Any other 23 owners feel this way?

[Forumlurker24]

Hi all,

I purchased my 2023 loaded XLT about 3 months ago, it's my first truck, my first domestic car and my first time buying a car. Overall I'm pretty happy with it besides some quality issues with interior trim rattling. Only regret is not getting a powerboost and 4a but that's on me

I got the truck 60k, a whole 7k under msrp at 1.9% and I thought I got such a great deal. I keep getting ads for current sales. Seeing a 2024 lariat powerboost fully loaded for 56k, and similarly equipped xlts going for 52k has been making me quite resentful. I would like to trade mine in but the 23s have seem to have depreciated a ton.

I put around 18k down(counting trade in) and would only get about 3k back for a trade( some people say dealers aren't taking 23 trade ins)making it kinda financially stupid to do so. I knew you lose alot of value right off the lot but didn't think it would be that much. What do y'all think? Anyone else feel similarly? What's the sweet spot for getting the most trade in value?

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[Kodiak]

Just a couple of notes from me. I had a 99 Ranger XLT and loved it but when looking for a Powerboost that 4A was a big factor in moving up to the Lariat. With that said I have yet to use it so maybe a situation of "great to have but if you do not, do not fret".

2022's and 23's were the high point of a sellers market. Many people were paying over invoice in 2022 so if you got a deal for 7k under MSRP for a 2023 at the beginning of this year, that is not bad. For me and my 2022 if not for Granger Ford in Iowa, I would not be in my PB right now. Nobody was dealing in the beginning of 2022 except for Granger and maybe a couple of others.

Now whenever you buy a vehicle, almost any vehicle, and want to flip it in short order you will take it in the shorts. You just have decide if that is worth the pain. Since your truck is basically new, and you do not need a new one quickly, you may want to explore ordering a 2025 or looking for a 2024 left over. That is as long as you do not mind the hit. That will stretch out the hurt a little and maybe people will be dealing more heavily. It does look like the pendulum is swinging back to a buyers market. The downside of this is your current truck may be worth less.

Good luck with whatever you decide to do and loving what you got, is never a bad way to go.

 

[Forumlurker24]

Just a couple of notes from me. I had a 99 Ranger XLT and loved it but when looking for a Powerboost that 4A was a big factor in moving up to the Lariat. With that said I have yet to use it so maybe a situation of "great to have but if you do not, do not fret".

2022's and 23's were the high point of a sellers market. Many people were paying over invoice in 2022 so if you got a deal for 7k under MSRP for a 2023 at the beginning of this year, that is not bad. For me and my 2022 if not for Granger Ford in Iowa, I would not be in my PB right now. Nobody was dealing in the beginning of 2022 except for Granger and maybe a couple of others.

Now whenever you buy a vehicle, almost any vehicle, and want to flip it in short order you will take it in the shorts. You just have decide if that is worth the pain. Since your truck is basically new, and you do not need a new one quickly, you may want to explore ordering a 2025 or looking for a 2024 left over. That is as long as you do not mind the hit. That will stretch out the hurt a little and maybe people will be dealing more heavily. It does look like the pendulum is swinging back to a buyers market. The downside of this is your current truck may be worth less.

Good luck with whatever you decide to do and loving what you got, is never a bad way to go.

A 99 ranger to a new f150 is a huge jump!

Yeah I can imagine 4a wouldn't be useful that often. I was planning on tuning it and it would be nice to not have to switch back in forth between 4h and 2h(not that you can even tune a 2023)

I've read around in the forums and seen a 4a swap is possible and not very difficult or expensive. I was planning to go this route until I realized I want a powerboost. So now I'm holding back on all the mods I'm planning for it. Honestly the dealer could've told me I would've saved the difference between lariat and XLT on gas and I would've gone lariat.

The sticker makes it seem like the powerboost doesn't make much a difference like the ram etorque, but from what I've seen in the forums it would've gotten amazing mpg on my commuting situation.

I think I may just trade in for a used powerboost lariat in the next year. After this experience I've learned a new car isn't really a great idea unless you get a crazy deal on it.

Live and learn

 

[HammaMan]

Yeah, new trucks aren't selling so and 23s are on the lots still so You'd take a hit. But at the same time you're able to get up to 14k off a 24 so it may wash in the end. How many miles do you have?

The sweet spot for value is 302a w/ cams/bluecruise being part of it. Seats are easy to upgrade to heated/cooled if desired. I have 2 sets I need to get rid of. GA has some pretty good deals on 24s right now With this gen most come with basic BAP which is desperately needed for 302 and under

 

[Hans Moleman]

Yeah your deal is pretty cold considering that 2024s have been out for a while.

5 months ago I bought a new 2023 XLT 302a PB FX4 at $17k off MSRP. MSRP was $69k and price I paid was $52k.

Any 2023s remaining on lots should be had for $20k or more off MSRP now.

 

[Forumlurker24]

Yeah, new trucks aren't selling so and 23s are on the lots still so You'd take a hit. But at the same time you're able to get up to 14k off a 24 so it may wash in the end. How many miles do you have?

The sweet spot for value is 302a w/ cams/bluecruise being part of it. Seats are easy to upgrade to heated/cooled if desired. I have 2 sets I need to get rid of. GA has some pretty good deals on 24s right now With this gen most come with basic BAP which is desperately needed for 302 and under

I have 10k miles on it currently and i owe about 46k on it. According to kbb and most sites I can get about 50k max which seems kinda low.i dont Think they consider all of my packages though, I have a 302a with basically every package on it.

By ga do you mean Georgia?

 

[Forumlurker24]

Yeah your deal is pretty cold considering that 2024s have been out for a while.

5 months ago I bought a new 2023 XLT 302a PB FX4 at $17k off MSRP. MSRP was $69k and price I paid was $52k.

Any 2023s remaining on lots should be had for $20k or more off MSRP now.

Yeah I've been seeing them and it feels bad. I should've negotiated and left but I wasn't sure how long the 1.9 would last

 

[HammaMan]

I have 10k miles on it currently and i owe about 46k on it. According to kbb and most sites I can get about 50k max which seems kinda low.i dont Think they consider all of my packages though, I have a 302a with basically every package on it.

By ga do you mean Georgia?

Yep, no real package consideration since many things now come on it

 

[DEEPDOWN]

A 99 ranger to a new f150 is a huge jump!

Yeah I can imagine 4a wouldn't be useful that often. I was planning on tuning it and it would be nice to not have to switch back in forth between 4h and 2h(not that you can even tune a 2023)

I've read around in the forums and seen a 4a swap is possible and not very difficult or expensive. I was planning to go this route until I realized I want a powerboost. So now I'm holding back on all the mods I'm planning for it. Honestly the dealer could've told me I would've saved the difference between lariat and XLT on gas and I would've gone lariat.

The sticker makes it seem like the powerboost doesn't make much a difference like the ram etorque, but from what I've seen in the forums it would've gotten amazing mpg on my commuting situation.

I think I may just trade in for a used powerboost lariat in the next year. After this experience I've learned a new car isn't really a great idea unless you get a crazy deal on it.

Live and learn

I'm going to throw in my 2c for what that's worth: the 4A IS THE most useful for non-off roaders, and is my go-to in rain. AWD is the only option on slick roads, and a major factor in my going the Lariat (2021) and Tremor (2022) route. It's a shame that FoMoCo doesn't avail the option to XLT (and I assume they still don't?).

 

[Texcellent]

I feel your pain on this one…
I have a 23 XLT 302a w/ BAP and max tow. My work commuter and family vacation vehicle for towing purposes. I’ve put 26k on it in my 15 months of ownership. Considered trading in for 24 similarly equipped just to reset my mileage at this point.
Local dealer told me 40K on trade in… not taking a 22k loss in depreciation at only 15 months in.

 

[adyaro77]

Hi all,

I purchased my 2023 loaded XLT about 3 months ago, it's my first truck, my first domestic car and my first time buying a car. Overall I'm pretty happy with it besides some quality issues with interior trim rattling. Only regret is not getting a powerboost and 4a but that's on me

I got the truck 60k, a whole 7k under msrp at 1.9% and I thought I got such a great deal. I keep getting ads for current sales. Seeing a 2024 lariat powerboost fully loaded for 56k, and similarly equipped xlts going for 52k has been making me quite resentful. I would like to trade mine in but the 23s have seem to have depreciated a ton.

I put around 18k down(counting trade in) and would only get about 3k back for a trade( some people say dealers aren't taking 23 trade ins)making it kinda financially stupid to do so. I knew you lose alot of value right off the lot but didn't think it would be that much. What do y'all think? Anyone else feel similarly? What's the sweet spot for getting the most trade in value?

I have posted on here about my 23' Lariat a few times. MSRP was just under 78k. I added about 3k in Ford performance modifications. I put almost 10k down. I had an about another 7k in incentives and with x-plan. This was the truck I wanted for years. It ended up being a nightmare to own. Without going into all that I traded it in for a 24' XLT in June. Paid well under MSRP.

Since it was a 23' the dealership didn't want it. It was sold to a wholesaler. I was given 53k for it. It was missing a few things that made the 22' model year more attractive. Heated steering wheel and bed cam being the obvious features.

I have now owned my 24' for 6 weeks. It is on week 3 of being at the dealership.

The moral of this story. If you like the truck, if you can afford the truck, and most importantly is it a good dependable truck.... then leave it alone. I can't wait for the days where I just have to do oil changes and tire rotations.

The only reason I could justify bringing a check for the negative equity was because what I went through over the past 11 months. I figured cut my losses now.

Do I miss some of the lariat options? Yes. Can I live without them? Most definitely. You're just going to see me post on here about making modifications.

 

[PaulGrun]

Markets change all the time. Sometimes prices go up, sometimes down.
The key is if you were happy at the time you bought your truck in that current market.
I would say you got an excellent deal! (I paid full MSRP at the time I bought my ‘22 XLT. At the time, many folks were paying $5-10k over MSRP). Looking back and second guessing what might have been will drive you crazy. If we all waited until the (future, unknowable) “best deal” comes along, none of us would ever get anywhere. The key is that you got a VERY good deal at the time.
Enjoy your new truck!

 

[Superstock 3740]

Same here. It's my first Ford, and first truck. I'm 68 years of age. I wanted to get a 23 as I wanted a fully loaded truck with a 5.0, and starting with the 24's, Ford only offers a turbo'ed motor with a fully loaded model. It's exactly as I wanted, 5.0 with the 3.73 and all options. I was lucky as they were not building them with the auto shut off at stoplights because of the chip shortage. At 21,000 it is still dead quiet. Not a rattle anywhere. I changed out the Hanooks for a set of Michlin Defender M&S'2's. That was another good move, as its even smoother and quieter than when delivered. At 85 MPH the Truck is like butter. No complaints for me so far. I wish they would have the grab bar above the window instead of above the dash, and I wish they would have put the blinker arrows in the dash down low instead of up in the corners. My steering wheel covers them up and a couple times I have drove for miles not knowing my blinker is on. But if that's all you have to bitch about on a vehicle.... You don't have much to bitch about.

 

[gh8toes]

Hi all,

I purchased my 2023 loaded XLT about 3 months ago, it's my first truck, my first domestic car and my first time buying a car. Overall I'm pretty happy with it besides some quality issues with interior trim rattling. Only regret is not getting a powerboost and 4a but that's on me

I got the truck 60k, a whole 7k under msrp at 1.9% and I thought I got such a great deal. I keep getting ads for current sales. Seeing a 2024 lariat powerboost fully loaded for 56k, and similarly equipped xlts going for 52k has been making me quite resentful. I would like to trade mine in but the 23s have seem to have depreciated a ton.

I put around 18k down(counting trade in) and would only get about 3k back for a trade( some people say dealers aren't taking 23 trade ins)making it kinda financially stupid to do so. I knew you lose alot of value right off the lot but didn't think it would be that much. What do y'all think? Anyone else feel similarly? What's the sweet spot for getting the most trade in value?

When I was pricing out my 24 KR Powerboost, because Ford included options in the base vehicle that used to be ordered as separate options on the 23's, the 24 KR was actually cheaper than an identically equipped 23 KR, with the biggest difference being the Powerboost option was no additional charge. And then there were the quality issues with the 23s and prior, that were supposed to have been corrected with the 24s.

However, what should have been an enjoyable experience to order a new truck in October and be one of the first ones to receive a 24, turned into an endurance test, waiting for Farley to release the 24s. Even worse, knowing the truck was actually built in February, but watching it sit in some parking lot in the Rouge complex for months, collecting all the chemicals falling from the air. To make maters even worse, when they finally released it to the trucking company for delivery, it sat another 3 weeks while trucks that had just rolled off the assembly line, were being delivered before the trucks that had sat in the parking lot for months already. All those delays cost me thousands of dollars on my trade in value, that Ford had no intention of offering any type of compensation. So in the end, maybe the 24 was not cheaper than a 23.

Loyal customers who pre-ordered a 24, allowing Ford to efficiently schedule their production, received no loyalty or priority from Ford in return, and dealer stock orders were built ahead of custom orders. It is apparent Ford no longer cares about their customers and customer service is a thing of the past.

Farley is too busy trying to dig himself out of the costly mistake he made by devoting too much time, resources, and billions of dollars to his EV boondoggle, instead of taking care of his loyal customers and bread and butter profitable truck sales. I'm surprised the Ford family is keeping him around.

 

[spiritrider1]

In Jan 2021 I ordered a Job 1 2021 PB XLT 4x4 Sport with most desirable options - 302A package, 7.2Kw ProPower, LED throughout, sliding rear window, work surface center console, work surface tailgate with built in step, 360 copilot, surround lighting, adaptive cruise, lane keep, 12" Sync 4, etc.
Many options are still available but at a higher cost.
I was warned to stay away from a 1st gen product such as the hybrid and new electronics. But, I feel I came out ahead since my cost to get into a vehicle with all this tech was less than you have to lay out now, and in some cases, you can't get options on your build due to continued parts shortages or deletions or moving some options to higher level packages.
What I didn't get that I wanted on my XLT was heated steering wheel and cooled seats. I installed a heated wheel and enabled the on-screen function. I have not tackled the cooled seats and probably won't due to cost.
It just felt like Ford's plan to cut costs by downgrading trim levels in 22, 23, & now the new Gen cheapens the trucks while still charging more for them.
Removing simple things like LED license plate lights, interior lighting, downgrading the headlights on XLT's, etc. Even the Gen 13 center console sliding cubby door I had on my 2018 STX didn't make it to my 2021 XLT 302A.
To digress, if I had to replace my truck right now, I would pay $11k more and would not have nearly the same options due to model deletions or parts shortages.
I'm at 52K miles, 22.8mpg average over 42k miles when I started logging fill-ups. I switched to premium 93 gas in May to compare performance and efficiency. Over 2021 miles, My average went up .5-.7 mpg on my spreadsheet, but more telling is my 'real world' view: Over the past 6 fill-ups, I've only had 2 that were sub-24 mpg, which were 23.2 & 23.5. That also included a 700 mile trip to Galveston with my family of 5 and luggage to take a vacation cruise.
Final thoughts: I love my 2021 PB. It feels luxurious, does what I need it to, has tons of power, great efficiency, and has been very reliable. I am always looking at the new trucks but keep gravitating back to my own. But the most convincing thing to 'Staying Put' is my current loan balance of $26k and interest rate of 3.25%

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