What is the resale value of a Ford EcoSport Black?

Do you own the Black variant of the Ford EcoSport and want to know its resale value? We have you covered in this article!

The Ford EcoSport has been a sales hit for the Blue Oval; however, with production stopping in Europe and India, this compact crossover will not be available for much longer, which may affect residual values. How can you determine how much a Ford EcoSport Black is worth?

what is the resale value of a ford ecosport black?

How do I find out how much my Ford EcoSport Black is worth?

Using the AutoTrader website, here’s an easy way to find out how much your Corolla Cross is worth.

Use the “Value Your Car” tool on AutoTrader to estimate your car’s worth based on several parameters. To use this tool, follow these steps:

Go to AutoTrader
Click on “Value Your Car” in the top menu.
Enter your car’s make, model, year, mileage, and condition. You’ll also be able to select certain specifications.
Click “Get Valuation”.
Review the estimated value of your car.

Another option is to check similar models on AutoTrader to find out what your EcoSport is worth versus similar models on the platform.

Go to AutoTrader
Click on “Cars For Sale” in the top menu.
Type “Ford EcoSport Black” in the search bar and click “Search” or click here to search for Ford EcoSport models.
Browse through the listings to find cars similar to yours in terms of year, mileage, and condition.
Save the prices of the cars that match your search parameters.
Use the prices you found as a guide to estimate the value of your car.

What is the difference between trade and retail values?

There’s quite a substantial difference between trade- and retail values, with trade being significantly lower than the retail value (as much as 20% lower, in most cases). This is mainly due to the fact that there’s a mark-up for dealers built into the retail value – buying cheap and selling dear, as it were. Of course, these values are somewhat arbitrary and can be influenced by the popularity of your specific car in the second-hand trade, as well as a car’s reputation among pre-owned dealers. – Martin Pretorius, AutoTrader.

Read his article How to know how much your car is worth here.

Or take the quickest and easiest route to sell your car: Try our Instant Offer tool!

What affects the value of your EcoSport?

A variety of factors affect value, so let’s take a look at the obvious ones first:

The model year. The newer the car, the higher the price.
The car’s condition: The better the state of the car, the higher the price. Additionally, a complete service history raises value too.
Features: Additional features can also affect value, but it is not always a given that a car with more features will cost more than one with fewer features.
Location: Cars in high-demand areas frequently cost more than those in low-demand areas.
Demand: Cars with high demand typically fetch a higher price than those with low demand.

Do EcoSport models hold their value?

The EcoSport models retain around 70% of their value after two years if we compare pre-owned 2021 models to the new list price 2023. This could come down to a variety of factors:

Competitive pricing: The EcoSport competes within of the most hotly contested
Demand: There is a lower demand for the EcoSport Black towards the end of its lifespan.
Supply: Since the model is being discontinued, buyers may look elsewhere.
Practicality: The EcoSport may be less practical than its newer rivals.