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You could go ahead and get your 2023 Ford F-150 and be happy with your new truck, but updates are right around the corner. The 2024 Ford F-150 with mid-cycle change just debuted. Is it worth waiting for? It might take a few extra months.

2024 Ford F-150: What’s new? 

The 2024 Ford F-150 Tremor off-roading in mud
2024 Ford F-150 Tremor | Ford

The 2024 Ford F-150 is receiving a mid-cycle refresh, and it looks great with a more confident grille design and wrap-around headlights. The Ford F-150 Tremor has the most striking design changed with its orange accents in the grille.

Also, more power is standard. The turbocharged 2.7-liter V6 engine with 325 hp and 400 lb-ft of torque was dropped. The outgoing model’s 3.3-liter V6 engine with 290 hp and 265 hp was dropped.

You get a standard 12.0-inch touchscreen display with a standard 12.0-inch digital gauge cluster as well. There are multiple software improvements to take advantage of, especially for the BlueCruise hands-free system. Plus, here are 10 standard safety features.

The Pro Access tailgate opens from the center with a 20/60/20 split and functions as a traditional option. It allows you to get closer to the bed and provides more access with a trailer.

What’s new for the Ford F-150 Hybrid? 

The 2024 Ford F-150 Hybrid didn’t receive many changes, but it’s more affordable and easier to get. The price was dropped to match the upgrade cost of the 3.5-liter V6 engine

This makes sense as Ford is currently losing money on electric vehicles, but 10% of all F-150 models and 56% of Ford Maverick trucks are hybrid variants. 

Jim Farley explained that Ford believes the demand for internal combustion engines (ICE) and hybrid powertrains could be longer and richer than expected. Ford will be profitable during the ICE-to-EV transition. 

The Ford F-150 Hybrid could gain more power, but it doesn’t need it. It pairs a 3.5-liter V6 engine with an electric motor and a battery pack to crank out 430 hp and 570 lb-ft of torque. It can accelerate from 0 to 60 mph in about 5.7 seconds. 

We hope the batteries are updated because they have a few issues and often need replacing. As a result, the F-150 Hybrid is the least reliable truck. 

But on a positive note, it gets an EPA-estimated 25 mpg in the city and on the highway. During our testing, we found these estimates to be spot on. 

In our wildest dreams, the Ford F-150 PHEV will come out with an even better fuel economy. But Ford is loose with its clues, so we would have probably seen a teaser by now. Also, updated 2024 F-150 trucks have been spotted driving around Michigan. 

How much does the 2024 F-150 cost? 

The 2024 Ford F-150 Raptor off-roading in mud
2024 Ford F-150 Raptor | Ford

The 2024 Ford F-150 now starts at $36,570, and the Raptor takes the price up to $77,980. The 2024 Raptor R costs $111,550. You can still get started with a 2023 F-150 model for about $34,585. The 2023 F-150 Limited takes the price up to $84,190. 

These prices are the MSRPs and don’t include the $1,995 destination fee, $645 acquisition fee, or dealership markups. Also, the 2024 F-150 Hybrid may still qualify for up to $7,500 in federal tax credits. 

Stay tuned for updates. We are only a few weeks away from learning about the 2024 Ford F-150 and its production dates. The F-150 Hybrid could be the main attraction. Plus, the Raptor R has a hot new face, and the Heritage Edition is returning for another year.