It is no secret that the Ford Fusion is going out of production in the U.S. alongside the rest of the brand’s sedans. However, there are plenty of brand-new Fusions sitting in lots across the country. While some deals for the outgoing sedan may be tempting, you may want to wait before pulling the trigger. That’s because Motor1 published a list with data from CarEdge showing that the Fusion is one of the quickest depreciating sedans on sale.
The standard Ford Fusion is your best bet
If you have your heart set on a Ford Fusion, there is plenty to like. While the base $23,170 price is great for a midsize sedan, you still get sharp looks and a decent 2.5-liter engine. However, saving money upfront could become quite expensive in the future. That’s because Motor1 and CarsEdge report that the Fusion will depreciate around 56 percent after just five years of ownership.
This calculation is for a Ford Fusion purchased for around $25,894. The total losses after five years will turn your shiny new sedan into an $11,313 used car. It is worth noting that the calculation takes into account 13,500 miles driven per year of ownership. After 10 years, the estimated value could hover just over $5,000. In this regard, opting for a slightly more expensive Toyota Camry will provide greater savings long term.
The hybrid model depreciates even quicker
Although the Ford Fusion Hybrid carries a significant premium over the standard model, it depreciates even faster. During the same five year period, CarsEdge estimates that the Fusion Hybrid will lose around 58 percent of its value. If we account for a higher purchase price of $27,941, the hybrid will likely be worth around $11,825. The result is that even though it provides greater fuel economy upfront, it will ultimately be more expensive to own.
According to Motor1, the reason why the Ford Fusion Hybrid loses so much value comes down to the consistent poor ratings the model has received. Ford’s announcement that it would shortly go out of production also largely played a significant role in accelerating overall depreciation.
The plug-in hybrid is the worst of all
As far as the Ford Fusion depreciation goes, the range-topping plug-in hybrid Energi is the worst of all. For starters, the Energi starts at $35,000, or over $11,000 more than the base model. According to Motor1, the Energi also failed to impress alongside competitors, leading to even more poor ratings and reviews. When you compound the complexities of the powertrain and the similarities to cheaper models, it is not hard to see why its value vanishes.
According to CarsEdge, the Ford Fusion Energi will lose 67 percent of its value over five years. This will turn the expensive sedan into a $12,127 used car, marking huge losses for its owner.
However, the first owner’s loss is the second owner’s gain. If the Ford Fusion’s appeal is irresistible, consider buying a heavily depreciated used model. Aside from getting a great deal, you’ll likely be able to score a higher trim level for not much cash. Regardless, you’ll want to stay away from brand-new Fusion’s.