Ford ranger: is its premium price justified?
What To Know
- By considering the factors discussed in this article, you can make an informed decision about whether or not the Ford Ranger is the right truck for you.
- The Ford Ranger is a good value for money because it offers a lot of features and capabilities for a relatively low price.
- The average annual repair cost for a Ford Ranger is $765, which is less than the average annual repair cost for a Chevrolet Colorado ($894) or a Toyota Tacoma ($868).
The Ford Ranger is a popular midsize pickup truck that has been on the market for decades. It is known for its ruggedness, versatility, and affordability. But is the Ford Ranger expensive? The answer depends on a number of factors, including the trim level, options, and your individual needs.
Factors Affecting the Cost of a Ford Ranger
Trim Level
The Ford Ranger is available in four trim levels: XL, XLT, Lariat, and Tremor. The XL is the base trim level and comes with basic features such as air conditioning, cruise control, and a four-speaker sound system. The XLT adds features such as power windows and locks, a six-speaker sound system, and a rearview camera. The Lariat adds even more features, including leather seats, heated front seats, and a sunroof. The Tremor is the top trim level and comes with off-road features such as a lifted suspension, all-terrain tires, and skid plates.
Options
In addition to the trim level, you can also add options to your Ford Ranger. These options can include things like a navigation system, a sunroof, and a bedliner. The cost of these options will vary depending on the specific option you choose.
Your Individual Needs
The cost of a Ford Ranger will also depend on your individual needs. If you need a basic truck for work or recreation, then the XL trim level may be sufficient. However, if you need a truck with more features or off-road capabilities, then you may need to opt for a higher trim level or add options.
Is the Ford Ranger Expensive Compared to Other Midsize Trucks?
The Ford Ranger is priced competitively with other midsize trucks. The base price of the XL trim level is $27,890. This is comparable to the base price of the Chevrolet Colorado ($26,995) and the Toyota Tacoma ($27,150).
What Is the True Cost of Ownership?
The purchase price of a Ford Ranger is just one part of the total cost of ownership. You also need to factor in the cost of fuel, insurance, maintenance, and repairs.
The fuel economy of the Ford Ranger varies depending on the engine and drivetrain. The 2.3-liter EcoBoost engine gets an EPA-estimated 21 mpg in the city and 26 mpg on the highway. The 3.0-liter Power Stroke diesel engine gets an EPA-estimated 22 mpg in the city and 30 mpg on the highway.
The cost of insurance for a Ford Ranger will vary depending on your age, driving history, and location. According to NerdWallet, the average cost of insurance for a Ford Ranger is $1,434 per year.
The cost of maintenance and repairs for a Ford Ranger will also vary depending on the specific repairs that are needed. However, according to RepairPal, the average annual repair cost for a Ford Ranger is $765.
Is the Ford Ranger Worth the Money?
Whether or not the Ford Ranger is worth the money depends on your individual needs and budget. If you need a basic truck for work or recreation, then the XL trim level may be a good option. However, if you need a truck with more features or off-road capabilities, then you may need to opt for a higher trim level or add options.
Final Note: Making an Informed Decision
Ultimately, the decision of whether or not to buy a Ford Ranger is a personal one. By considering the factors discussed in this article, you can make an informed decision about whether or not the Ford Ranger is the right truck for you.
Questions We Hear a Lot
Is the Ford Ranger a good value for money?
The Ford Ranger is a good value for money because it offers a lot of features and capabilities for a relatively low price. It is also a reliable and durable truck that can handle a variety of tasks.
Is the Ford Ranger expensive to maintain?
The Ford Ranger is not expensive to maintain compared to other midsize trucks. The average annual repair cost for a Ford Ranger is $765, which is less than the average annual repair cost for a Chevrolet Colorado ($894) or a Toyota Tacoma ($868).
Is the Ford Ranger fuel-efficient?
The Ford Ranger’s fuel economy depends on the engine and drivetrain. The 2.3-liter EcoBoost engine gets an EPA-estimated 21 mpg in the city and 26 mpg on the highway. The 3.0-liter Power Stroke diesel engine gets an EPA-estimated 22 mpg in the city and 30 mpg on the highway.
