New Ford Ranger for Sale nearDrayton Valley, AB

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 $37,593 CAD, and its nationwide average price reached a low of $36,178 CAD over the past year. 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 Ranger a good car?

Yes — the Ford Ranger has a strong all-generations owner rating and a reputation for capability, practicality, and everyday versatility. The all-generations owner rating is 4.31/5 across every model year in the data.

Owners consistently praise its strong performance, towing ability, and fuel economy, along with comfortable cabins and useful space for daily driving and weekend use. Across the model years, shoppers also tend to value its rugged character and broad usefulness as a truck that can handle work and recreation.

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

The main trade-offs in recent expert reviews centre on interior materials, touchscreen response, and the way some safety equipment is packaged across trims.

30.0% 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. The model’s long-running appeal comes from its practical design, solid towing ability, and broad usefulness across work and family duties.

• 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 manageable, especially if you choose a well-kept example and review service history carefully.

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 on the XL and XLT in Canada, with a 12-inch screen on all other trims, plus Apple CarPlay and Android Auto.
• Fuel efficiency: 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 the core Ranger capability, making it the value-focused choice for buyers who want the truck’s fundamentals.
• XLT: Adds the XLT equipment group and is the best-value trim for many shoppers, especially if you want the broader safety and convenience features that come with the higher trim structure.
• Lariat: Adds a more upscale cabin feel, push-button start, automatic parallel and perpendicular parking, Pro Trailer Backup Assist, a 12.4-inch instrument panel, a 10-speaker Bang & Olufsen stereo, and 360-degree cameras.
• Raptor: Adds the twin-turbo 3.0-litre V6, 2.5-inch Fox shocks, 27-centimetre ground clearance, and front and rear locking differentials for buyers who want the most serious off-road hardware.

What Ford Ranger do most buyers choose?

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

Higher-listing model years usually draw the most attention because they give you more inventory to compare and more chances to find the right trim, mileage, and price. They also tend to be the easiest years to shop if you want a balance of selection and deal availability.

What is the Ford Ranger's resale value?

Most Ranger model years are down year over year, and several have seen double-digit declines. That creates better opportunities for used buyers, especially if you are shopping recent model years that have softened meaningfully from a year ago. The smallest changes are concentrated in the newest model years, which have held closer to their prior pricing.

The 2025, 2023, and 2022 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 includes 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.

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 2025 model is at −2.59% versus a year ago, and the 2024 model is at −13.13%.
• Deal availability: The 2025 model has 21.5% good and great deals, and the 2024 model has 24.4%.
• Sweet-spot year: The 2020 model has the most listings at a current average price of $30,070 CAD. The Ford Ranger offers strong capability and a practical, truck-first character that suits both work and everyday use.

Consider waiting if:

• Powertrain/efficiency: The latest Ranger offers a standard 2.3-litre turbo inline-four with 270 horsepower and 310 pound-feet, an optional 2.7-litre twin-turbo V6 with 315 hp and 400 lb-ft, and a 3.0-litre V6 in the Raptor with 405 hp and 430 lb-ft.
• Tech: The latest Ranger brings a 10-inch portrait touchscreen on 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 October 20, 2026, CarGurus experts' opinions, and generative AI.