Ford Ranger 3rd Gen

The third-generation Ford Ranger, sold from 1998 to 2012, was a significant update that introduced a new frame and a more modern short-long arm front suspension on 2WD models. It retained the simple, durable character of its predecessors with engine choices like the base inline-4, the workhorse 3.0L Vulcan V6, and the torquey 4.0L Cologne V6. For over a decade, it was one of America's most popular and reliable small trucks.

Today, the 3rd-gen Ranger is gaining collector interest due to 90s nostalgia and its status as one of the last true compact pickups. Most were used as intended, so finding clean, low-mileage examples is a challenge. Enthusiasts particularly seek out well-optioned models like the FX4 and especially the FX4 Level II, which included desirable hardware like a Torsen limited-slip rear differential, Alcoa wheels, and Bilstein shocks.

The market for these trucks is strong and diverse. With an average sale price of $11,245 across 183 recent transactions, there's a Ranger for almost any budget. While high-mileage work trucks remain very affordable, pristine, low-mileage 4x4s can push the $29,000 mark, showing a growing appreciation for these honest, simple machines.

Prices range from as low as $520 for projects to over $29,000 for top-spec, low-mileage examples.