10 Great Trucks With The Best Resale Value
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Resale value is something many drivers don’t consider when investing in a car - they ponder what they’re purchasing the vehicle for, but not necessarily what they’ll get when they sell. This factor is critical too, especially if you’re purchasing a truck. You might ask yourself - what are the trucks with the best resale value?
There have been many fluctuations in truck value, remaining steadily high above the original price forecast, which means there are many trucks that have a solid resale value for owners. Keep reading to learn about ten of our top picks for trucks with excellent resale value and what you’ll get if you sell yours today.
Toyota Tacoma
Toyota is often one of the trucks with the best resale value, so it makes sense that the iconic Toyota Tacoma will be at the top of the list. This vehicle offers exceptional value and, according to caredge.com, is only supposed to depreciate 33% after the first five years.
The Toyota Tacoma is a top-rated vehicle and receives excellent marks in the resale department. It boasts a gradual decline in value, unlike other vehicles that drop suddenly and without warning. The best aspect of vehicle from Toyota is that they offer a steady drop in value – not anything sudden and severe.
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Chevrolet Silverado 3500HD
Our next selection is the Chevrolet Silverado 3500HD. This vehicle is a little bulkier than the Toyota Tacoma, so it can be more practical for outdoor purposes. It also can be resold for an excellent amount.
According to caredge.com, the Chevrolet Silverado 3500HD will depreciate 27% after five years. This number is even better than the Toyota Tacoma, although it will experience a slightly deeper drop after the initial half-decade. Still, you can slightly negate this drop with maintenance and the timing of your sale.
Nissan Frontier
The Nissan Frontier offers more than just an excellent work truck shape - it provides excellent resale value. The pickup truck looks good, drives well, and will turn you a profit when it’s time to remove it.
According to caredge.com, the Nissan Frontier will depreciate 23% after the first five years of ownership. Once there, it will continue to dip every so often on a depreciation downwards. Keep an eye on the state of your Frontier to ensure you sell at the right point in its lifespan.
Toyota Tundra
The Toyota Tundra is an intense pickup selection, built for action and ready to go. It’s been on the market for two decades and has proven a sturdy build for anything from hauling lumber to small appliances.
According to caredge.com, the Toyota Tundra will depreciate 28% after the first five years of ownership. Once there, it takes a steeper dip in price point than others, so keep an eye out for its condition.
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Ford F-350 Super Duty
The Ford F-350 Super Duty takes the classic pickup truck and pushes it to the next level. It’s a beast on the road, and the resale value only adds to the already incredible experience drivers will have.
According to caredge.com, the Ford F-350 Super Duty will depreciate 19% after the first five years, which is excellent. It will remain steady, only dropping suddenly a few years later.
Chevrolet Colorado
The Chevrolet Colorado is a popular midsize pickup truck. Rather than pushing passengers to the wayside, this vehicle makes room for people and cargo in its well-equipped design.
According to caredge.com, the Chevrolet Colorado will depreciate 18% after the first five years of ownership. Once there, it will provide a steady decline until more sudden drops later in life.
GMC Sierra 3500HD
The GMC Sierra 3500HD is a solid truck with three available bed sizes. It offers a versatile trim lineup and ample power on the go.
According to caredge.com, a typical GMC Sierra 3500HD will depreciate 34% after the first five years. After this point, it will continue with sudden drops in value.
Ram 3500
The Ram 3500 is a pickup truck powerhouse with room for passengers and cargo in the back. It’s heavy-duty and made to break expectations.
According to caredge.com, the Ram 3500 is predicted to depreciate around 28% after the first five years of ownership. After this point, there will be a slight dip and then a steady decline in the life of the Ram 3500.
GMC Canyon
The GMC Canyon is another on our list of trucks with the best resale value. This classic pickup truck offers a solid towing capacity and excellent driving experience.
According to caredge.com, the GMC Canyon will depreciate 16% after the first five years of ownership. After this point, it will take a sudden dip so be prepared for that.
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Jeep Gladiator
Last up is the Jeep Gladiator, a car with a high resale value partially because of its durability and partially thanks to Jeep’s cult following. Also, Jeep cars exist to last.
According to caredge.com, the Jeep Gladiator will depreciate 22% after the first half of a decade of ownership. It will then dip yet remain in a steady and consistent decline.
Final Thoughts
Items from the Toyota Tacoma to the Jeep Gladiator are trucks with the best resale value, each providing a different driving experience. Of course, maintenance and driving play a role in the condition of your machine and, in turn, how much you will be able to sell it on the market.
We hope this information was helpful! If you’re investing in a car, carefully consider how much you will make when you sell it. Some vehicles are worth nothing, while others will provide nearly as much as what you paid, depending on the time of the sale.
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