You Might Pay More for a Used Ford Maverick Truck Than a New One
In a post-pandemic world, used cars, trucks, and SUVs are still more expensive than new ones in some cases. Especially when it comes to popular vehicles like the Ford Maverick pickup truck and Bronco SUV that have been in low supply. Due to that, you might pay more for a used Ford Maverick than a new one (if you can even get a new one).
Why would you pay more for a used Ford Maverick?
Ford recently reported some numbers for the first quarter of 2023, and the Maverick has been a hot commodity. So far this year, Ford sold 21,478 units, compared to the 19,245 units in 2022. One of the biggest obstacles Ford’s newest compact truck has faced is supply and demand. Ford has been unable to keep up with demand, which has led to long wait times for some order holders.
The automaker has been working on ramping up production for the Mustang Mach-E, F-150 Lightning, Bronco Sport, and Maverick. Until then, prices for used Mavericks remain high. iSeeCars’ most recent study examined used cars, trucks, and SUVs that cost more than the new versions.
While used car prices are coming down, the Ford Maverick has remained a hard-to-get option. This has led to drivers being willing to pay more for the truck, to the tune of $4,038. That’s about 12.3% over the price a new Maverick would run you, bringing the used cost up to $36,777.
Considering a used Ford Maverick or Bronco won’t come cheap
Though the Ford Bronco has been on the market for a bit longer, it has still been hard to find in some configurations. Ford has had some trouble producing specific versions of the Bronco with two or four doors. This has led to the Bronco being 1.7% more expensive used than new in some cases. While that only costs about $901, it brings the Ford Bronco’s cost up to around $55,372.
There were no other trucks like the Maverick on the list, but there were a bunch of SUVs and hybrid vehicles. SUVs like the Mercedes-Benz G-Class, Toyota RAV4 Prime, and the Toyota Corolla Cross. All of these options suffer from the same experience: high demand and low supply.
The semiconductor chip shortages have made it hard for many automakers to keep up. Even though these options are popular, some brands have focused on more expensive models.
The good news is that costs are coming down
This study also showed that used car prices are coming down. This year, 14 pre-owned models were 0.1% and 12.3% above the new car price. Last year, it was 15 different pre-owned models, 7.9% and 21.5% above the new counterpart. In addition, automotive companies are slowly catching up with production. As long as the semiconductor chips keep flowing, the Ford Mavericks and Broncos should keep on rolling off the production line.
The best way to get a Ford Maverick or Bronco at MSRP is to order it from the dealership. Some places will try to add a pesky dealership markup upon delivery, but there are many dealerships that won’t. One day soon it might be cheaper to get a new vehicle than a used one, and most drivers welcome that day.