Ford currently produces one of the most impressive pickup trucks in the industry (and it’s not the Ford F-150). While the full-size pickup may be Ford’s best-selling model, there’s another one that’s garnering a lot of attention from consumers. The Ford Maverick is a unique compact pickup that’s smaller than any other truck in the American brand’s portfolio.

The Ford Maverick isn’t just interesting because of its size. It also attracts attention because it offers two powertrain options. Drivers can choose between a hybrid powertrain or a Ford EcoBoost turbo engine. The hybrid powertrain is a hit because it makes the small truck incredibly efficient. A small hybrid pickup truck might not have been desirable a few years ago, but the automotive landscape has evolved.

Now, Ford’s new pickup truck is selling like hotcakes. It’s so popular that the blue oval is paying it special attention with its recently unveiled reissue. The new Maverick is sure to earn drivers’ admiration, but what about older model years? How much have they lost value? The Ford Maverick Hybrid’s resale price after one year is surprising.

To provide you with the most current information possible, the data used to create this article comes from Ford and other authoritative sources, including Kelley Blue Book.

The 2023 Ford Maverick Hybrid is worth $22,253

Accordingly Kelley’s Blue Booka base model of the 2023 Ford Maverick Hybrid has a fair purchase price of $23,253. The fair market range for the 2023 Maverick Hybrid XL is between $22,253 and $23,729. The manufacturer’s suggested retail price of the 2023 Maverick Hybrid XL Four-Door SuperCrew SB from Ford is around $22,595. So the Maverick Hybrid has actually increased in value over time, which is unusual for a used vehicle.

Typically, new vehicles lose some depreciation over the course of a year due to mileage. The extra mileage on a vehicle puts stress on several mechanical components, which can lead to long-term problems that require professional maintenance. Although a single year of ownership does not result in a large depreciation on average, most new vehicles still lose hundreds of dollars in value over the course of a year.

So why are used, one-year-old Ford Maverick Hybrid models selling for above MSRP? The answer is simple: demand. Used vehicle appreciation may be unusual, but there are a handful of used cars that hold their value particularly well over time. One of those models is the Toyota Tacoma. Demand, along with the vehicle’s reliability and rugged design, means that used Tacoma models actually increase in value over time (in some cases). In other cases, old Toyota Tacoma models still command unusually high resale prices due to their extreme value retention.

It’s too early to say whether the Ford Maverick Hybrid will experience the same phenomenon as a used car, but the future looks bright for its value retention. The small hybrid pickup is unlikely to continue to appreciate in value as it ages, but its current depreciation rate suggests potentially above-average value retention. That means used models could age well, which is good news for current Maverick owners. If you’re looking for a used car, Ford Maverick Hybrid This may not be the best news.

How much does a new Ford Maverick 2023 cost

The 2023 Ford pickup truck was incredibly affordable when it was launched. Today, the 2023 model year seems even more affordable due to the current economic situation in America. Now let’s compare the original MSRP of the 2023 Ford Maverick to the market value of all available 2023 Maverick Hybrid trims.

Fair used purchase price for Ford Maverick compared to the original RRP

Ford’s small hybrid truck has increased in value in every trim level. Based on Kelley Blue Book’s fair purchase price estimates, the Maverick XLT Hybrid has aged the best over the course of a year. The base Lariat and XL models lag behind in value. So is a used Ford Maverick really worth it compared to a new model? How does the 2023 Ford Maverick compare to the current model year and the recently announced upcoming Ford Maverick?

Comparison of the Ford Maverick Hybrid 2023, 2024 and 2025

The biggest differences between the three Maverick Hybrid model years are fuel economy and starting price. The 2024 Ford Maverick Hybrid and 2025 Ford Maverick Hybrid are slightly more efficient than the 2023 model year. Together, they get an extra mile per gallon, which equates to a few more miles of range on a full tank of gas.

Another major change is optional all-wheel drive for the 2025 hybrid model. Ford is offering a new towing package for the 2025 Maverick that increases the maximum towing capacity with four-wheel drive to 4,000 pounds. Not bad for such a small truck.

Ford Maverick – Technical data

Note that the 2024 Ford Maverick Hybrid XL costs just $667 more than the fair market price of a 2023 Ford Maverick Hybrid XL. So, if you’re choosing between the 2023 model year and the 2024 model, a new 2024 model is a better choice because it has fewer miles. It might cost a little more than a used model, but ultimately, the new model is well worth its initial price compared to a used 2023 Ford Maverick Hybrid due to the mileage. The price difference between the 2024 and 2025 Ford Maverick Hybrid is $3,970, so drivers might be better off jumping on the current model rather than waiting for the upcoming Maverick.

Reliability issues with the Ford Maverick Hybrid

The 2023 Ford Maverick has been recalled eight times by the National Highway and Traffic Safety Administration. The most recent recall was in May due to a potential loss of propulsion power that could lead to a crash. That recall affected 8,727 models. Another recall in late April involved defective taillights. That recall affected a whopping 242,669 Maverick models. The main problem areas of the 2023 Ford Maverick are generally the vehicle electronics and the body panels.

The 2024 Ford Maverick has been recalled five times so far. The most recent issue was the loss of drive power, which also affected the 2023 models. Ultimately, the Maverick is quite reliable, but it is not without its problems. This is an affordable pickup truck, not a problem-free one.

Warranty for the Ford Maverick Hybrid

The 2024 Ford Maverick Hybrid comes with a three-year/36,000-mile basic bumper-to-bumper warranty. Based on average American annual mileage, drivers will likely hit 36,000 miles in just over two years. There’s also a five-year/60,000-mile powertrain warranty and an eight-year/100,000-mile hybrid component warranty. So the Ford Maverick Hybrid is covered when it comes to its major mechanical components. It may not be the most reliable truck on the market, but the nameplate is still very new. If the blue oval can successfully address the Maverick’s build quality deficiencies, it could potentially become even more popular over time.

The 2023 Ford Maverick has aged well over the past year, but the 2024 Ford Maverick is a better deal for the money since the two trucks are so close in price. The 2025 Ford Maverick offers plenty of new options, but if you can forgo the optional all-wheel drive, the 2024 Maverick Hybrid remains the better deal.