Used F-150 Lightnings Are Flying Off Lots While New EV Trucks Collect Dust

Dealers can’t seem to move $75,000 electric pickups off the showroom floor — yet the same trucks, a couple of years older, are gone in under 40 days. That gap tells you almost everything about where the electric truck market stands right now.

Cox Automotive and Recurrent Auto data put used EV supply at 39.7 to 42.8 days, against 68 to 82 days for new EVs. Buyers are picking up roughly 1,260 to 1,400 pre-owned electric vehicles every day nationwide, up somewhere between 14% and 21% year over year. New EV daily sales, meanwhile, have dropped sharply.

The Ford F-150 Lightning sits right at the center of that shift. Early depreciation has done the heavy lifting, and 2022–2023 examples have settled into a firm $31,900–$45,000 band — full-size electric truck capability without the six-figure sticker shock.

What Used Lightnings Actually Cost

The pricing picture varies quite a bit by model year:

• 2022 models: around $39,600 average, with a range of roughly $28,999 to $50,200. This is where the cheapest Pro and XLT trucks live.
• 2023 models: about $43,150 average, spanning $31,900 to $54,400. Extended Range and Pro Power Onboard builds command the most interest.
• 2024 models: $54,347 average, from $35,995 up to $72,699 — mostly low-mileage certified pre-owned units.

Standard Range or Extended Range?

This is the decision that matters most, and sellers routinely get it wrong. The 98 kWh Standard Range pack is rated at roughly 230–240 miles of EPA range and tows 5,000 pounds (7,700 with the Max Trailer Tow Package). Fine for commuting and local work. Less fine for resale value.

The 131 kWh Extended Range battery pushes range to about 300–320 miles and output to 580 horsepower. More importantly, it unlocks 10,000 pounds of towing with the Max Trailer Tow Package, plus dual onboard chargers on 2022–2023 trucks for faster 80-amp home charging.

Buyer Tip: Extended Range was optional on XLT and Lariat but standard on Platinum and the 2024+ Flash. Confirm the pack size on the SYNC screen or the original window sticker before you hand over money.

Trims Worth Hunting For

The Pro is the pure work truck — vinyl seats, rubber floors, 12-inch SYNC screen — and the cheapest way into Lightning ownership under $35,000. **XLT and Flash** add carpet, heated seats and available 360-degree cameras; a 2022–2023 XLT Extended Range in the $38,000–$44,000 window is arguably the value pick of the whole lineup. Lariat brings leather, ventilated seats, a twin-panel moonroof and BlueCruise hardware. Platinum takes the biggest percentage hit on depreciation thanks to its high original MSRP, and its 22-inch wheels shave a little real-world range.

The Warranty Is the Quiet Advantage

Every used Lightning carries Ford’s 8-year / 100,000-mile high-voltage battery warranty, which stays with the VIN and transfers to the next owner automatically — no fees, no paperwork. Capacity is guaranteed to stay at or above 70%.

Better still, plenty of original owners bought a Ford Protect Extended Service Plan covering electronics, screens and HVAC for up to 8–10 years or 125,000+ miles. Those plans move between private parties for a $75 administrative fee through Ford. If you find a seller who added one, you’re effectively getting bumper-to-bumper coverage on a three-year-old truck.

Before You Sign

• Battery health: ask for an OBD-II scan. Liquid cooling has kept capacity retention around 93%–96% on trucks past 30,000 miles.
• Pro Power Onboard: base output is 2.4 kW, but the 9.6 kW setup adds a 240V/30A bed outlet that can run a job site or back up home circuits.
• Charging gear: confirm the Ford/Tesla NACS adapter and the dual-voltage mobile cord are still in the frunk.
• Home hardware: 2022–2023 Extended Range trucks originally shipped with an 80-amp Ford Charge Station Pro. Ask whether the wall box comes with the sale.

The used Lightning isn’t just surviving the EV slowdown. At under 40 days of supply, it’s showing exactly where smart truck money is going.