Used Ford Ranger for Sale nearWaterloo, IA

How much does the Ford Ranger cost in today's market?

Used Ford Ranger prices span a wide range depending on model year. Here's what the market looks like right now:

The Ford Ranger's current nationwide average price is $29,028, and its nationwide average price reached a low of $27,830 over the past year.

Recently, prices have come down for the 2023, 2024, and 2025 models, making now a good time to shop recent model years.

Is the Ford Ranger a good car?

Yes — the Ford Ranger is a well-liked used truck with broad appeal across its model years. The all-generations owner rating is 4.3/5 across every model year in the data.

Owners consistently praise its strong performance, towing capability, and fuel economy, along with its spacious interiors and comfort. The Ranger also earns repeat praise for being versatile enough for daily driving and weekend use.

Expert reviews rate the 2020 and 2024 models among the highest across all years.

The main trade-offs buyers should weigh are cheap-feeling interior materials, sluggish touchscreen response in some years, and safety equipment that is more complete on higher trims than on the base versions.

33.1% of listings are priced as good or great deals.

Are Ford Ranger models reliable?

Owners and experts consistently describe the Ford Ranger as a capable, versatile truck with strong performance and useful everyday manners. Across the model years, drivers also repeatedly praise its towing ability, fuel economy, and comfortable ride.

• Owners rate the Ford Ranger between 4 and 5 out of 5 stars across all model years in the data.

For used buyers, long-term ownership risk is best managed by checking condition carefully, since some model years show stronger accident-free rates than others.

What should I look for when buying a used Ford Ranger?

Across all model years, accident-free inventory is solid at 82.8% — always verify the vehicle history report.

Older model years carry meaningfully higher accident rates, so always verify the vehicle history report on pre-2020 models.

Key things to evaluate:

• Safety package: Ford Co-Pilot 360 on the XLT and above trims, with forward and reverse emergency braking, auto high beams, blind-spot monitoring with trailer coverage, front cross-traffic braking, and evasive steering assist.
• Infotainment: A 10-inch portrait touchscreen on the XL and a 12-inch screen on all other trims, with Apple CarPlay and Android Auto.
• Fuel efficiency: 20 mpg city, 24 mpg highway, and 22 mpg combined with the base four-cylinder and 19/23/20 with the V6.

Which Ford Ranger trim should I buy?

The 2024 Ford Ranger offers these trims:

• XL: The entry trim starts the lineup and is the value-focused choice for shoppers who want the Ranger’s core capability at the lowest price.
• XLT: This is the best-value trim for many buyers, adding more equipment and access to the available safety and convenience features that make the truck easier to live with.
• Lariat: This trim adds a more upscale feel with a short, widened gear selector, push-button start, a 12.4-inch instrument panel, automatic parking, Pro Trailer Backup Assist, a 10-speaker Bang & Olufsen stereo, and 360-degree cameras.
• Raptor: The off-road-focused model brings the twin-turbo 3.0-liter V6, 2.5-inch Fox shocks, 10.7-inch ground clearance, and front and rear locking differentials for serious trail use.

What Ford Ranger do most buyers choose?

The Ford Ranger years with the most listings are 2020, 2024, and 2021.

Higher-volume years tend to draw more shoppers because they usually offer a wider mix of prices, trims, and mileage levels. That gives you more chances to find the right balance of value and equipment.

What is the Ford Ranger's resale value?

Most Ranger model years are down year over year, which is good news if you’re shopping used and want to avoid paying peak prices. The steepest drops are in the double-digit range, while the newer model years show smaller declines. That pattern suggests recent inventory is still adjusting, but values are generally moving in a buyer-friendly direction.

The 2023, 2024, and 2021 model years have held their value best, with the smallest year-over-year price changes.

Is the Ford Ranger safe?

• 2024: 6/10
• 2021: 7/10
• 2020: 7/10
• 2019: 5/10

The 2024 Ranger includes Ford Co-Pilot 360 on the XLT and above trims, with forward and reverse emergency braking, auto high beams, blind-spot monitoring with trailer coverage, front cross-traffic braking, and evasive steering assist.

For the safest used buy, the 2020 and 2021 models both post the highest confirmed score of 7/10.

Should I buy a used Ford Ranger now or wait for the next model?

Buy now if:

• Price trend: The 2025 model is at −9.28% versus a year ago, and the 2024 model is at −7.46%.
• Deal availability: The 2025 model has 36.7% good and great deals, and the 2024 model has 36.5%.
• Sweet-spot year: The 2020 model has the most listings at a current average price of $23,503. The Ford Ranger offers strong towing ability, useful everyday versatility, and a comfortable ride that make it easy to live with.

Consider waiting if:

• Powertrain/efficiency: The latest Ranger offers a standard 2.3-liter turbo inline-four with 270 horsepower and 310 pound-feet, an optional 2.7-liter twin-turbo V6 with 315 hp and 400 lb-ft, and fuel economy of 20 mpg city, 24 mpg highway, and 22 mpg combined with the base four-cylinder.
• Tech: The latest Ranger brings a 10-inch portrait touchscreen on the XL, a 12-inch screen on all other trims, Apple CarPlay, Android Auto, automatic parallel and perpendicular parking, and Pro Trailer Backup Assist.
• Safety: The latest Ranger adds Ford Co-Pilot 360 on the XLT and above trims, with forward and reverse emergency braking, blind-spot monitoring with trailer coverage, front cross-traffic braking, and evasive steering assist.
• Starting price: The latest Ranger starts at $32,720.

If you're buying used today, the 2020 model year offers the best mix of value and availability. If you want the latest tech and features, it may be worth waiting for the next model year's inventory to build up.

How does the 2020 Ford Ranger compare to the 2020 Chevrolet Colorado?

Read our full side-by-side expert comparison here.

These recommendations are based on CarGurus' proprietary market data from November 3, 2026, CarGurus experts' opinions, and generative AI.