When it comes to purchasing a pickup truck, one major consideration is how well it will retain its value over time. Some models have proven track records of holding their worth better than others. Here’s a look at ten pickup trucks renowned for their strong resale value.
Toyota Tacoma
The Toyota Tacoma stands out in terms of value retention. The 2016 model, in particular, is known for its durability and reliability. This midsize truck is equipped with a strong V6 engine option, and its off-road capabilities have made it a favorite among enthusiasts.
Over time, the Tacoma has consistently shown lower depreciation rates, making it a wise investment for those looking to retain value. Learn more about Tacoma’s value retention.
Ford F-150
The Ford F-150 is a perennial favorite in the full-size truck segment. Models from 2015 onwards are particularly noted for their combination of power and technology. The aluminum body introduced in the 2015 model year helps with fuel efficiency and longevity, which contributes to its strong resale value.
The F-150’s popularity and demand in the market ensure that it holds its value well over time. Read more about its depreciation rates.
Chevrolet Silverado 1500
The Chevrolet Silverado 1500, specifically the 2014 model, has a reputation for maintaining its value. Known for its robust performance and variety of powertrain options, the Silverado provides reliability and capability.
Its strong build quality and comfort make it a preferred choice for many buyers, which helps it retain value over the years. Check out this study on vehicle depreciation for more insights.
Ram 1500
The Ram 1500, especially from the model year 2017, is celebrated for its smooth ride and luxurious interiors. Its unique coil-spring rear suspension offers a comfortable driving experience, which appeals to many buyers. The Ram 1500’s combination of style, power, and comfort contributes to its strong resale value, making it a smart choice for long-term ownership.
GMC Sierra 1500
With its bold design and powerful engines, the GMC Sierra 1500 is another pickup that holds its value well. The 2016 model is particularly noted for its tech features and upscale interior. This truck’s capability and refinement make it a desirable option in the used market, ensuring that it depreciates slower than many competitors.
Honda Ridgeline
The Honda Ridgeline, known for its unique unibody construction, offers a smooth ride and versatility. The 2017 model year introduced a redesign that enhanced its appeal with a more rugged look while maintaining its car-like driving experience. The Ridgeline’s practicality and reliability are key factors in its strong value retention.
Toyota Tundra
The Toyota Tundra is renowned for its reliability and longevity, with the 2015 model being particularly popular. Its robust V8 engine options and spacious interiors make it a great choice for those needing a dependable workhorse. The Tundra’s reputation for durability helps it maintain its value over the years, appealing to both new and used truck buyers.
Nissan Frontier
The Nissan Frontier, particularly the 2015 model, offers a solid option for those seeking a rugged and affordable midsize truck. Its simplicity and off-road capabilities contribute to its popularity and demand in the used market. The Frontier’s reputation for toughness and low maintenance costs helps it retain value better than some of its competitors.
Jeep Gladiator
The Jeep Gladiator, launched in 2020, combines the off-road prowess of the Wrangler with the utility of a pickup truck. Its unique appeal lies in its open-air driving experience and strong off-road capabilities. The Gladiator’s distinctiveness and the strong brand loyalty associated with Jeep contribute to its excellent resale value.
Chevrolet Colorado
The Chevrolet Colorado, particularly the 2016 model, is known for its balance of capability and efficiency. Its available diesel engine option and comfortable ride make it a versatile choice for buyers. The Colorado’s combination of performance and practicality helps it maintain its value, making it a worthwhile investment for those looking to buy a midsize truck.