Ford F-150 and Ford Ranger win Kelley Blue Book 5-year purchase award
Kelley Blue Book (KBB) is considered one of the most influential websites for consumers when making purchasing decisions. KBB has released its annual 5-year cost of ownership prices and it’s still something automakers covet.
Ford received great news when its two pickup trucks took top honors, with the Ford F-150 winning the full-size truck segment and the Ford Ranger taking the midsize truck segment.
As such, the Ford Ranger and the F-150 were both named the most affordable trucks in their respective categories during a five-year ownership period by KBB.
Ford’s official statement showed how important this was to the Blue Oval:
“This award recognizes vehicles with the lowest projected costs of ownership during the initial five-year ownership period and takes into account depreciation, expected fuel costs, finance and insurance charges, costs maintenance and repair and state fees. The popular Kelley Blue Book award for truck customers underscores Built Ford Tough’s long tradition of exceptionally efficient pickup trucks that reliably meet the needs of their owners.
About KBB 5 Year Cost of Ownership Rewards
According to the KBB website, the 5-year cost of ownership price has multiple tiers and a thorough process.
“Our 5-year cost of ownership projections come from data developed by analysts at Kelley Blue Book who calculate the projected resale value taking into account insurance costs and government charges, as well as fuel expenses,” maintenance and repair. The initial cost of the vehicle underlies these projections, calculated from the fair purchase price of KBB. These data points are determined at the model level and are sales-weighted, with popular versions being more influential so average buyers have a better idea of what to expect from the property experience.
The data-generated 5-year purchase cost rewards are a powerful tool that buyers can use to evaluate the purchase of a new vehicle. By making an informed decision, you’ll spend your transportation budget wisely with benefits that will accumulate throughout your ownership experience.
What KBB said about the Ford F-150
In giving the Ford F-150 its highest honor, KBB analyzed the history and reputation of the F-150. As America’s best-selling truck (and vehicle), there was a lot of history to analyze. They predicted the cost of owning the F-150 over 5 years at $ 48,456, which is $ 4,274 better than the segment average.
KBB said of the 2021 F-150: “The full-size truck segment is very competitive, but buyers are looking for some key factors. At the top of the list is capacity. Here the 2021 Ford F-150 reigns supreme. It has the best-in-class towing capacity, the highest payload capacity and the most powerful engine. It also offers a fuel-efficient hybrid powertrain, capable of handling up to 26 mpg, a range of 650 miles and a towing capacity of 12,000 pounds. And an electric F-150 is on its way.
Related story: The all-electric F-150 will be called Lightning.
KBB also recognized the technology of the F-150, including the Pro Onboard Generator.
KBB said: “Another remarkable technology includes the blind spot system which also takes into account your trailer. Then there’s the Pro Trailer Backup Assist which lets you back your trailer to a location with the turn of a button. And the new SYNC 4 system is Ford’s most intuitive and straightforward system to date.
There are also a lot of security technologies. All F-150s come standard with Ford Co-Pilot360 technology features, including Forward Collision Warning, Hill Start Assist, Pre-Collision Assist with Automatic Emergency Braking (with crash detection). pedestrians) and automatic standby. “
What KBB said about the Ford Ranger
Honoring the Ford Ranger as the best in the midsize pickup segment, KBB predicted the Ranger’s 5-year cost savings to be $ 40,532, which, compared to the segment average, was $ 2,308 higher.
The Ranger has fierce competition in the mid-size pickup segment, with the Toyota Tacoma being a mainstay in this segment.
Related story: Why the Ford Ranger is already better than the Toyota Tacoma.
KBB said of the 2021 Ford Ranger:
“Comparing the Ranger to the rest of the midsize truck package, the Ford stands out with a towing capacity of 7,500 pounds. That’s all you can tow in this class without a diesel engine. The 2021 Ford Ranger also offers best-in-class payload capacity. And, thanks to its rugged 270 horsepower 4-cylinder turbocharged engine, this Ford is quite fuel efficient. If you want more off-road capability beyond what the proven 4WD system offers, you can get the Tremor Package. It adds Fox suspension, Continental General Grabber tires, and a 6-switch auxiliary power bank for accessory lights, a winch or whatever you want to hook up. “
See the full list of cars, SUVs and trucks in this influential KBB report here.
Do you give credibility to this type of report when making a purchase? Leave me your comment below with your thoughts on this report.
Jimmy dinsmore has been an automotive journalist for over a decade and a writer since high school. His driver’s side column features new car reviews and is featured in several newspapers across the country. He is also co-author of the books “Mustang by Design” and “Ford Trucks: A Unique Look at the Technical History of America’s Most Popular Truck”. Additionally, Jimmy works in the social media marketing world for a Canadian automotive training aid manufacturing company. Follow Jimmy on Facebook, Twitter, to his special Ford F-150 coverage on Twitter and LinkedIn. You can read most of Jimmy’s stories by searching Torque News Ford for a daily Ford vehicle report.