Ford - Maverick (1998)

The Ford Maverick has long been a favorite for buyers seeking dependable performance in a compact truck body. In the 1998 model year, this vehicle was praised for its solid build and versatile utility, while still keeping costs reasonable for budget-conscious consumers. Understanding the current Ford Maverick price can be challenging, as values change with market demand, mileage, and condition. This guide offers a comprehensive look at the key specifications, typical depreciation trends, and market context that help buyers estimate the realistic cost for a 1998 Ford Maverick or any used model.

Key Specifications

• Engine: 2.3L I4 (internal combustion) – reliable and fuel-efficient, popular across the Maverick line.
• Transmission: 4‑speed automatic or manual (depending on trim); early ‘90s models favored the manual for better control.
• Fuel Type: Regular gasoline; some later models offered diesel options.
• Dimensions: Length 166.8 in, Width 70.5 in, Height 68.6 in – compact enough for city roads yet roomy for cargo.
• Payload: Up to 1,000 lbs; gross combination weight rating (GCWR) around 4,700 lbs.
• Drive: Front-wheel drive (FWD) in most trims, with some high‑performance models featuring all‑wheel drive (AWD).
• Safety: Dual airbags, anti‑roll bars, and a rearview camera on newer variants; the 1998 Maverick had standard side‑air airbags but lacked advanced driver assistance systems.
• Interior: Basic fabrics, customizable with optional leatherette installs; standard seats and climate control, upgraded to dual‑zone air‑conditioning in higher trims.
• Trim Levels: XL (base), XLR (mid‑range), XLT (top), and limited versions offering better styling widgets.

Depreciation Insight

Depreciation is a critical consideration for buyers aiming to match a desirable Ford Maverick price with long‑term value. For a 1998 model, typical forecasts break down as follows:

• First year: Vehicles commonly lose 15‑20% of their original purchase cost, especially if the buy pre‑date new ownership or early showcased model year.
• Second through fifth year: Average depreciation slows to 5‑10% annually, driven by lower mileage and newer technology competing for market share.
• Beyond five years: Price decline often stabilizes at a gradual 3‑5% yearly rate, heavily influenced by overall demand for used small trucks.

Because the Ford Maverick depreciation curve sticks closely to the middle of the small/utilitarian truck segment, informed buyers can expect a well‑maintained 1998 model to fetch between an estimate of 18‑22% of its original MSRP after five years. These numbers vary by region and condition, but they provide a useful baseline when evaluating any used Ford Maverick price range.

What Is a 1998 Ford Maverick Worth?

When the question “what is a 1998 Ford Maverick worth” arises, the answer hinges on three core factors: mileage, overall condition, and service history. Readers often look for benchmarks such as classic listings or heritage databases:

• Low mileage (under 60,000 miles): A well‑documented service log can drive the vehicle’s value up by roughly 10‑20% over a similar mileage model.
• Mid‑range mileage (60,000‑120,000 miles): This is the sweet spot for most potential owners, balancing affordability with longevity.
• High mileage (over 120,000 miles): Prices soften considerably as mechanical wear becomes a greater concern; buyers typically cushion their purchase with a 3‑year maintenance plan.

Ultimately, a 1998 Maverick in good shape typically garners offers in the modest to mid‑three‑figure range, depending on market/condition. Prospective buyers should look for trim‑level specific data from reputable dealers or peer‑to‑peer marketplaces, rather than relying on anecdotal price statements.

Comparison Context

When comparing the 1998 Ford Maverick to contemporaries, several similar models emerge as fair benchmarks:

• 1999 Ford Ranger: Slightly larger dimensionally, offers more payload but at a comparable price level.

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