Ford Authority

Ford F-150 Wins 2022 Best CPO Value Award For Light Duty Pickups

The Ford F-150 has remained at the top of the sales charts for decades, though it has also proven to be incredibly popular on the used vehicle market as well. The F-150 remains one of Carvana’s most purchased used vehicles, was iSeeCars’ most popular used vehicle of 2021, while used F-150 financing requests rose considerably in 2021 over 2020. By the end of the year, the F-150 was the most financed vehicle in the U.S., an unsurprising result considering the fact that there are around 16 million Ford F-Series pickups on the road today. Now, certified pre-owned F-150s have also been recognized with Vincentric’s 2022 CPO Value Award in the light-duty pickup segment.

This is the sixth time the Ford F-150 has received a CPO Value Award, which it accomplished by presenting the lowest operating, fuel, insurance, and total ownership costs in its class, which were 4.7 percent lower than expected, according to Vincentric’s data. The F-150 joins a few other Blue Oval products recently recognized by Vincentric in its annual certified pre-owned awards, including the Ford Fusion Energi, which topped the EV/PHEV classFord’s entire truck lineup, and the Ford Flex, which took top honors in the large SUV segment.

Vincentric measures value by first looking at ownership costs, which it calculates by combining depreciation, insurance, repairs, scheduled and unscheduled maintenance, finance, fuel, taxes, state fees, and opportunity costs. A vehicle’s expected cost of ownership is based on statistical models that correlate the price of a vehicle with the cost of ownership. Any vehicle that falls below the average value line is a better value than a vehicle that falls above the average value line. Based on that information, vehicles are assigned a value score of 1-5, with 5 representing the best value.

While used vehicle prices continue to set new records with each passing month, inventory has improved recently. Regardless, Ford’s Blue Advantage CPO program offers good value via comprehensive limited warranty coverage, 24/7 roadside assistance, FordPass Rewards Points eligibility, and, as Ford Authority reported last week, a 14-day, 1,000-mile money-back guarantee.

We’ll have more on the F-150 soon, so be sure and subscribe to Ford Authority for the latest Ford F-Series news, Ford F-150 news, and continuous Ford news coverage.

Brett's lost track of all the Fords he's owned over the years and how much he's spent modifying them, but his current money pits include an S550 Mustang and 13th gen F-150.

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