5point

I would check Idaho, they seem to be able to give the best deals.

thrifty biil

My experience is similar. You really need to go older to get the significant drop in pricing. I bought my 2010 Lariat in 2015, so it was 5 years old. It only had 12,000 miles on it (85 year old owner), but the age of the truck really drops the value. One or two years old, then a new one is going to be close depending on the deals at the time. New gives you max warranty coverage, hopefully you can get exactly what you want, etc.

Of course, this is on a private party sale. From the dealer, the numbers would have been different, as they have access to customers, financing, accept trade ins, etc. I'm kind of surprised a dealer didn't buy my truck before I got it.

I always look at used in terms as the depreciation cost per mile for the prior owner versus my depreciation per mile. In my case, the first owner lost over $2 per mile in depreciation, a pretty big hit. I've put over 100K more miles on it, I estimate my depreciation to be under $0.10 per mile. My goal is to avoid the heavy/early depreciation hit.

Now 5 years old with just 12,000 miles is very unusual, but I have bought five years old with 40,000 to 50,000 miles in the past. You just don't get the latest and greatest.

jcb206

I second this! Times 10 of course!

I bought a 2015 Lariat with every option except the tow mirrors. I’ll just add it later, right? The optioned our tow mirrors are $1300!! Even though they cost less than $300 from the factory. I still don’t have them. Just way to over priced. One of those idiotic decisions by Ford.

Just get get a truck with them. It’s cheaper to add adaptive cruise control. This is one item that you don’t want to settle on. JMO

I need to find someone that has them and wants to swap for $300. Haha

blkZ28spt

Yes.

I've been digging through used trucks here recently for a little while, and the 0% on a new truck when you get to a bottom line is just too good for a brand new vehicle vs something a couple years old with a good history and relatively low miles. I mean if you wanted say a '17 right now with 40k you might get a decent deal...but not really if it's a Lariat or above they seem to still want a lot of money, I'd rather just get a brand new 302a and not even have to spend more

Somebody said it above but if one really wants to do well with letting somebody else take the depreciation hit, without driving outdated and worn out ****, a 4-5 year old vehicle is a good spot to really save money and still get something that doesn't feel old the day you get it

Especially something like a 2015 F150 right now where it's the same gen as the new stuff.

2019STX

I sold cars years ago and understand why many prefer to buy a 3 year old car vs a new one but if you shop around you can get a deal on a new truck for just a little more than buying used. Back in 2007, I purchased a two year old "program car" that I later found out that had been in two wrecks (yet it showed a clean Carfax at purchase). How many floods have we had in the past few years? I imagine some of these flood vehicles have been through several auctions and had the titles "washed" from a salvage title to a clean title..... The only way I would ever buy used again would be a one owner, with service records available and I would have to be standing there talking to the owner not hearing it from a dealer. Another reason to buy new, dealers offer as low as 0 percent financing vs higher financing on used older trucks. There are still many left over new 2018's on the lots with discounts over 15K....

If you are flexible and will take one off the dealer's lot, that usually gets you a much better deal than ordering or transferring but I had specific options I wanted that the dealer didn't have or couldn't find. I was paying cash and wanting to keep my payload as high as possible and my cost as low as possible. I didn't need a 4x4 or HDPP, BLIS, so I ordered a 2019 4x2 F-150 Screw STX with 3.5 Eco, 3.55 e-lock, max tow pkg with 36 gal tank, reverse sensors, tailgate step, Sync3, 110/400w outlet, sprayin bed liner, the big tow mirrors with LED, black running boards, box link for an out the door price of just over 39K. I ended up with a 1792 payload which suits my needs. My deal included tax, tag, and the dealer offered a free 100K engine and drivetrain warranty. I made my deal back in March and would think there are better deals offered now. Why buy used when you can have a good factory warranty + dealer supplied 100K warranty? Your question what is a "good deal on a F150" will get you many answers.... do your homework and you decide what is a good deal for you.

slomaro34

I'd be lying if I said I had zero regrets going with a used truck, but I'd probably do it again. I thought I got a pretty solid deal on my 2015 XLT at ~$23k, but I did end up having to replace pretty much all of the front end 4wd related parts and now maybe a new BCM. I'm lucky that I have experience working on cars, but it would have been better to do more research on surfacing problems on F150s specifically. In all fairness I'm probably still > 10k under what the truck would have cost new, but it's got miles. Finding a "good deal" can definitely be tricky.