Ford Authority

Ford F-150 Was The Fourth Most Leased Vehicle Of Q4 2021

The Ford F-150 has been America’s best-selling vehicle – not just pickup – for some time now, dominating U.S. roads thanks to its many appealing attributes. Thus, it’s not really a surprise when the F-150 tops any list related to new or even used vehicle sales, or in the case of Experian’s latest data, leases. According to the consumer credit reporting agency’s Q4 2021 Automotive Insights Report, the Ford F-150 was the fourth most leased vehicle in the last quarter, in fact.

On that report, the Ford F-150 represented 1.86 percent of the total leased vehicles on the market in Q4, ranking it behind only the Honda Civic at 2.85 percent, the Honda CR-V at 2.37 percent, and the Mazda CX-5 at 1.92 percent. The Toyota Tacoma (1.85 percent), Jeep Grand Cherokee (1.77 percent), Toyota RAV4 (1.76 percent), Nissan Rogue (1.74 percent), Toyota Highlander (1.69 percent), and Honda HR-V (1.66 percent) round out the rest of the top 10 most leased vehicles list for the final quarter of last year.

At least part of the appeal of leasing an F-150 over taking out a loan to purchase one is the big difference in average monthly payments between those two options. According to Experian, the average F-150 lease payment came in at $484 a month in Q4, while the average loan payment was significantly higher at $762.

Meanwhile, the F-150 also finished out Q4 as the most considered pickup truck among new-vehicle shoppers, according to Kelley Blue Book, a distinction that it repeated from the third quarter. However, those interested in the all-electric version of FoMoCo’s venerable pickup – the 2022 Ford F-150 Lightning¬†– may not find leases to be quite as attractive since residual values are lower than the ICE-powered version, as Ford Authority reported last week.

We’ll have more on the Ford F-150 soon, so be sure to subscribe to Ford Authority for the latest Ford F-Series news, Ford F-150 news, and non-stop¬†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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