2024 Ford Transit Passenger Pricing Analysis: Chicago, IL Market Report

Pricing by Nearby Locations

Market Area: Chicago, IL

Key Insights

• Highest Prices in Rockford: The city of Rockford, IL has the highest average price at $46,923, indicating a potential premium market or limited supply.
• Lowest Prices in Kenosha: Conversely, Kenosha, WI offers the lowest average price at $40,754, suggesting a more competitive pricing environment.
• Inventory Variation: Cities like Palatine (141 listings) and Aurora (139 listings) have substantial inventory, which may contribute to more stable pricing compared to lower inventory areas.

City-Level Pricing

Pricing by Trim Packages

Key Insights

• Most Common Trim: The 350 XLT Low Roof LB RWD is the most prevalent trim with 88 listings, indicating strong demand for this configuration.
• Price Range Across Trims: The trims range from $54,820 (350 XL Low Roof LB RWD) to $61,650 (350 XLT Medium Roof LB AWD), highlighting a significant price spread based on features and drivetrain.
• AWD vs RWD Demand: The 350 XLT Medium Roof LB AWD trim, while less common with 11 listings, is priced higher, reflecting a premium for all-wheel drive capabilities.

Trim-Level Details

Pricing Analysis by Model Year

Key Insights

• Significant Depreciation: The 2019 Ford Transit Passenger shows a steep depreciation of -31.2% from its original MSRP, indicating a strong drop in value as the vehicle ages.
• Best Value Year: The 2022 model is priced at $30,310, reflecting a modest depreciation of -35.0%, making it a potentially attractive option for buyers seeking a balance of price and features.
• Newer Models Retain Value: The 2026 model is currently priced at $52,030, which is -12.0% below its MSRP, suggesting that newer models are still holding value relatively well.

Model Year Pricing

These recommendations are based on CarGurus' proprietary market data from July 30, 2026, CarGurus experts' opinions, and generative AI.