2024 Ford F-150 Cost in New Mexico
Complete cost breakdown including taxes, insurance, fuel, and maintenance
Total 5-Year Cost
$63,564
Monthly Equivalent
$1,059
Sales Tax
7.57%
Annual Insurance
$1,748
Complete Cost Breakdown
Total Cost of Ownership
$63,564
Over 5 years in New Mexico
Monthly Equivalent
$1,059/mo
12,000 miles/year
Purchase Price
$38,630
Sales Tax
$2,924
7.57% in New Mexico
Registration
$400
5 years
Insurance
$8,740
$1,748/year
Fuel
$9,680
$1,936/year
Maintenance
$3,190
$638/year avg
Estimated Depreciation
$21,247
Your 2024 Ford F-150 will lose approximately $21,247 in value over 5 years
Vehicle Type
Pickup
Fuel Economy
22 MPG combined
Reliability Rating
3.5/5.0
New Mexico Vehicle Costs
Sales Tax Rate
7.57%
State: 4.875% + Local: 2.69%
Avg Insurance
$1,520
Ranked #33 of 50 states
Registration Fee
$80
Per year (average)
Gas Price
$3.55
Per gallon
Frequently Asked Questions
What is the total cost of owning a 2024 Ford F-150 in New Mexico?
The total 5-year ownership cost is approximately $63,564, which includes the purchase price ($38,630), sales tax (7.57%), insurance (avg $1,520/year), fuel, maintenance, and registration fees.
How much is insurance for a F-150 in New Mexico?
The average annual insurance cost in New Mexico is $1,520. For this F-150, the estimated annual insurance is $1,748, which may vary based on your driving record, age, and coverage level.
What are the registration fees in New Mexico?
In New Mexico, the average annual vehicle registration fee is $80. This may vary based on the vehicle's age, weight, and value.
Is a F-150 expensive to maintain?
The 2024 Ford F-150 has a 5-year maintenance cost of approximately $3,190, with a reliability rating of 3.5/5.0, making it moderately reliable.
Customize Your Calculation
Calculate Ownership Cost
MSRP: $38,630 • Pickup
Sales Tax: 7.57% • Insurance Avg: $1,520/yr
How long do you plan to own the vehicle?
Average: 12,000 miles/year