If you’ve got your eye trained on the Ford Ranger, you’re not alone. The Ford Ranger is currently one of the top-ranking midsize pickup trucks on the market. It’s powerful, capable, stylish, and performs well overall on the road. For many drivers, the choice to buy a Ranger is easy.
Whether to buy a new Ranger model from the current 2020 model year or opt for a pre-owned model from 2019, however, is a more challenging decision. There are of course advantages and disadvantages to both of these choices, which can make it very difficult for any driver to determine which is the right decision to make. Here are 3 things you should know before deciding whether to buy a new or a used Ford Ranger.
The Price Difference is Not Very Wide
Price is the main factor that influences drivers to purchase a used vehicle rather than a brand-new model of the same car. Because they are from previous model years and already have some miles logged on them and have endured at least some minor wear and tear, a pre-owned car understandably tends to cost less than a brand-new version of the same car from the current model year.
While this remains true between the 2019 and 2020 Ford Ranger models, the price difference between a pre-owned 2019 and a brand-new 2020 Ranger might not be as wide as you think. In fact—no matter which trim level you choose—buying a new 2020 Ford Ranger will only cost you about 11% more than the amount you would pay for a pre-owned 2019 model. To demonstrate how minor this price difference is, statistics show that most brand-new 2020 vehicle models cost upwards of 20% more than a pre-owned 2019 model.
2020 Models Come with Minor Updates
Many drivers decide to buy a new vehicle instead of a used model because they are worried that a pre-owned model will look or feel outdated. Fortunately, that’s not much of a worry with the 2019 and 2020 Rangers because the 2020 model year brought only very minor updates to this midsize pickup truck. The only notable differences between the 2019 and 2020 Rangers are that the 2020 Ranger comes in three new exterior
colors and is available with a box extender. It also features one additional add-on package—the FX2 trail package—which includes a special suspension and tires that are designed specifically for off-roading.
Both the 2019 and the 2020 Ford Rangers are equipped with powerful, 2.3-L turbocharged four-cylinder EcoBoost engines that deliver 270 horsepower on the road. Both models can tow up to 7,500 pounds, and their maximum payload capacity of 1,860 pounds is best-in-class. Plus, both Ranger models also manage to get approximate combined gas mileage of 22 to 24 MPG—which is very impressive for a midsize pickup truck with similar capability as the Ranger.
In terms of safety and tech, both the 2019 and 2020 Rangers come equipped with a host of standard advanced safety and driver-assistance features—including a built-in rearview camera, automatic emergency braking, pre-collision assist, and more. They also both come with a state-of-the-art infotainment system with an impressively user-friendly interface.
2021 May Bring Big Things
If you have a wider budget and prioritize amenities, waiting for the 2021 Ford Ranger to hit the market before buying a 2020 or 2019 model might not be a bad idea.
The 2021 model year is not likely to bring many significant updates or upgrades to the Ford Ranger in terms of power, capability, or safety features. However, several new upscale amenities are expected to make an appearance in the Ranger for the 2021 model year.
Although nothing is certain, amenities that are expected to arrive with the 2021 Ranger include dual-zone automatic climate control, a state-of-the-art navigation system, and satellite radio.
At the end of the day, you’re very likely to be happy with your Ford Ranger purchase—whether you opt to buy a new 2020 model, purchase a pre-owned 2019 model, or even wait to buy the all-new 2021 Ranger when it finally officially hits the auto market and becomes available for purchase.
Ultimately, the decision of whether to buy a pre-owned or a new Ford Ranger model is your choice to make—and you can rest easy knowing that any Ford Ranger model you buy will serve you well on the road for many years to come. You can visit our website to find specials on the Ford Ranger.