Oct 29, 2024

Ford Maverick Depreciation: What to Expect in the First Few Years

The Ford Maverick is sleek, athletic, and ready for whatever you throw its way. Moon Township Ford welcomes you to our premier Ford dealer in Pittsburgh, PA, where a Ford Maverick for sale awaits your arrival. Buying a new car can be exciting, but there is much to consider before crossing the finish line. One of the most critical factors, such as the Ford Maverick cost, may influence your shopping decisions as you explore various configurations, trim levels, and other available options. Additionally, the cargo capacity of the Ford Maverick is a critical factor for potential buyers, as it significantly impacts the vehicle’s overall value and functionality. Our experts are here to guide you through the costs of Ford Maverick ownership as we cover how factors such as maintenance, fuel efficiency, insurance costs, and more can impact your bottom line. Follow along to read our comprehensive guide and visit Moon Township Ford to schedule a test drive of a Ford Maverick for sale in Pittsburgh, PA.

Introduction to the Ford Maverick

The Ford Maverick is a compact truck that has been making waves in the automotive industry since its introduction in 2022. This versatile small truck offers the perfect blend of utility and efficiency, making it an ideal option for urban and rural settings. In this article, we’ll delve into the details of the Ford Maverick, including its models and trims, features, and specs, as well as its resale value and depreciation. Whether you’re looking for a reliable workhorse or a stylish daily driver, the Ford Maverick has something to offer.

Purchase Price & Incentives: How Much Does a Ford Maverick Cost?

The Ford Maverick has a starting purchase price of around $24,000-36,000, depending on the configuration of your choice. Even a modestly equipped Ford Maverick is more affordable compared to a midsize truck. The price range of a Ford Maverick can vary depending on the trim level, model year, features, specifications, and available packages. It’s also essential to note that newer models cost more than older vehicles. However, our team frequently offers incentives and discounts — like lower Ford Maverick interest rates — for many of our newer models, including the Ford Maverick, to help you get the best deal for your needs and budget. If the cost of a Ford Maverick doesn’t align with expenses, check out our used and Ford Blue Advantages inventories for gently used, more cost-effective alternatives!

On the other hand, it is possible to negotiate with dealers to lower the cost of a Ford Maverick. Negotiating can feel intimidating, but when you’re armed with vital facts about the vehicle — such as the current market value — you’re more likely to score a better deal and a more affordable Ford Maverick monthly payment.

Ford Maverick Ownership Costs & Resale Value: A Five-Year Breakdown

The cost of ownership of a Ford Maverick over five years is estimated to be around $45,000-51,000, according to KBB and Edmunds. This cost analysis is based on newer models that have a higher value than some of their pre-owned counterparts. The depreciation rate of a Ford Maverick should also be taken into account. The depreciation rate can dramatically affect the overall value of your vehicle and, therefore, influence the resale value of a Ford Maverick as it ages, especially beyond two years after purchase.

The range of ownership costs for a Ford Maverick includes purchase price, insurance costs, maintenance fees, taxes, financing, and depreciation rates. For additional insight into the five-year ownership costs of a Ford Maverick, consider utilizing trusted online resources from reputable sources, like KBB or Edmunds.

Ford Maverick Cost & Fuel Economy

The cost of gas is continually on the rise. The inconsistency of fuel prices places the majority of cost-saving efforts on drivers, many of whom have turned to fuel-efficient cars to reduce their fuel intake as much as possible. Fuel efficiency is an excellent way to reduce fuel costs and consumption as a vehicle owner. The EPA-estimated fuel economy of newer Ford Maverick models under the standard 2.0L EcoBoost® motor reaches 23 MPG in the city, 30 MPG on the highway, and 25 MPG combined. For enhanced fuel efficiency, consider the available 2.5L hybrid engine with an EPA-estimated fuel economy of 42 MPG in the city, 33 MPG on the highway, and 37 MPG combined.

The fuel-saving features of a Ford Maverick can help reduce your fuel intake and expenses. However, it’s essential to remember that real-world MPG can be influenced by factors including driving habits and conditions, frequency, maintenance, and more.

Ford Maverick Insurance Costs

Car insurance is mandatory for vehicle owners to protect themselves and others in the event of a crash. Insurance is expensive, with the average price of insuring a Ford Maverick over five years ranging between $4,000 and $16,000. The average costs of insurance for a Ford Maverick are influenced by many factors, including model year, trim level, safety features, and personal driving history. To get the best rate, get multiple quotes and compare which best aligns with your needs and budget.

Ford Maverick Maintenance Costs

According to KBB and Edmunds, the maintenance costs for a Ford Maverick over five years are estimated to be between $3,000 and $6,000. This range is based on the vehicle’s age, condition, and trim level. Maintenance is important to promote performance and longevity, so it is vital to consider these factors before purchasing.

Ford Maverick Warranty & Maintenance Coverage

Every new Ford Maverick comes with a 3-year/36,000-mile New Vehicle Limited Warranty and a 5-year/60,000-mile powertrain warranty. Drivers wishing for additional coverage during or after their warranty period can opt for extended coverage through available Ford service plans at our state-of-the-art service center. If you have any questions, contact one of our Ford-certified factory technicians for more information on extended warranty coverage.

Ford Maverick Vehicle Features

The Ford Maverick is a compact truck and one of the most affordable vehicles the Blue Oval® brand sells. The Ford Maverick’s recognition by Kelley Blue Book underscores its durability, appeal, and excellent long-term investment potential. The Ford Maverick is a cost-effective option and appeals to buyers from every lifestyle.

The Ford Maverick offers various standard and available amenities for your comfort and enjoyment, like a 13.2-in. touchscreen with SYNC® 4 technology, the Ford Co-Pilot360® safety suite, FordPass® Connect 4G LTE Wi-Fi Hotspot, and more.

Ford Maverick Engine, Hybrid Powertrain, Transmission, & Towing

Newer Ford Maverick models feature the base 2.0L EcoBoost® with 250 horsepower and 277 lb.-ft. of torque, with the eight-speed automatic transmission and a towing capacity of up to 4,000 lbs. with the available 4K Tow Package (AWD). For greener travels, drivers can opt for the available 2.5L hybrid motor and the power-split electronic continuously variable transmission with 191 combined horsepower and 155 lb.-ft. of torque.

Tips for Buying a Ford Maverick

If you’ve had your eyes on a Ford Maverick, we can help make your dream come true! Take advantage of our online customer resources for your convenience, such as our new online inventory, finance application, and buying power calculator. Look at a bestselling Ford Maverick for sale, and schedule a test drive today!

Buy a Ford Maverick

The Ford Maverick is ready for it all. Moon Township Ford is here to make your purchase process as easy as possible. Visit today to learn more!

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