Ford F-150 Pros and Cons of Buying New vs Buying Used
Ford F-150 Pros and Cons of Buying New vs Buying Used
Posted on December 3, 2019
Always "Built Ford Tough," the rugged and dependable Ford F-150 outsells all other pickup trucks year in and year out. Whether it's brand new, lightly used, or long in the tooth, the F-150 does it all and does it well. Here's a look at some of the pros and cons of owning a fresh from the factory, or a previously owned Ford F-150.
Initial Price
Most vehicles lose about ten percent of their value the minute they drive off the dealer's lot and as much as forty percent of their value in the first three years. As the world's most popular pickup truck, however, the Ford F-150 tends to hold its value better than the average vehicle. This puts a definite check in the plus column for buying new, but in a way, also checks the plus box on the used side, as well. Although used buyers will pay a little more upfront, they'll also get more if they eventually sell their F-150.
Cost To Own
Every vehicle's cost to own depends on its age, mileage, and condition. Thanks to legendary initial quality, most new Ford-150s rarely require more than regular routine maintenance during their first few years. While used buyers will also benefit from the exceptional level of quality that goes into every Ford F-150, they will incur a higher cost to own than new F-150 buyers. Second-hand owners are much more likely to bear the brunt of replacement costs for items like tires, brakes, and even windshield wipers. Ford's Bumper to Bumper 3-years or 60,000 km warranty on all parts means that new F-150 buyers also hold a significant edge when it comes to major repairs.
SYNC3 vs. SYNC Â
While Ford always leads the pack when it comes to innovation, the new F-150 offers more of, and a higher level of standard features than ever before. Every new F-150 comes standard with SYNC3 - Ford's exclusive infotainment system. Not that Ford's original SYNC system wasn't loaded with great features, SYNC3 offers even more ways to connect with and enjoy the F-150's entertainment system. Ford's SYNC3 Applink lets owners stream their favorite music apps like iHeartRadio and Pandora, navigate with the Waze app, and even control their supported Smart Home devices with Amazon Alexa, right from the SYNC3 colour touchscreen. When teamed up with the available FordPass App, SYNC3 lets owners enjoy the ability to start, stop, lock, and unlock their F-150 from just about anywhere. The FordPass app adds an in-vehicle Wi-Fi hotspot with the ability to handle up to ten devices.
Safety
In general, recent advances in active safety and driver-assist technologies continue to make all vehicles safer every year. Ford's new CoPilot 360 technology includes features like Autolamp (automatic lights on with wipers on), Pre-Collision Assist with Automatic Emergency Braking, Auto Start/Stop Engine Technology, Automatic High Beams, Pro Trailer Backup Assist, and Hill Descent Control.
Like most things in life, buying new vs. used comes down to budget, need, and taste. One thing for sure, though, whether it's factory-fresh or on its third set of tires, the rugged, dependable Ford F-150 remains the most popular pickup in the world.