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Used Maverick Values vs Other Fords

PriusHater

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I have been super impressed with the way the Maverick has held its value on the used car market. My Maverick that I took delivery of in February 2022 has 36000 miles and the original tires still, yet Carvana is offering $22,600 for it. Outstanding for a vehicle that only cost $25,007 when new nearly four years ago. What other mass-market vehicle has held onto so much of its residual value?

With the Maverick holding such high value I decided to see what a used Mach-e in the same color (Cyber Orange) would cost. Lo and behold, a 2022 Mach-e Premium with fewer miles, the larger EV battery, and Ford Gold Advantage coverage, is less than $5000 more than the Maverick’s value, even though the Mach-e listed for $60k new.

I love the Cyber Orange color and mostly use the vehicle for around town driving, so now here I am considering selling the Maverick and getting a Mach-e. Betting there are some other people out there considering the same thing with the massive price falls for the Mach-e and F-150 Lightning on the used market.
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Scott Asheville

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You paid $25,000 in 2022 dollars. It is 2025. You paid $29,000 in 2025 dollars. To be fair, that's assuming you didn't use Ford's 0% financing offer. Because if you did, you paid it off with steadily deflating dollars.

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PriusHater

PriusHater

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You paid $25,000 in 2022 dollars. It is 2025. You paid $29,000 in 2025 dollars. To be fair, that's assuming you didn't use Ford's 0% financing offer. Because if you did, you paid it off with steadily deflating dollars.

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Could've got the 0% financing, but settled for 0.9% over three years.
 

matmondro

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I've also been impressed with how well the Mav values have been holding. Still a hot commodity IMHO.

EVs and premium autos never really hold their values well at all. Take Lincolns, Caddys, Audis, etc. Only time stuff like that does hold value is if it's some sort of special edition or high performance variant, e.g. V-Series or Blackwing, coach door Conti, Raptors, Shelbys, etc.
 

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...I love the Cyber Orange color and mostly use the vehicle for around town driving, so now here I am considering selling the Maverick and getting a Mach-e. Betting there are some other people out there considering the same thing with the massive price falls for the Mach-e and F-150 Lightning on the used market.
The Mach E is a tremendous vehicle that is sometimes overlooked in the market, but like you...I am considering one or a CE1 based truck when it comes time to replace my Maverick.
 

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Top Truck

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You paid $25,000 in 2022 dollars. It is 2025. You paid $29,000 in 2025 dollars. To be fair, that's assuming you didn't use Ford's 0% financing offer. Because if you did, you paid it off with steadily deflating dollars.

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Top Truck

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That same formula applies to the Mach-E which still makes the Maverick an excellent buy in terms of holding its value.
 

Scott Asheville

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Actually the Mach E is a very special case, being a BEV. Right now, BEVs are all depreciating at insane rates. Sometimes 50% in three years.

A better example might be the F150, which is Ford's volume seller. So if I wanted to compare the Maverick to "the average Ford", it would be the F150. Personally, my Maverick has depreciated 30% in three years and 36,000 miles. Which is about what my old Rangers used to do in the same time period. I'm pretty sure about that figure, because I did some price checks last month when I considered trading my 2022 ecoboost for a 2025. I decided the 2025 wasn't enough of an improvement to merit spending $10,000+ for the update.

I do notice you have a hybrid. They seem to be keeping their value better than the ecoboosts, which is what I'm driving. And resale is insanely local. What I see here in WNC, where there are Mavericks everywhere, is probably way different than what you see in East Arkansas.

BTW, I miss Arkansas. Spent 7 years in North Little Rock in USAF. Beautiful state.
 

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Hats off to you! I was in the USAF in the late 70's. You are correct on the Hybrid resale in our area-- EXCELLENT! I, like most people, paid MSRP for mine ($23,990). As a former dealer, I still had access to the major auction sites and was amazed that for about 2 years I could've taken my 2022 Maverick to the auction and gotten more than I paid for it. It's finally gone down, but still a very high percentage of original cost. Hope you're enjoying yours as much as I am mine!
 

JohnCondren1933

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As context, trucks in general consistently hold their value longer than SUVs & sedans.
I think it will continue but not to the extreme of 22-24 Mavericks, it was just a "perfect storm" for 2025 resale values: low new vehicle supply in general coming off covid, truck-level resale, low starting cost so a massive net of buyers who could afford it, then a pretty steep price increase for 2025 minor redesign (major refresh? Im drawing a blank on which of these brand management tradewords it is).

I dont recall seeing any Mavericks on dealer lots 22 to 23 the few I saw looking around were of course spoken for.

At the $60k price range the buyers who can swing that have a bunch of options & the pool of $50k buyers is significantly smaller than the pool of $25k buyers.

Insurance cost on Maverick for me was insane low, it was lower than my 2016 Honda CRV replacement cost $16k I got a quote to transfer my policy while driving to buy the Mav & was like "thats same policy full coverage, not minimum liability right", the 1 headwind I worry about for insurance is how easy getting rear ended totals a Maverick - of course getting rear ended is presumed to be the other drivers fault so might keep insurance low, its honestly wild what the hybrid insurance is - now I do remember a large difference between 2016 & 2017 CRV insurance, I think the word "turbocharger" was like a massive multiplier before every mass market vehicle went to small engine large turbocharger to "help the environment" because turbo-whine cleans the air...or something:p

I have been super impressed with the way the Maverick has held its value on the used car market. My Maverick that I took delivery of in February 2022 has 36000 miles and the original tires still, yet Carvana is offering $22,600 for it. Outstanding for a vehicle that only cost $25,007 when new nearly four years ago. What other mass-market vehicle has held onto so much of its residual value?

With the Maverick holding such high value I decided to see what a used Mach-e in the same color (Cyber Orange) would cost. Lo and behold, a 2022 Mach-e Premium with fewer miles, the larger EV battery, and Ford Gold Advantage coverage, is less than $5000 more than the Maverick’s value, even though the Mach-e listed for $60k new.

I love the Cyber Orange color and mostly use the vehicle for around town driving, so now here I am considering selling the Maverick and getting a Mach-e. Betting there are some other people out there considering the same thing with the massive price falls for the Mach-e and F-150 Lightning on the used market.
 
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JohnCondren1933

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Yes at least for Hondas & Toyotas, hybrid resale vs nonhybrid has remained sky-high even past 100k miles.

Toyota primed its buyers with the idea of the hybrids being the premium version, no barebones hybrid variant the lots only had loaded option hybrids you wanted barebones it was non-hybrid unless you special ordered.

So it was a bit of a mental shock the 2022 Maverick hybrid was not the most expensive one, reality is the hybrid drivetrain is much cheaper to make & assemble with so many fewer parts, batteries used to be expensive but with the scale of Lithium battery production these little hybrid batteries are just not that expensive to make anymore IMO.

My gut calculations setting up automation is the hybrid drivetrain is absolutely cheaper to make, 2.5l engine components are massively simpler to manufacture & assemble than EB & ditto for the drivetrain - the small amount of rare earths in the motor stator would have to be priced like platinum to begin to come close to making up cost difference of manufacturing & assembly.

I think Ford saw hybrid demand & 25-26 has raised prices as much as they could get away with, while dropping EB prices to match demand to existing production capacity.

Actually the Mach E is a very special case, being a BEV. Right now, BEVs are all depreciating at insane rates. Sometimes 50% in three years.

A better example might be the F150, which is Ford's volume seller. So if I wanted to compare the Maverick to "the average Ford", it would be the F150. Personally, my Maverick has depreciated 30% in three years and 36,000 miles. Which is about what my old Rangers used to do in the same time period. I'm pretty sure about that figure, because I did some price checks last month when I considered trading my 2022 ecoboost for a 2025. I decided the 2025 wasn't enough of an improvement to merit spending $10,000+ for the update.

I do notice you have a hybrid. They seem to be keeping their value better than the ecoboosts, which is what I'm driving. And resale is insanely local. What I see here in WNC, where there are Mavericks everywhere, is probably way different than what you see in East Arkansas.

BTW, I miss Arkansas. Spent 7 years in North Little Rock in USAF. Beautiful state.
 

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John, you are 'spot-on' with all your observations! I got my Mav the first week of march 2022 after about an 8 month wait. On a whim, I checked its auction price about 6 months later. I could've made about $8000. As you stated, that's certainly not the case today with more suppy and higher new prices. This is the first year I've seen other new Mavericks(2) in the small East Ark town I live in. I still get plenty of people asking me how I like my truck. This coming March will be the longest I've ever driven a vehicle and I won't be trading then. Hope you and your family have a Blessed Christmas!!
 

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As context, trucks in general consistently hold their value longer than SUVs & sedans.
I think it will continue but not to the extreme of 22-24 Mavericks, it was just a "perfect storm" for 2025 resale values: low new vehicle supply in general coming off covid, truck-level resale, low starting cost so a massive net of buyers who could afford it, then a pretty steep price increase for 2025 minor redesign (major refresh? Im drawing a blank on which of these brand management tradewords it is).

I dont recall seeing any Mavericks on dealer lots 22 to 23 the few I saw looking around were of course spoken for.

At the $60k price range the buyers who can swing that have a bunch of options & the pool of $50k buyers is significantly smaller than the pool of $25k buyers.

Insurance cost on Maverick for me was insane low, it was lower than my 2016 Honda CRV replacement cost $16k I got a quote to transfer my policy while driving to buy the Mav & was like "thats same policy full coverage, not minimum liability right", the 1 headwind I worry about for insurance is how easy getting rear ended totals a Maverick - of course getting rear ended is presumed to be the other drivers fault so might keep insurance low, its honestly wild what the hybrid insurance is - now I do remember a large difference between 2016 & 2017 CRV insurance, I think the word "turbocharger" was like a massive multiplier before every mass market vehicle went to small engine large turbocharger to "help the environment" because turbo-whine cleans the air...or something:p
I agree I don't think the lots had any Mavericks when I got the 2023 BS BB I had or I would have gotten a Maverick then.
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