Is America’s favorite pickup truck, the F-150, on the decline? This massive pickup isn’t attracting buyers like it used to, while competitors like the GMC Sierra 1500 are growing in popularity. Why are you experiencing declining sales?
Is the 2022 Ford F-150 the best-selling truck?
Yes, it remains the most popular truck for the 46th year in a row. Therefore, it can be difficult to feel sympathy for her as she struggles against declining sales. Accordingly, Ford Motor Company sales fell 2.2% in 2022.
You may still encounter supply chain disruptions, inflation, and production downtime. While the semiconductor chip shortage may continue into 2024, it’s not the only supply limitation.
Ford struggled with a shortage of rubber for the tires, a shortage of foam for the seats, hardtop supply problems, and even a blue oval badge shortage. Ford builds unfinished models of the F-150 and stocks them until the necessary parts arrive.
That’s why there are so many Ford F-150 trucks that look beautiful. Rows of trucks can be seen from space.
Additionally, the ongoing coronavirus (COVID-19) outbreak has not helped. Ford plants have faced closures to keep workers and their families safe.
It typically takes six to eight weeks for the all-new 2022 Ford F-150 to be manufactured and shipped. However, lead times have been as high as 30 weeks.
Also, 2022 fell off the map. Sales of the F-150 Hybrid decreased 41% compared to the third quarter of 2022 and 2021. It was rated as the least reliable truck.
How much does the 2022 F-150 cost?
Pricing for the 2022 Ford F-150 starts at $31,520, but the 2021 F-150 starts at $29,290. Now the 2023 Ford F-150 is $34,585. That’s a whopping $5,295 price increase since 2021.
Additionally, the 2023 F-150 has a delivery fee of $1,795, and prices listed are MSRPs. Not including agent trademarks. Adding a 4×4 to the 2022 F-150 costs between $3,425 to $4,645 depending on trim level.
Declining 2022 Ford F-150 sales may be related to inflation. However, that didn’t stop the drivers in December. Also, Ford could regain more F-150 sales in 2023 thanks to the addition of the F-150 Rattler, its new affordable off-road-oriented model.