Essentially since the day it launched, the Ford Maverick has been racking up awards pertaining not only to how great of an overall vehicle it is, but also, the fact that it’s a tremendous value. That list includes accolades such as being named one of the most reliable pickups on the market and the most satisfying such model available by Consumer Reports, as well as a 2023 Automotive Loyalty Award for its segment from S&P Global Mobility. However, this popularity has also earned the Ford Maverick and Ford Maverick Hybrid a pair of Resale Value Awards from Kelley Blue Book, and used examples are selling for nearly as much as new ones. Regardless, that isn’t slowing down used Ford Maverick Hybrid sales at all, according to new data from iSeeCars.
Recently, iSeeCars ranked the Ford Maverick Hybrid fifth on its list of used vehicles selling for the closest price, on average, to new examples. The Maverick Hybrid is going for $32,039 on the used vehicle market, in fact, which is just 4.4 percent or $1,474 less than the average new model.
However, at the same time, the Ford Maverick Hybrid also ranked as the 11th fastest-selling used vehicle on the market as well, as the electrified compact pickup spent a mere 23 days on dealer lots in March 2024 – far less than the overall average of 34.2 days. Given the fact that used Mavericks aren’t selling at much of a discount compared to new ones, this is an even more impressive feat, though it was also joined by quite a few other hybrid models in this list, too.
In any event, time to turn has steadily increased for the overall new and used vehicle market, according to iSeeCars, at a rate of 30.5 percent more in the used segment compared to one year ago. “Between the gradual drop in new car pricing and consistent slow-down in their sales pace, it’s like watching a giant machine slowly wind down,” said Karl Brauer, iSeeCars Executive Analyst. “New cars are still more expensive than before Covid, and they’re still selling at a reasonable rate, but the pendulum has clearly swung the other direction.”
We’ll have more on the Maverick soon, so be sure and subscribe to Ford Authority for the latest Ford Maverick news and comprehensive Ford news coverage.
Comments
So Toyota has been able to increase production to keep up with demand (RAV4) but Ford still can’t figure it out? Maybe look in the archives and see how Ford met the Mustang demand bake in ’64.
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How long did the good cheap truck last? A year? Worse yet Ford strangles how many they put on dealers on the lot artificially keeping the price high. Its not like they could produce enough Ford just wants customers to pay the dealer gyp.
Sorry Bob, but you’re incorrect. Ford was making all they could, and most of them were factory orders. The dealers weren’t making a big markup, for the most part, except when a customer backed out of a truck already produced. I had to wait a year for mine, and its the most satisfying car out of the many I’ve owned. So, sour grape award for you!
Two years later, shady Ford dealers are STILL buying and titling brand new Maverick trucks and then selling them as “Used” at outrageous markups over MSRP.
Example: 2024 Maverick Hybrid XL, 11 miles, $26910 sticker, offered “used” at $32910, $6000 above MSRP in Nicholasville KY.