With many trim levels available, the most sought-after was the First Edition. This trim was made as a limited edition with only 7,000 units made. Each one of these Broncos was sold as a pre-order to people who had been on the waitlist for months on end, the most impatient and excited of the bunch.
Part of the Bronco's original charm is its perky powertrain and excellent handling. It uses a twin-turbocharged 2.7-liter V6 engine that makes 310 horsepower. The Bronco First Edition has proven that it is capable both as a daily driver and an off-roader.
Judging by sold listings on eBay, the $126,500 auction price is very high for a Bronco First Edition. The most expensive one there went for $109,500. A handful of others went for over $100,000, but most sales have been in the $80,000 to $90,000 range.
The Bronco First Edition was limited to 7000 units, and they're all accounted for, but someone has already listed one on eBay in Long Island, NY, for an absurd price of $150,000.
A Ford Bronco will depreciate 52% after 5 years and have a 5 year resale value of $21,771. The chart below shows the expected depreciation for the next 10 years. These results are for vehicles in good condition, averaging 12,000 miles per year. It also assumes a selling price of $45,178 when new.
The Bronco is so exclusive that its scarcity has created a resale market making the vehicle's price skyrocket. The demand for the Bronco has made an expensive SUV even more expensive.
Ford is converting the 2021 Ford Bronco to the 2022 Ford Bronco. The 2022 Ford Bronco won't have an option to order a Bronco First Edition. This means that at least a few people who had ordered a 2021 Ford Bronco First Edition may be out of luck.
Ford had limited the production of the 2021 Ford Bronco First Edition to only 7,000 vehicles. With the Bronco being as popular as it is, that ensures a mad dash for these vehicles. Like most vehicles on the planet right now, the prices are skyrocketing due to demand and low supply.
The Ford Bronco has been a critical smash and a runaway sales success, even if delivering the vehicles has been challenging. The company now says it has sold nearly every Bronco it can build for the 2022 model year. Dealers will stop taking orders for new Broncos on March 8.
Ford also offers many of the Wildtrack's upgrades in the $5,000 Sasquatch Package.
The 2021 Ford Bronco is an elusive beast, indeed. After years of build-up, the Bronco hit the market at one of the strangest times in recent history for the automotive market. Between supply chain issues, COVID shutdowns, and massive demand, the new Ford Bronco delays have made them nearly impossible to get.
Orders for the 2022 Ford Bronco Sasquatch with the manual transmission are now open. The seven-speed manual is only available with the 300-hp turbocharged 2.3-liter four-cylinder engine. The Sasquatch package adds features including 35-inch all-terrain tires and a 1.2-inch lift.
The top-of-the-line Bronco Wildtrak starts at $46,980 for the two-door body style and $49,475 for the four-door (there's also a limited production First Edition trim that's even pricier). At both ends of the trim lineup, the Bronco costs more than most other compact SUVs.
How long is the wait for a Ford Bronco? The wait for a 2022 Ford Bronco is about six months to a year. But the waiting time could be different based on what's in inventory at your local Ford dealerships. Car and Driver recommends asking dealerships about exactly how long the wait is.
The First Edition can be spotted externally by its unique hood and side graphics, black hardtop, and safari bar over the front grille. Five colors are available: Cactus Gray, Area 51 (blue/gray), Rapid Red, Cyber Orange, and Lightning Blue.
However, Ford says it plans to build about 80,000 Broncos in 2021 and 160,000 in 2022.
“The Ford Bronco has been in high demand since its debut last year, and this demand has exceeded supply as inventory shortages have led to long waitlists for the vehicle,” said iSeeCars Executive Analyst Karl Brauer.
According to Bloomberg, Ford claimed it would punish dealers that sell for prices over MSRP by not allocating stock to them. However, the numbers show that four out of every 10 Broncos are up for grabs. In other words, dealers sell them to the highest bidder instead of a reservation holder.
The Ford Bronco enjoys above-average reliability ratings. Cars.com gave its 2021 model a rating of 4.8 out of 5.0, and 100% of the drivers on its site recommend it. Meanwhile, the car owners on RepairPal gave its models a 4.1 out of 5.0.
When the Ford Bronco was revealed in 2020 for the 2021 model year, the Base trim was priced at $28,500 for the two-door model, while four-door started at $33,200. It then got a price hike in 2021 for the 2022 model year, increasing the starting price to $29,300 for the two-door and $33,450 for the four-door.