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Buy New or Used or Lease – The Best Way to Own a Ford F-150

Ford F-150 2001 White

The Ford F-150 is the top-selling pickup truck in South Carolina’s auto market. It is reliable, fuel-efficient, luxurious, and packs impressive engine performance. With all the right boxes ticked, it is only natural that you will want to own a Ford F-150, and not any other truck, for the pickup will not disappoint on any count. But the thought of owning a Ford F-150 is one thing and buying it is another. New car prices have increased drastically in America and the best-sellers do not come cheap in any way.

Now, to get your own Ford F-150, you have four options. You can either buy a brand-new model or lease a similar one. Or, you can go for CPO or simply buy used. Let us break down these choices for you financially. We will talk in average terms here to show you which path is the most economical considering the fact that the quality of the vehicle will not vary a lot.

Buying a brand-new Ford F-150

Visit any Ford dealership in Spartanburg, SC, and you will find the most basic trim of the F-150 starting at $28,800. And that is only the MSRP. The mid-range XLT trim costs around $35,000 while the top trim called King Ranch goes well over $53,900. Buying new, this is your range. You will have complete ownership of the vehicle and the truck will have no history. But the price might pinch you depending on your budget.

Leasing a Ford F-150

Manufacturer-certified dealerships lease new Ford F-150sto customers who cannot afford the actual MSRP, not looking to own the vehicle, and wants the new feeling from their pickups without paying a fortune for the same. If you choose to walk this route, the current market rate for a top-of-the-line Ford F-150 is $450 per month for 36 months. The basic model comes at S235 for 24 months. Add them up and you are either paying $16,200 or $5,640, excluding the additional costs, just to drive around in the pickup. You do not get ownership.

Buying a CPO Ford F-150

CPO cars for sale in Spartanburg, SC are how manufacturers try to give their customers the “used” experience with prices lowered than the new models. But despite the promise, not all Ford F-150s become a CPO vehicle, and subsequently, their prices do not drop much. A certified Ford F-150 can cost you anywhere between $33,000 to $39,000 because basic trims do not become CPOs and you end up paying for features you might not need and extended warranties. Certified cars are not economical.

Buying a used Ford F-150

Used cars in Spartanburg, SC are popular for a reason. Visit a top dealership like Family Auto and you will find Ford F-150 may be starting at only $15,000. Go for an older model and the price will drop further. King Ranch prices hover around the $25,000-mark. And the average price of the entire series is $20,000. The best part – there is no compromise on quality. Family Auto of Spartanburg absorbs only the cream among all used pickups and you get a flat warranty of 2-years/36,000 miles on any F-150 you buy. Budget-wise, getting a used Ford F-150 always makes sense.


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