For nearly three decades, Ford has been manufacturing the Ranger, its compact pickup truck model and cousin to the best selling Ford F-Series lineup of pickup trucks. Capable of accomplishing many of the work-ready tasks that the F-Series models can, but without the larger build and engine size of its cousins, the Ranger can benefit from a few strategic upgrades to achieve horsepower gains. Plus, like most trucks, the Ranger is not what one would consider a fuel efficient vehicle, but there are several upgrades that can also help with fuel economy issues. If you’d like to boost horsepower and fuel efficiency on your Ranger in one go, however, there are two add-ons that can help you do both, though their price points couldn’t be more different.

If you’re looking for the less expensive and easier to install option, try installing a Ford Ranger performance chip. Designed to alter the operations of your truck’s systems to eliminate potential responsiveness gaps, a Ford Ranger performance chip can boost your vehicle’s engine output by up to 60 HP. Pair that with a potential 4-7mpg in fuel savings and an under-30 minutes installation time, and you’ve got an add-on that accomplishes quite a bit. Plus, since a Ranger ECU chip can be purchased for under a hundred bucks, you won’t have to feel as though you’re emptying your bank account just to make your compact pickup drive a little faster and waste less gasoline.

If you’d rather go for the more powerful alternative, prepare to feel your wallet get a whole ton lighter. Though an aftermarket Ford Ranger turbo kit is likely to set you back a few grand, you’re also likely to see greater performance and efficiency gains from this installation. With potential for up to 400 extra horsepower and designed for vehicular efficiency, turbochargers can make your Ranger practically race-ready, so long as you bother to take a pickup truck on a street race.

Regardless, the installation time may be a little heftier than that of a performance chip, but your Ranger will be more powerful as a result, and able to challenge its larger pickup cousins more readily.