Ford F-150 Resale Value Gets an EcoBoost
Improved Fuel Economy Should Bring Used-Market Money
According to automotive financial experts, resale values for the 2015 Ford F-150 are forecasted to be up 11.5 percent over last year’s model, thanks in large part to the new truck’s improved fuel efficiency.
Residual-value experts at ALG didn’t see the Ford’s aluminum construction as a liability, as predicted by many consumers and industry experts. Although aluminum is more costly to repair than steel, analysts didn’t penalize the truck for it since the material has been used on Jaguar cars to great effect for many years.
Speaking to Bloomberg, ALG Vice President Eric Lyman said that whatever penalty the aluminum construction might have incurred during analysis was paid back in terms of increased fuel efficiency, which is up by about 14 percent relative to a comparably equipped 2014 F-150.
Truck Trend came to many of those same conclusions in our Pickup Truck of the Year testing. Although the aluminum construction was something of a novelty at first, we appreciated the nimble over-the-road feel our F-150 tester had. Additionally, with less weight to carry, the F-150 was a rocket in all of our acceleration testing.
Bloomberg reports that while the 2015 F-150’s resale value should sit at 58 percent after three years (up from 52 percent for the 2014), it’s still outgunned by the segment-leading Toyota Tundra, which retains 63 percent of its original value after three years. Domestic rivals GMC Sierra and Chevrolet Silverado will bring 51 percent of their original value, while Ram 1500s retain 46 percent of their original value. At the bottom end, the outdated Nissan Titan will net its owner 42 percent.
In a related bit of news, Ford Motor Company Truck Communications Manager Mike Levine confirmed via Twitter that the 2015 F-150’s production rollout will be completed in the second quarter of 2015, with the Ford Kansas City Assembly Plant joining the Dearborn Truck Plant in building the new pickup.
Source: Bloomberg, Twitter