
• Safety package: Standard on all F-150 trims are high-beam assist, blind-spot monitoring with rear cross-traffic alert, forward automatic emergency braking with intersection assist and pedestrian detection, evasive steering assist, lane keep assist, a driver attention monitor, rear parking sensors, and rear emergency braking.

Which Ford F-150 trim should I buy?

The 2026 Ford F-150 offers these trims:

• XL: The entry point, with the 2.7-litre turbo V6, standard rear-wheel drive, and the 12-inch touchscreen with Sync 4 and wireless Apple CarPlay and Android Auto. It suits buyers who want the F-150’s core capability and tech at the lowest starting point.
• STX: Adds to the XL formula while keeping the standard 2.7-litre turbo V6 and rear-wheel drive, making it a sensible step up for shoppers who want more equipment without moving far up the range.
• XLT: Brings the same standard 2.7-litre turbo V6 and rear-wheel drive, plus it can be paired with BlueCruise as an option. It is a strong value choice for buyers who want a more rounded daily driver.
• Lariat: Adds the 3.5-litre twin-turbo V6, which the expert review calls the best all-rounder, along with more upscale equipment and available BlueCruise. This is the best-value trim for many shoppers who want a strong mix of power and comfort.
• King Ranch: Adds the 3.5-litre twin-turbo V6, premium interior touches, wraparound LED headlights, and a standard power tailgate. It suits buyers who want a more distinctive, upscale truck.
• Platinum: Adds the 3.5-litre twin-turbo V6, darkened exterior trim, wraparound LED headlights, and a more premium cabin presentation. It is aimed at shoppers who want a high-end feel with broad capability.
• Tremor: Adds four-wheel drive with low range as standard, along with the 3.5-litre twin-turbo V6 and BlueCruise availability. It is the trim to consider if you want more off-road hardware built in.
• Raptor: Adds the 3.5-litre V6 with 450 hp and 510 lb-ft, lifted and widened bodywork, racing suspension, and transfer-case strengthening. It is the performance off-road model for buyers who want the most extreme hardware.

What Ford F-150 do most buyers choose?

The Ford F-150 years with the most listings are 2023, 2024, and 2022.

These higher-volume years tend to be popular because they give you more listings to compare, which can make it easier to find the right mileage, colour, trim, and price. They also tend to offer a strong mix of newer features and broad availability, which helps keep shopping flexible.

What is the Ford F-150's resale value?

Most model years in the table are down year over year, and several recent ones show double-digit drops. That pattern is helpful if you are shopping used, because it means newer F-150s have become meaningfully more affordable than they were a year ago. The steepest declines are concentrated in the newer model years, while older examples show smaller changes.

The 2014, 2017, and 2015 model years have held their value best, with the smallest year-over-year price changes.

Is the Ford F-150 safe?

• 2026: 6/10
• 2025: 9/10
• 2024: 8/10
• 2023: 8/10
• 2021: 7/10
• 2020: 8/10
• 2018: 8/10
• 2016: 9/10

Standard on all F-150 trims are high-beam assist, blind-spot monitoring with rear cross-traffic alert, forward automatic emergency braking with intersection assist and pedestrian detection, evasive steering assist, lane keep assist, a driver attention monitor, rear parking sensors, and rear emergency braking.

For the safest used buy, the 2016 and 2025 models both post the highest confirmed score of 9/10.

Should I buy a used Ford F-150 now or wait for the next model?

Buy now if:

• Price trend: The 2025 model is at −23.4% versus a year ago, and the 2024 model is at −10.42%.
• Deal availability: The 2025 model has 35.4% good and great deals, and the 2024 model has 37.3%.
• Sweet-spot year: The 2023 model has the most listings at a current average price of $49,333 CAD. The Ford F-150 offers broad configuration choice, strong capability, and a long-running reputation for versatility.

Consider waiting if:

• Powertrain/efficiency: The latest expert-tested F-150 pairs a 2.7-litre turbo V6 with 325 horsepower and 400 pound-feet of torque, while the 3.5-litre twin-turbo V6 delivers 400 hp and 500 lb-ft.
• Tech: A 12-inch touchscreen with Sync 4 software and wireless Apple CarPlay and Android Auto are standard, and BlueCruise is available on XLT, Lariat, Tremor, King Ranch, and Platinum.
• Safety: Standard on all F-150 trims are high-beam assist, blind-spot monitoring with rear cross-traffic alert, forward automatic emergency braking with intersection assist and pedestrian detection, evasive steering assist, lane keep assist, a driver attention monitor, rear parking sensors, and rear emergency braking.
• Starting price: The F-150 starts in Canada at $55,385 CAD for the XL with the regular cab.

If you're buying used today, the 2023 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.

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 and payload strength, plus its technology and safety reputation. The Silverado counters with easier-to-use tech, strong engine choices, and more cabin space, while its ride and steering are described less favourably.

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

These recommendations are based on CarGurus' proprietary market data from October 27, 2026, CarGurus experts' opinions, and generative AI.