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What's depreciation on the new Ford Ranger?
Is depreciation bad on the new Ford Ranger?
Tim Kennedey (Mallow)Apr 2016 Filed under: resale value
Expert answer
Hi Tim,
No, not too bad. A three-year old Double-Cab Limited model will cost you about €23-26,000 to buy, which suggests a trade-in value of about €19-20,000. That indicates depreciation of a little more than 50 per cent in the first three years, which is basically what you’d expect from any car.
Neil Briscoe - Complete Car Advisor@neilmbriscoe