New Ford Ranger for Sale nearEast York, 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 $37,408 CAD, and its nationwide average price reached a low of $36,221 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 is a strong choice if you want a capable pickup with broad appeal across model years.

The all-generations owner rating is 4.3/5 across every model year in the data.

Owners consistently praise its strong performance, towing capability, and fuel economy, along with its comfortable ride and spacious cabin. Across the model range, shoppers also tend to value its practical, versatile character and its ability to handle both daily driving and weekend use.

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

The main trade-offs called out in expert reviews are the cabin materials, the touchscreen response, and the way advanced safety features are handled on some years and trims.

28.2% of listings are priced as good or great deals.

Are Ford Ranger models reliable?

Owners consistently describe the Ford Ranger as a dependable, versatile truck with strong performance and useful capability. Across the model years, feedback also points to good fuel economy, comfortable driving manners, and a practical overall character.

• Owners rate the Ford Ranger between 4 and 5 out of 5 stars across all model years in the data.

For used buyers, long-term ownership risk is generally shaped more by the condition of the specific truck than by the nameplate itself, so a careful inspection and service-history review matter most.

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

Key things to evaluate:

• Safety package: Ford Co-Pilot 360 on the 2024 Ranger XLT and above, 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 2024 XL and XLT in Canada, with a 12-inch screen on all other trims, plus Apple CarPlay and Android Auto.
• Fuel efficiency: 11.9 litres per 100 kilometres in the city, 9.8 on the highway, and 11.0 combined with the base four-cylinder; 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 if you want the truck’s fundamentals at the lowest price.
• XLT: This is the best-value trim for many shoppers, adding the equipment balance most buyers will want, including the safety suite and the 10-inch portrait touchscreen.
• Lariat: This trim adds a more upscale feel with push-button start, a wider 12.4-inch instrument panel, automatic parking, Pro Trailer Backup Assist, a 10-speaker Bang & Olufsen stereo, and 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.

Higher-volume model years usually give you more choice on trim, mileage, and condition, which makes it easier to compare listings and find a truck that fits your budget. They also tend to be the years shoppers cross-shop most often, so pricing and deal activity are usually more visible.

What is the Ford Ranger's resale value?

Most Ranger model years are showing lower prices than they were a year ago, which is good news if you are shopping used. The biggest drops are concentrated in the older and mid-cycle years, while the newest models are changing by smaller amounts.

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’s XLT and higher 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 2025 model is at −2.13% versus a year ago, and the 2024 model is at −12.67%.
• Deal availability: The 2025 model has 22.7% 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 $29,982 CAD. The Ford Ranger offers strong capability, practical towing and hauling, and a versatile character that suits both work and everyday driving.

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 XL and XLT, a 12-inch screen on other trims, Apple CarPlay, Android Auto, and a 12.4-inch instrument panel on Lariat.
• Safety: The latest Ranger adds Ford Co-Pilot 360 on XLT and above, with forward and reverse emergency braking, blind-spot monitoring with trailer coverage, front cross-traffic braking, and evasive steering assist.
• Starting price: The 2024 Ford Ranger starts at $44,165 CAD.

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.

How does the 2020 Ford Ranger compare to the 2020 Chevrolet Colorado?

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

These recommendations are based on CarGurus' proprietary market data from October 21, 2026, CarGurus experts' opinions, and generative AI.