The Ford Ranger can hold its value rather well on the second-hand market in South Africa, as evidenced by new data from AutoTrader.
The sales platform was kind enough to supply TopAuto with a breakdown of the bakkie’s sales statistics over the course of 2024, showing you will still need to spend around R466,559 to pick one up even if it has plenty of numbers on the odometer.
What a 2nd-hand Ford Ranger goes for
We asked AutoTrader if it could provide the year-to-date sales data for the current-generation Ford Ranger in South Africa to see how much it goes for on average.
More specifically, we only looked at the double-cab body style, as these account for roughly 80% of all the Rangers purchased in South Africa
To give a more detailed analysis, the data was also broken down into different mileages for 10,000km, 25,000km, 50,000km, 100,000km, and over 100,000km.
You can see how much a Ford Ranger double cab sold for on average at these different mileages in the table below:
Note that the numbers shown are for the car’s retail price, and not the wholesale value that an owner will receive when trading in their model.
| Mileage | Average price |
|---|---|
| 10,000km | R739,316 |
| 25,000km | R681,113 |
| 50,000km | R631,232 |
| 100,000km | R527,854 |
| > 100,000km | R466,559 |
Unfortunately, the stats didn’t specify which model or variants these figures were for, but filtering for the current-gen Ranger on AutoTrader shows a significant portion of double cab listings are for the Wildtrak (428 units), followed by the XLT (206).
These are two of the most popular lifestyle specifications for the bakkie, which helps to explain the high figure of R739,316 for a low-mileage example.
As a point of reference, the cheapest Wildtrak double cab currently retails for R886,900, which means the Ford is probably losing around 16.6% of its value after the first 10,000km.
That’s actually not bad considering that cars will see the biggest drop off in value during the first year of their lifespan, which speaks to how popular the vehicle is in South Africa.
As a reminder, the Blue Oval’s pickup is consistently one of the top three best-selling new cars in the country, so it’s not surprising that it holds up pretty well in the pre-owned sector thanks to high demand.
Looking at the other figures, we see the proportional loss in value is actually decreasing, as there is only a 7.8% drop from 10,000km to 25,000km, and another 7.3% to 50,000km.
Admittedly, there is a much bigger loss of 16.3% going from 50,000km to 100,000km, but this is a larger distance interval so the trajectory is largely the same.
It must be noted that the current-gen Ranger was only launched in South Africa in late 2022 meaning there aren’t that many of these that have done 50,000km or more yet.
It’s therefore more likely that the higher drop in value over this interval reflects the previous generation units, which have 82,000km on the odometre on average, according to previous data released by AutoTrader.
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