2024 Ford Ranger: 5-Year Total Cost of Ownership
Quick Answer
The 2024 Ford Ranger costs $45,205 to own over 5 years, or $753/month. The biggest expenses are depreciation ($15,293) and insurance ($10,980).
✓ Updated March 2026✓ Based on state insurance filings
5-Year Total Cost of Ownership
$45,205
$753/month • $1/mile
Cost Breakdown
Depreciation$15,293 (34%)
Insurance$10,980 (24%)
Fuel/Energy$10,043 (22%)
Maintenance$2,930 (6%)
Financing$5,600 (12%)
Registration$360 (1%)
Year-by-Year Costs
| Year | Depreciation | Insurance | Fuel | Maintenance | Total |
|---|---|---|---|---|---|
| Year 1 | $5,652 | $2,196 | $2,009 | $586 | $10,443 |
| Year 2 | $2,410 | $2,196 | $2,009 | $586 | $7,201 |
| Year 3 | $2,410 | $2,196 | $2,009 | $586 | $7,201 |
| Year 4 | $2,410 | $2,196 | $2,009 | $586 | $7,201 |
| Year 5 | $2,410 | $2,196 | $2,009 | $586 | $7,201 |
Key Facts
1-Year Depreciation
17% ($5,652)
5-Year Depreciation
46% ($15,293)
Annual Repair Cost
$762
Annual Maintenance
$586
These are estimates based on state averages. Your exact rate depends on your specific profile.
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