Ford F-150 and Ranger Win 2021 KBB 5-Year Cost to Own Awards

By Product Expert | Posted in Awards, Ford, Ford F-150, Ford Ranger on Thursday, April 29th, 2021 at 5:42 am
2021 Ford F-150 trucks by river bank

What Truck Has the Lowest Overall Cost of Ownership near Atlanta, GA?

There’s more to buying a new truck than paying the price on the sticker. If you want to get the best deal on a new vehicle, the goal is to score something with a low cost of ownership that won’t leave you hemorrhaging cash over time. Ford fans rejoice: The Ford F-150 and the Ford Ranger have been named the most affordable trucks in their respective classes in the 2021 Kelley Blue Book 5-Year Cost to Own Awards. You can find them both near Atlanta, GA right here at Akins Ford.

What is the KBB 5-Year Cost to Own Awards?

The KBB 5-Year Cost to Own Awards recognizes vehicles with the lowest projected ownership costs throughout a five-year ownership period. The organization’s rankings offer a comprehensive projection of all the hidden costs associated with vehicle ownership, including depreciation, expected fuel costs, finance and insurance fees, maintenance and repair costs, and state fees.

2021 Ford F-150 in color Velocity Blue Metallic

2021 Ford F-150: Lowest Cost to Own Among Full-Size Pickup Trucks

The 2021 Ford F-150 earned a projected 5-Year Cost to Own figure was $48,456. That’s $4,274 less than the average for full-size pickup trucks. This is not the first time the F-150 has been publicly recognized – far from it. It has been America’s best-selling vehicle for more than 30 years. This year the truck is all-new and even better suited to rule the highly competitive segment. Among its many bragging rights, the F-150 boasts best-in-class towing capacity, the highest payload capacity, and the most powerful engine.

2021 Ford Ranger on off-road terrain

2021 Ford Ranger: Lowest Cost to Own Among Midsize Pickup Trucks

The 2021 Ford Ranger earned a projected 5-Year Cost to Own figure of $40,532, which places it $2,308 under the projected average for the segment of midsize trucks. The newest-generation Ranger is just two years old, but it wasted no time getting acquainted with the modern market. It has earned itself a loyal following for its ability to offer excellent towing and payload capacities at a reasonable price.

Read More: 2021 Ford F-150 Interior Redesign and New Features