Value The F-150 Retains Over a Few Year Period
The new Ford F-150 has a lot to offer, we’ve said many times that it is more powerful and efficient thanks to its innovative aluminum body. One aspect we didn’t see coming is that it retains its value even better than the 2014 model does. The increased value is nearly 12% when you look at how much of its value the F-150 retains over a few year period.
Current models of the Chevy Silverado and Ram 1500 retain 51 percent and 46 percent of their original sales price value after three years, respectively. Comparatively, the 2015 Ford F-150 will retain 58 percent of its sale price value after three years.
This will also translate over to trade ins. So drivers that like to keep their F-150 current will be able to get a higher trade in value and not only save a little on their initial down payment and can even reduce their monthly payments.
It also turns out that the cost of ownership has also dropped to a point where it is the best offer in the long term. Some drivers may be hesitant, due to beliefs that aluminum body work is more expensive. However, Ford is making it possible for Ford dealerships with body shops to do the work at a price similar. By making training easily accessible, even offering to pay for the training of one technician per dealership, they have made it easier for dealerships to offer the service at a lower price.
Body work will also need to occur less often, thanks to the more durable body that the aluminum build provides. It will also last longer for drivers that don’t plan to trade their vehicles in and want to run them until they can roll no further. Either way, it would seem that the benefits of an aluminum body are mounting. If you have questions about service work or the new Ford F-150, feel free to contact us at Brandon Ford.