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Ford F-150 Lightning depreciation: value by age

Value kept after 3 years

68%

  • Loses 32% in 3 years.
  • 2023 Lariat 5 1/2 ft 4WD. New: $71,990. Now: $48,900.
  • Median truck at 3 years: 69% kept.
  • Value now: KBB fair price.

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0%20%40%60%80%100%2 yr5 yr8 yr11 yr14 yr17 yrF-150 Lightningtruck median
Share of original MSRP kept, by age. Blue: median of 9 to 20 trucks per age.
Ford F-150 Lightning value by model year
Model yearAgeTrimOriginal MSRPValue nowSourceKeptLostLost per year
20242Flash 5 1/2 ft 4WD$70,090$48,500KBB fair price69%$21,590$10,795
20233Lariat 5 1/2 ft 4WD$71,990$48,900KBB fair price68%$23,090$7,697
20224Lariat 5 1/2 ft 4WD$69,269$42,800KBB fair price62%$26,469$6,617
Biggest drop
New to age 2: $10,795 a year.
Values as of
October 2026

KBB resale value by year

Ford F-150 Lightning: KBB resale value by calendar year
Model year20232024202520262027 KBB forecast2028 KBB forecast
2024N/AN/AN/A$35,200$32,052$29,349
2023N/A$38,411$31,865$36,500$33,970$31,983
2022$43,718$33,621$29,195$32,600$28,573$25,285

KBB resale values. 2027 and 2028 are KBB forecasts.

What this cannot tell you

Values as of October 2026. KBB and CarGurus national figures.

Mileage and condition change the value.

How values are checked