Ford Motor Co.’s new aluminum-bodied F-150 has a better resale value compared to the 2014 model thanks to reduced weight and better fuel efficiency, according to data from ALG, a division of TrueCar.
The automotive data company found that the 2015 pickup will retain 58 percent of its value after three years, up from 52 percent for last year’s truck. The F-150 has the second-best residual value among pickups, behind only the Toyota Tundra, which retains 63 percent of its original value.
Eric Lyman, ALG’s vice president, partner and development and editorial, said the jump is due to the dramatic redesign.
“The fact that it’s all new and has a higher residual is not unique to the marketplace,” Lyman said. “We see there’s always typically a big bump in what consumers are willing to pay with a new model year and all-new designed vehicle.”
A unique feature that did help the F-150’s value, Lyman said, is the fuel efficiency improvements thanks to about 700 pounds of weight savings from its aluminum body.
The most fuel efficient 2015 F-150 can get up to 26 miles per gallon on the highway — tops among all gas-powered full-size pickups and 29 percent better than last year’s truck.
Ford has said sales of the truck, which launched late last year, are going well. On a conference call with analysts and reporters Thursday morning, Ford said three shifts are at full-scale production in Dearborn, and the first production F-150 will roll off the line at its Kansas City Assembly Plant on Friday. The automaker will be at full production at both of its F-150 plants in the second quarter of 2015.
Ford said it added 2,700 new employees between facilities in Dearborn and Kansas City to produce the new truck.
Best resale values among 2015 pickups
■Toyota Tundra 4WD: 63%
■Ford F-150 4WD: 58%
■Chevrolet Silverado 1500 4WD: 51%
■GMC Sierra 1500 4WD: 51%
■RAM 1500 4WD: 46%
■Nissan Titan 4WD: 42%