Man shows how much cars can depreciate in a year after buying new 2024 Ford Ranger Raptor for $60,000 and selling it 2,014 miles later
Trucks once thought to have been immune to depreciation have been hit hard The post Man shows how much cars can depreciate in a year after buying new 2024 Ford Ranger Raptor for $60,000 and selling it 2,014 miles later appeared first on Supercar Blondie.
A 2024 Ford Ranger Raptor has served as a stark reminder of how much a vehicle can depreciate in the used trucks market.
The pickup was purchased new earlier this year and driven for just over 2,000 miles before its owner decided to part with it.
The truck was then listed at a public auction, where interest from buyers was immediate.
What happened next was a tad unexpected for the Ford Ranger Raptor owner.
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Ford Ranger Raptor resale price
The 2024 Ford Ranger Raptor carried an MSRP of $59,955 and used a 405-horsepower twin-turbo V6 engine.
The example sold came in Velocity Blue Metallic with an Ebony interior, 17-inch beadlock-capable wheels, and LED headlights and taillights.
Inside, it featured a 12-inch touchscreen, heated seats, and driver assistance technology.
The seller had added a Ford Performance ECU tune, grille lights, and a tonneau cover.
It sold for $54,500 at auction.
That was about $5,500 under its purchase price and close to other sales of similar trucks.
In the used trucks market, Ranger Raptors with low mileage now sit between $54,000 and $56,000.
Vehicles generally lose the steepest portion of their value during the first year of ownership, and the Ford Ranger Raptor is following that pattern.
Even performance pickups priced at the top of their segment are seeing the same early losses.
Depreciation data shows why buyers often wait for low-mileage examples to appear at auction.
Sellers take the initial financial hit, while second owners can secure a vehicle in nearly new condition for several thousand dollars less.
The Ford Ranger Raptor sale is a straightforward demonstration of that balance.
Used truck prices are finally cooling off
The auction result also reflects current pricing trends.
After years of inflated values caused by supply shortages, depreciation has re-emerged as a central part of truck ownership.
Market analysts have pointed out that trucks once considered safe from steep early losses are now trending in line with wider automotive averages.
The Ranger Raptor is in high demand, but demand alone has not been enough to offset car depreciation once mileage is added.
That signals a return to more predictable market behavior after several years of unusual pricing.
Buyers now have more opportunities to find low-mileage pickups at prices below MSRP.
Sellers face the familiar problem of sharp value drops in the first year.
The 2024 Ford Ranger Raptor auction result is one more sign that even the most in-demand models lose ground once they enter the second hand market.The post Man shows how much cars can depreciate in a year after buying new 2024 Ford Ranger Raptor for $60,000 and selling it 2,014 miles later appeared first on Supercar Blondie.
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