LOTS of used Raptors with very low mileage

[Tailwagger]

My computer readout is a tad pessimistic or optimistic depending. If you go by the MPG number it reads about 1/2 an MPG high (as measured at the pump), but if you go by miles traveled and miles remaining its a little low. Right now my computer is saying 20.4 on the current tank, but the total range is around 395 which at 20.3 gallons is around 19.5. IIRC last tank said 19.8, actual at the pump was 19.4, so pretty close.

Being mostly suburban/rural use 30-50mph my truck is generally just idling down the road at around 12-1400 RPM. Hit 5k every now and again either out of necessity for a pass or just for the sheer pleasure of it.

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[Johnny 5]

My dealer just emailed me and my wife wanting to buy our Ranger Raptors, maybe the dealers can make a good profit and help people that really didn't want the "vehicle" get out of it?

 

[Chassis N2531]

8600 miles and just routine oil changes. Really happy with it.

 

[daytoncarter]

You're not imagining things, and it's not bizarre at all if you've been watching the broader economic signals. This was completely predictable. The rows of low-mileage Ranger Raptors are the result of a specialty vehicle colliding with the end of a market bubble.

Here's exactly what's going on:

1. The Failed Flippers: A significant chunk of those listings are from people who thought it was still 2022. They saw the insane markups on Broncos and F-150 Raptors and assumed they could do the same with the Ranger Raptor. They ordered one 12-18 months ago, finally took delivery, and tried to flip it for a quick $10k profit. They quickly discovered that in a world of 9% interest rates, nobody is paying a premium. The party is over, and now they're panicking and trying to unload it before they get stuck with a massive payment on a second or third vehicle. The listings with under 2,000 miles are the dead giveaway.
2. The Economic Reality Check: This is the bigger group. These are the buyers who stretched their budgets to the absolute limit because of hype. The reality of an $1,100/month payment hits differently when your grocery bill is still 30% higher than it used to be and your credit card debt is sitting at 22% interest. After 6 months of financial strain and realizing they can't afford to actually use the truck as intended (fuel, maintenance, trail repairs), they're forced to sell. It's a classic case of a discretionary toy being the first thing to go when the budget gets tight.
3. It's Not an F-150 Raptor: Long-term, the Ranger Raptor was never going to have the same cult following or hold its value like its big brother. The F-150 created and defined its segment. The Ranger, while fantastic, entered a now-crowded market against the Colorado ZR2, Canyon AT4X, and the new Tacoma TRD Pro. It's a niche truck in a competitive field, not a legendary icon. That always translates to faster depreciation.

You are absolutely correct: this is going to crater the resale value. A massive glut of supply from panicked flippers and financially-strapped owners is flooding a market where the pool of qualified buyers is shrinking by the day. It's a perfect storm for depreciation.

 

[bigb]

You're not imagining things, and it's not bizarre at all if you've been watching the broader economic signals. This was completely predictable. The rows of low-mileage Ranger Raptors are the result of a specialty vehicle colliding with the end of a market bubble.

Here's exactly what's going on:

1. The Failed Flippers: A significant chunk of those listings are from people who thought it was still 2022. They saw the insane markups on Broncos and F-150 Raptors and assumed they could do the same with the Ranger Raptor. They ordered one 12-18 months ago, finally took delivery, and tried to flip it for a quick $10k profit. They quickly discovered that in a world of 9% interest rates, nobody is paying a premium. The party is over, and now they're panicking and trying to unload it before they get stuck with a massive payment on a second or third vehicle. The listings with under 2,000 miles are the dead giveaway.
2. The Economic Reality Check: This is the bigger group. These are the buyers who stretched their budgets to the absolute limit because of hype. The reality of an $1,100/month payment hits differently when your grocery bill is still 30% higher than it used to be and your credit card debt is sitting at 22% interest. After 6 months of financial strain and realizing they can't afford to actually use the truck as intended (fuel, maintenance, trail repairs), they're forced to sell. It's a classic case of a discretionary toy being the first thing to go when the budget gets tight.
3. It's Not an F-150 Raptor: Long-term, the Ranger Raptor was never going to have the same cult following or hold its value like its big brother. The F-150 created and defined its segment. The Ranger, while fantastic, entered a now-crowded market against the Colorado ZR2, Canyon AT4X, and the new Tacoma TRD Pro. It's a niche truck in a competitive field, not a legendary icon. That always translates to faster depreciation.

You are absolutely correct: this is going to crater the resale value. A massive glut of supply from panicked flippers and financially-strapped owners is flooding a market where the pool of qualified buyers is shrinking by the day. It's a perfect storm for depreciation.

I agree. I'm seeing cracks appearing in housing and rentals as well. Rental vacancies are rising, rents are softening. Home sales have almost come to a halt, mortgage & re-fi applications are way down and prices are dropping. This actually started quite a while ago but wasn't too apparent till recently. We are now in a period of economic shrinking. You don't even have to look at the news, much of which is skewed anyway. You just need to look around and see what's happening in your neck of the woods. For those of us who have been around for a while it feels pretty familiar.

If you're cash rich there will be some bargains out there.

 

[Novastar]

You're not imagining things, and it's not bizarre at all if you've been watching the broader economic signals. This was completely predictable. The rows of low-mileage Ranger Raptors are the result of a specialty vehicle colliding with the end of a market bubble.

Here's exactly what's going on:

1. The Failed Flippers: A significant chunk of those listings are from people who thought it was still 2022. They saw the insane markups on Broncos and F-150 Raptors and assumed they could do the same with the Ranger Raptor. They ordered one 12-18 months ago, finally took delivery, and tried to flip it for a quick $10k profit. They quickly discovered that in a world of 9% interest rates, nobody is paying a premium. The party is over, and now they're panicking and trying to unload it before they get stuck with a massive payment on a second or third vehicle. The listings with under 2,000 miles are the dead giveaway.
2. The Economic Reality Check: This is the bigger group. These are the buyers who stretched their budgets to the absolute limit because of hype. The reality of an $1,100/month payment hits differently when your grocery bill is still 30% higher than it used to be and your credit card debt is sitting at 22% interest. After 6 months of financial strain and realizing they can't afford to actually use the truck as intended (fuel, maintenance, trail repairs), they're forced to sell. It's a classic case of a discretionary toy being the first thing to go when the budget gets tight.
3. It's Not an F-150 Raptor: Long-term, the Ranger Raptor was never going to have the same cult following or hold its value like its big brother. The F-150 created and defined its segment. The Ranger, while fantastic, entered a now-crowded market against the Colorado ZR2, Canyon AT4X, and the new Tacoma TRD Pro. It's a niche truck in a competitive field, not a legendary icon. That always translates to faster depreciation.

You are absolutely correct: this is going to crater the resale value. A massive glut of supply from panicked flippers and financially-strapped owners is flooding a market where the pool of qualified buyers is shrinking by the day. It's a perfect storm for depreciation.

I just got out of a blue state and thank goodness everything I buy has almost cut in 1/2. My rent is 1200 cheaper. Went form a 3 bedroom apartment to a 4 bedroom house. To fill up my truck went form 80+ to $37. Oil change at the Ford dealer went from $150 to $95….. the economic problem Is blue states lol

 

[daytoncarter]

I just got out of a blue state and thank goodness everything I buy has almost cut in 1/2. My rent is 1200 cheaper. Went form a 3 bedroom apartment to a 4 bedroom house. To fill up my truck went form 80+ to $37. Oil change at the Ford dealer went from $150 to $95….. the economic problem Is blue states lol

Ah I'm in North Idaho now and everything is still expensive. It was better back in Tennessee but I prefer almost everything else about Idaho over Tennessee.

 

[Novastar]

Ah I'm in North Idaho now and everything is still expensive. It was better back in Tennessee but I prefer almost everything else about Idaho over Tennessee.

I totally get that. It can be hard finding that perfect balance of nice place to live vs cost of living there. I came from Cali. Beautiful place but prices that don’t make any sense

 

[Lion77]

Just about 16k miles without any issues so far aside from occasional trailer brake module fault. Pro Cal tuned since 5k miles. Mine was built in Nov 2024. Been doing oil changes at about 7k miles. With a tonneau cover and Pro Cal, I get around 20~21 mpg highway at 78 MPH cruising speed (last 134-mile trip I got 20.8 mpg).

Most of my driving is either cruising on highway or hot-rodding on back country roads in Sport Mode. Did Southington off-road course for a day just recently which is mostly slow speed 4x4 stuff, I didn't attempt anything crazy since it's a stock truck and not lifted, but it did great at anything I drove it on.

My only gripe is the factory side steps. They are cast aluminum and work well for side steps and rock protection, BUT they do limit ground clearance over rocks / rough terrain, so for 4x4 uses sliders would have been a much better option without taking away from it's Baja Nature (plus I personally love the look of angled sliders like the GOATs).

Given the cost difference of a RR vs. a TRD Pro, Trail Hunter or ZR2 Bison, it's still cheaper to mod a stock RR with a few things and those trucks will NEVER have a powertrain close to the RR's even when it's stock, forget about a Pro Cal tuned RR. They also won't ever have as good of suspension tuning for high-speed off-roading in dunes, dirt roads and other terrain that enables rally style driving. They also won't ever be enjoyable to drive on-road, which RR does pretty well at too.

When comparing the RR only to other pickups (Gladiator Rubicon, ZR2 Bison, Tacoma TRD Trail Hunter or Pro), I think it stacks up very comparably in 4x4 applications and blows the others out of the water for Rally / Baja / On-road uses. If 4x4 trails is your thing, a Wrangler Rubicon is hard to beat stock (or maybe a Sasquatch Bronco with sway bar disconnect), but those aren't pickups, so it's not really an apples-to-apples comparisons, so I'm sticking to pickup vs pickup.

Seriously, even just family trips, who doesn't like pushing that pedal to the floor and feeling 536 lb-ft of thrust with a 4.27 rear end when merging onto a highway from an no-ramp? A mundane thing turned into a moment of fun, but then I can take that same truck, go to Home Depot and load the bed with flooring, 4x8 sheetrock or throw all my range day stuff in it with ease...kind just checks more boxes than any other mid-sizer and does better at a wider variety of things than the other choices.

And for any of its deficiencies it's easy to apply a few small tweaks, so if you want a more 4x4 rough terrain focused setup, do a GOAT strut spacer lift and throw on 35's....that's comparable to a ZR2 Bison in ground clearance and bests the Gladiator / Trail Hunter for the cost of maybe $2k, but still not nearly as sluggish on-road as those are bone stock.

Sure, the platform has its mod limits, it's not as easy to push to extreme levels with tire sizes / lifts, but for 99% of realistic use cases, it either excels stock or can be significantly tweaked with just a few $k in simple mods without dramatically ruining its core focus and on-road drivability.

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