New Ford Ranger for Sale near Cutler, 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 $38,329 CAD, and its nationwide average price reached a low of $36,362 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, 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 capability, fuel economy, spacious interiors, and comfort. Expert reviews also point to a quiet cabin, great handling, and multiple powertrain options as recurring strengths.

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

The main trade-offs across recent expert-tested years centre on interior materials, touchscreen response, and the way advanced safety features are packaged.

27.4% of listings are priced as good or great deals.

Are Ford Ranger models reliable?

Owners and experts consistently describe the Ranger as a capable, versatile truck with strong performance and useful everyday manners. Across the model years in the data, you also see repeated praise for towing ability, fuel economy, and comfortable driving.

• 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 and checking that its 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:

• 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: A strong value choice that adds the XLT High Equipment Group, Chrome Appearance, and FX4 Off-Road packages in the tested example, making it the best-value trim for shoppers who want more equipment and extra capability.
• Lariat: This trim adds push-button start, automatic parallel and perpendicular parking, Pro Trailer Backup Assist, a wider 12.4-inch instrument panel, a 10-speaker Bang & Olufsen stereo, and 360-degree cameras.
• Raptor: The performance-focused trim brings 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 be popular because they give you more inventory to compare, which can make it easier to find the right trim, colour, and condition. They also often sit in the sweet spot between newer features and more accessible pricing.

What is the Ford Ranger's resale value?

Most Ranger model years are down year over year, which creates better opportunities for used buyers. The newer models are still commanding higher prices, but the table shows meaningful softening across the lineup rather than stable or rising values.

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 higher trims include 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 −7.21% versus a year ago, and the 2023 model is at −7.99%.
• Deal availability: The 2024 model has 30.4% 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 $30,656 CAD. The Ford Ranger offers strong capability, useful everyday versatility, and a comfortable driving experience.

Consider waiting if:

• Powertrain/efficiency: The standard 2.3-litre turbo inline-four and 10-speed automatic transmission 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, and a 12-inch comes on all other trims.
• Safety: The base XL trim does not come with any driver assists, but the 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.
• Starting price: In Canada, the 2024 Ford Ranger starts at $44,165 CAD for the XL with standard 4WD, including the $2,195 destination charge.

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 15, 2026, CarGurus experts' opinions, and generative AI.