Full-size Pickup Truck · what it costs new, what it’s worth used, and who has one near you.
The 1987 Ford F150 is a full-size pickup truck we track across the used market in Canada. A 74-year-old one keeps roughly 58% of a current model's market price — what actually matters over five years of ownership.
Median market price by vehicle age
Fuel economy & range: Natural Resources Canada (Open Government Licence — Canada). Safety recalls & owner-reported complaints: US National Highway Traffic Safety Administration (public domain); complaint shares are a relative signal, not a failure rate. Prices, payments, depreciation, listing counts and dealer inventory: Conquest market data; payment estimates use market-average terms and are not an offer of credit. Independent service — not affiliated with or endorsed by Ford.
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Owner-reported problems and open safety recalls
Most-reported problems
Across 96 owner complaints filed on the 1987 Ford F150
Share of complaints naming each system — a signal of what owners report most on this model, not a failure rate. The denominator is people who filed a complaint, not every owner. Complaints are filed with the US regulator; the same models are sold in Canada.
Safety recalls
3 campaigns issued by the manufacturer
Suspension · Front · Wheel Bearing
FRONT INNER WHEEL BEARINGS MAY NOT HAVE BEEN LUBRICATED ADEQUATELY AT TIME OF ASSEMBLY.
Campaign 87V077000
Wheels · Lugs/nuts/bolts/studs
WHEEL LUG NUT CONE ANGLES DO NOT MATCH LUG NUT SEATING ANGLES.
Campaign 87V140000
Fuel System, Gasoline · Delivery · Hoses, Lines/piping, and Fittings
SPRING LOCK FUEL LINE COUPLING MAY NOT BE PROPERLY ENGAGED.
Campaign 87V139000
Recall campaigns are manufacturer-issued and fixed free of charge. This is the US campaign set matched by year, make and model — it is not a check against a specific VIN, and Canadian campaigns may differ.