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

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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