2024 Ford Transit Passenger Pricing Analysis: Washington, DC Market Report

Pricing by Nearby Locations

Market Area: Washington, DC

Key Insights

• Highest Prices in Newark, DE: The market in Newark, DE shows the highest average price at $43,397, likely due to higher demand or limited inventory.
• Lowest Prices in Hagerstown, MD: Conversely, Hagerstown, MD offers the lowest average price at $40,145, indicating a more price-sensitive market or greater inventory availability.
• Stable Pricing Across Cities: The average prices across nearby cities range from $40,145 to $43,397, suggesting a relatively stable market with minor fluctuations.

City-Level Pricing

Pricing by Trim Packages

Key Insights

• Most Common Trim: The 350 XLT Medium Roof LB RWD is the most common trim with 86 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), reflecting a premium for AWD options.
• Feature-Rich Offerings: All trims include popular features such as Bluetooth, Backup Camera, and Third Row Seating, appealing to family and commercial buyers alike.

Trim-Level Details

Pricing Analysis by Model Year

Key Insights

• Significant Depreciation: The 2023 model shows a current average price of $33,918, reflecting a depreciation of -33.8% from its original MSRP, indicating a steep drop in value for newer models.
• Best Value in Older Models: The 2021 model is priced at $25,777, representing a -38.5% depreciation, suggesting it may offer better value for budget-conscious buyers.
• Newer Models Retain Value: The 2026 model is currently priced at $49,795, which is -15.5% below its MSRP, indicating a relatively strong demand for the latest model year.

Model Year Pricing

These recommendations are based on CarGurus' proprietary market data from August 6, 2026, CarGurus experts' opinions, and generative AI.