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2024 Ford F-150 Platinum (14th gen refresh, 2024+ MY) - front 3/4, exterior (auto show)

Car Reviews

2024 Ford F-150 Platinum Review: Price, Specs, MPG

In this article 11 sections

If you’ve been shopping for a 2024 Ford F-150 Platinum, you probably know Ford offers many trim levels, starting with the work-focused XL. 

Mid-range trims like the XLT use cloth, the Lariat adds leather and more features, and the Platinum sits near the top as the luxury-focused F-150. This review covers its specs, EPA mpg, price, recalls and what to check if you buy one used.

2024 Ford F-150 King Ranch SuperCrew (14th gen refresh, 2024+ MY) - rear 3/4 exterior, white (sibling luxury trim)
2024 Ford F-150 King Ranch SuperCrew (14th gen refresh, 2024+ MY), rear 3/4 exterior, white (sibling luxury trim). Photo: Deathpallie325, CC BY 4.0, via Wikimedia Commons

Platinum Level of Trim

The Platinum is the top luxury trim for most 2024 F-150 buyers, above the Lariat and King Ranch. If you want to do more off-road driving, the Tremor and Raptor are the better-suited models.

Exterior Changes

The 2024 model year brought a mid-cycle refresh, with restyled front and rear ends, a new grille and new LED headlights and daytime running lights.

2024 Ford F-150 Lariat SuperCrew PowerBoost (14th gen refresh) - rear 3/4 exterior, black
2024 Ford F-150 Lariat SuperCrew PowerBoost (14th gen refresh), rear 3/4 exterior, black. Photo: Deathpallie325, CC BY 4.0, via Wikimedia Commons

Badge for Platinum

On the Platinum trim level, and when they had the Limited trim level, there was a badge that said “Platinum” on the hood.

Design for the Back

At the back, the taillights and tailgate area were updated, and the 2024 refresh introduced the available Pro Access Tailgate, whose center section swings open like a door while the tailgate still folds down normally. It is still the 14th-generation F-150, so this is a refresh rather than a redesign. Power-deploying running boards drop down when a door opens.

Outside Features

2024 Ford F-150 Lariat V8 (14th gen refresh) - side profile exterior, silver
2024 Ford F-150 Lariat V8 (14th gen refresh), side profile exterior, silver. Photo: RL GNZLZ, CC BY-SA 4.0, via Wikimedia Commons

Hood vents add a sporty touch. Large polished wheels, up to 22 inches, are part of the Platinum look. The 3.5L PowerBoost hybrid shown here is one of several engines offered on the Platinum.

Engine and How It Works

2024 Ford F-150 Lariat FX4 (14th gen refresh) - front 3/4 / side exterior, red
2024 Ford F-150 Lariat FX4 (14th gen refresh), front 3/4 / side exterior, red. Photo: RL GNZLZ from Chile, CC BY-SA 2.0, via Wikimedia Commons

With the optional 3.5L PowerBoost hybrid, the 2024 Ford F-150 Platinum makes a combined 430 hp and 570 lb-ft of torque. A 47-hp electric motor and a battery under the cab help the twin-turbo V6, so it’s not just a standard 3.5L EcoBoost engine. It’s not a Super Duty, but it can tow more than 10,000 pounds when properly equipped. The EPA rates the 2024 PowerBoost 4WD at 22 city, 24 highway and 23 mpg combined, versus 19 combined for the 3.5L EcoBoost 4WD.

Inside Luxury

The cabin is the main reason to choose a Platinum. The leather seats carry Platinum badging, and the available Max Recline front seats fold nearly flat for a break on a long workday.

Comfort Inside

The heated, leather-wrapped steering wheel also wears a Platinum badge. Published reviews generally praise the Platinum’s quiet cabin and ride comfort, and the PowerBoost can move silently at low speeds on electric power.

Comfort in the Back Seat

Few vehicles offer more rear-seat space than a 2024 Ford F-150 Platinum, even compared with long-wheelbase luxury sedans. 

The SuperCrew has four full doors and a lot of space and knee room. That is true of every trim level with the SuperCrew cab.

Notes on the Back Seat

The Platinum adds heated rear seats and offers a panoramic sunroof, power outlets and USB-C ports.

The driver’s seat and other features inside

The door sill plates carry Platinum branding, and the power-deploying running boards drop down when a door opens.

What the Seat Has

The available Max Recline seats fold nearly flat for a rest during a break. They also offer a massage feature. That is an unusual feature for a pickup truck.

Drive Modes and the Instrument Cluster

The 2024 refresh made a 12-inch digital instrument cluster standard, and the PowerBoost can start and pull away quietly on electric power. 

The features list includes heated and ventilated front seats, a heated steering wheel and a 360-degree camera.

Digital Group of Instruments

The instruments are all digital, and you can switch between the different drive modes. Change it to “tow haul,” and it will look different. It also gives information about the trailer and other things you might need when pulling. 

The 2024 Ford F-150 Platinum offers Eco, Sport, Slippery and off-road drive modes, plus a 4A automatic four-wheel-drive mode that works much like all-wheel drive.

Features for Off-Road

In off-road mode, the cluster shows off-road information such as a compass and drivetrain status. 

Ford builds the F-150 in very large numbers. Ford says the F-Series has been America’s best-selling pickup for decades.

Modes of Driving

For work, the available Interior Work Surface turns the center console into a fold-out desk, and the Max Recline seats help on long breaks.

Performance and Weight

Payload depends on configuration, so check the door-jamb label. With 430 horsepower and 570 lb-ft of torque, the PowerBoost is the most powerful engine offered on the Platinum, though the Raptor R makes more. Ford does not publish an official 0-60 time.

Display on the head

An available head-up display projects speed and other information onto the windshield, which helps keep your eyes on the road.

Braking that works again

As a hybrid, the PowerBoost uses regenerative braking to recharge its battery when you slow down.

That recovered energy helps fuel economy. For audio, the Platinum uses a B&O Unleashed premium sound system.

How much

How much does an F-150 Platinum cost? A well-optioned PowerBoost Platinum can reach about $84,000; the 2024 Platinum starts in the low $70,000s. New-vehicle prices have risen sharply since 2020, and a loaded Platinum costs much more than it did a decade earlier. 

Mid-level trims like the XLT start far lower, though a loaded XLT can cost much more than its base price. A loaded Platinum includes most of the features Ford offers on the F-150, so options mainly come down to engine, wheels and packages.

Proposition of Value

Prices have risen sharply in recent years, so some shoppers expect a loaded Platinum to cost around $100,000. A well-optioned PowerBoost Platinum at about $84,000 costs less than that. For that money you get nearly every comfort and technology feature offered on the F-150. 

Even if you don’t tow much or always put a lot of stuff in the bed because, let’s face it, most people use trucks differently than they were meant to be used: as work vehicles. There is much room in the back for people to put their families in. Every feature you can think of, like seats that massage you and all the safety tech features. You can also pull your camper, boat, or anything else you need to draw.

Buying a Used 2024 Ford F-150 Platinum? What to Check

A 2024 Platinum is now often bought used or as leftover stock. Here is what to check first.

NHTSA recalls for the 2024 F-150

NHTSA lists 11 recall campaigns that include the 2024 F-150. Not every campaign applies to every truck, so check the VIN. The main ones are:

  • Steering: an incorrect fastener on the steering column lower shaft (24V329) and an incorrect steering rack that can fracture (25V022).
  • Engine: a misaligned engine cup plug on 3.5L engines that can cause a rapid oil leak (24V851 and 25V198).
  • Transmission: a valve body that can cause reverse gear failure (25V164).
  • Windshield bonding (24V486), integrated trailer brake control (26V104) and fuel tank mounting (26V578, filed in September 2026).
  • Rear axle hub bolts on trucks with the Trailer Tow Max Duty package (25V512), plus rearview camera software (25V315) and a missing airbag label (24V852).

Run the VIN at NHTSA and ask for proof that recall work was completed.

What changed after 2024

The 2024 refresh is still the current F-150 design. Ford continues to offer the 3.5L PowerBoost hybrid for 2026, and the EPA rates the 2026 hybrid 4WD at 22/24/23 mpg, the same as the 2024. So a used 2024 Platinum gives you the current styling and screens at a lower price than a new truck.

FAQ

Is Ford changing the F-150 for 2024?

Yes. The 2024 F-150 received a mid-cycle refresh with new styling and updated tech. However, you should always check with your local Ford store or the Ford website for the most up-to-date information on any changes or upgrades that might be available.

What is the F-150 Platinum package?

The Ford F-150 Platinum is a high-end trim level with high-end features and cutting-edge technology. In most cases, it has:

  • Some exterior features are chrome accents, LED headlights, and luxury wheels.
  • Some excellent features are leather seating, heated and cooled front seats, a high-end sound system, and an extensive touchscreen infotainment system.
  • A head-up display, advanced driving assistance systems, and a luxury interior package are some of the tech features that make this car stand out.

The F-150 Platinum is made to be a luxurious and enjoyable car to drive while still having the usefulness and power of a pickup truck.

Is Platinum or King Ranch better?

People often choose between the Ford F-150 Platinum and King Ranch models based on their preferences and needs.

There are some significant changes between the two trim levels, even though they both offer a lot of luxury and features:

  • Outside: The Platinum normally has a more modern and high-end look on the outside, with chrome accents and high-end features. On the other hand, the King Ranch looks more classic and rough, with darker colors and design elements based on Western style.
  • Inside: The King Ranch may have a more distinct and unique feel thanks to its Western-inspired design elements and materials, but both styles have beautiful interiors. The Platinum may have a more modern and high-end interior style.
  • Technology: Both trim levels have high-tech features, but the Platinum may have more advanced or unique choices.

In Ford’s lineup, the Platinum is priced above the King Ranch.

Does the 2024 Ford F-150 have recalls?

Yes. NHTSA lists 11 campaigns covering the 2024 F-150, including steering, engine oil leak, transmission and fuel tank issues. Check the VIN to see which apply.

What mpg does the 2024 F-150 Platinum PowerBoost get?

The EPA rates the 2024 PowerBoost hybrid 4WD at 22 city, 24 highway and 23 mpg combined.

Is the PowerBoost hybrid still available?

Yes. The EPA lists a 2026 F-150 PowerBoost hybrid in 2WD and 4WD form.

The bottom line

Related guides: our pickup truck hub and Toyota Tundra Body Styles: The Ultimate Truck Guide.

Pickup ownership has changed a lot in the last twenty years. The 2024 Ford F-150 Platinum is a strong choice if you want a luxury pickup that can still work. On a used 2024, check the recall list below before you buy. The Ford F-150 Platinum is one of the most luxurious pickups you can buy.

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