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Recognized As The Best Certified Pre-Owned Full-Size Pickup, The F-150 Lightning Sets A New Standard For EV Value and Cost-Effectiveness
2 min read
By Michael Phoon • November 22, 2024
In a significant validation of electric vehicle (EV) value retention, the Ford F-150 Lightning has demonstrated that the transition to electric powertrains does not mean compromising on long-term value as it is recognized as the best certified pre-owned (CPO) value.
The Ford F-150 Lightning continues its winning streak, securing the top position in the full-size half-ton pickup segment at the 2025 Vincentric Best CPO Value in America Awards. This latest achievement follows the electric pickup’s previous recognition in both the U.S. and Canadian markets in 2024.
The F-150 Lightning distinguished itself from six competitors by demonstrating superior cost-effectiveness across multiple categories. The electric pickup achieved the lowest fuel, maintenance, and operating costs in its class, with total ownership costs coming in 12.3 percent below expected levels.
As a result, this victory adds to the F-150’s impressive legacy in the awards program, as the model line has now dominated the full-size half-ton pickup segment for nine out of the competition’s 12-year history.
“Vehicle cost of ownership is important to our customers,” stated Jim Baumbick, vice president of Ford Product Development Operations and Quality. “Earning Vincentric’s CPO Value Awards for our trucks, vans, and SUVs is a testament to our engineers and their dedication to designing durable, cost-effective vehicles that help minimize operating costs to help hold their value over time.”
The F-150 Lightning’s victory was determined through Vincentric’s comprehensive evaluation process, which analyzes eight different cost factors: depreciation, fees & taxes, financing, fuel, insurance, maintenance, opportunity cost, and repairs. The assessment was conducted across all 50 states and Washington D.C., assuming 15,000 miles of annual driving over five years.
The electric pickup was one of six Ford models to receive individual awards. Additionally, Ford secured two overall brand awards, highlighting the company’s broader success in producing value-retaining vehicles.
With the steady climb of the F-150 Lightning, the model’s recognition reinforces its position not only as a pioneering EV but also as a smart financial choice for buyesr in the certified pre-owned market, offering the flexibility of an electric pickup with proven value retention and cost-effective ownership.
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