Ultra-high-strength Martensitic 1400 steel is preferred in the automotive industry because of its high strength as well as its light weight. In this study, Martensitic 1400 steel was subjected to the V-bending process. As a result of 48 different tests, the amount of springback resulting from the V-bending process was determined. A finite element (FE) model was then created based on these experimental data. After it was determined that the experimental results concurred with the FE model, without performing new experiments, further analyses were carried out at different temperatures. Using the results of a total of 96 FE analyses, variance analysis was performed and the effects of the operation parameters on springback were determined. As a result of the study, it was concluded that the most effective parameter on springback in the V-bending process was the die angle and that holding time had no significant effect. It was observed that the springback increased in parallel with the punch radius and die angle and that increases in temperature reduced the springback.