New Ford Ranger for Sale nearTabusintac, NB

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 $36,763 CAD, and its lowest nationwide average price over the past year was $36,181 CAD. That puts the model in a fairly tight price band overall, with newer examples commanding a clear premium. 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 used-truck choice if you want capability, practicality, and everyday usability in one package. The all-generations owner rating is 4.3/5 across every model year in the data.

Owners consistently praise its strong performance, towing ability, and fuel economy, and many also like its spacious interiors and comfort. Across the model years, the Ranger also earns repeat praise for being versatile enough for daily driving and weekend use. Expert reviews add that the newest versions bring more power, a quieter cabin, and better handling, while the trade-offs tend to centre on interior quality, touchscreen response, and safety equipment availability on some trims.

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

The main trade-offs are the cabin materials in some years, slower infotainment response in the newest generation, and safety equipment that varies by trim. Even so, the Ranger remains appealing if you want a midsize pickup with real capability and broad appeal.

28.5% of listings are priced as good or great deals.

Are Ford Ranger models reliable?

Owners and experts consistently describe the Ford Ranger as a durable, capable pickup with strong towing ability and solid everyday usefulness. Across the model years, it also earns praise for its practical character, good fuel economy, and versatility for both work and family use.

• 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 manageable, but older examples deserve a careful inspection for wear, prior use, and age-related issues.

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 XL and XLT trims, with a 12-inch screen on 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 the lineup with standard 4WD and is the value-focused choice if you want the Ranger’s core capability at the lowest price.
• XLT: This trim adds the standard driver-assistance suite, making it the best-value pick for many shoppers who want more everyday convenience and safety equipment.
• Lariat: This trim adds 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: This trim adds the 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.

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, mileage, and price combination. They also often line up with the Ranger’s strongest mix of capability and value.

What is the Ford Ranger's resale value?

The table shows broad price softening across the Ranger lineup, which can work in your favour as a used buyer. Several model years have seen double-digit declines, while the newest model year has moved only slightly. That pattern suggests stronger value opportunities in the used market, especially if you are open to a recent model year.

The 2025 model year is holding steady, with prices close to flat year-over-year.

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 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 2025 model is at −0.66% versus a year ago, and the 2024 model is at −9.97%.
• Deal availability: The 2025 model has 30% good and great deals, and the 2024 model has 30.8%.
• Sweet-spot year: The 2020 model has the most listings at a current average price of $29,820 CAD. The Ford Ranger offers strong towing, useful payload, and a practical, 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, while fuel economy is listed at 11.9 litres per 100 kilometres city, 9.8 highway, and 11.0 combined for the base four-cylinder and 12.6 city, 10.2 highway, and 11.5 combined for the V6.
• Tech: The latest Ranger brings a 10-inch portrait touchscreen on XL and XLT trims, a 12-inch screen on other trims, Apple CarPlay, Android Auto, a 12.4-inch instrument panel, Pro Trailer Backup Assist, and 360-degree cameras.
• 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 trims.
• 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.

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 27, 2026, CarGurus experts' opinions, and generative AI.