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Own a 13th-generation Ford F-150 (2015-2020) and wonder if you should upgrade to the latest 2021+ Gen 14 model? Well, trading in your 2020MY or older F-150 might not be necessary so far for reasons mentioned here. As 2021 F-150 specs become available we'll have a better idea.
www.carscoops.com
"While Ford has yet to release full engine specifications and performance figures for the 2021 F-150, it’s pretty obvious that the new model represents an overall more robust and high-tech package compared to its predecessor.
However, if you only care about the utility factor, trading in your 2020MY F-150 may not be necessary. It really depends on how you generally use your truck. In any case, you’ll have to wait until this fall to take delivery."

How Does The New 2021 Ford F-150 Pickup Compare To Its Predecessor? | Carscoops
The Ford F-150 is America's best seller, so the 2021MY has some big shoes to fill

"While Ford has yet to release full engine specifications and performance figures for the 2021 F-150, it’s pretty obvious that the new model represents an overall more robust and high-tech package compared to its predecessor.
However, if you only care about the utility factor, trading in your 2020MY F-150 may not be necessary. It really depends on how you generally use your truck. In any case, you’ll have to wait until this fall to take delivery."