Which Trucks Hold Value Best After 5 Years?
Pickup trucks hold their value better in the United States than any other type of vehicle.
The three best-selling vehicles in the United States are full-size pickup trucks. And, according to data provided by iSeeCars.com, they also sit at the tippy top of the charts when ranked by overall depreciation. The average truck loses 40.4% of its value after its first five years on the road, though several trucks fare significantly better than that.
Trucks Ranked by 5-Year Depreciation (Difference from MSRP): |
|---|
Toyota Tacoma: 26.0% ($8,217) |
Toyota Tundra: 29.1% ($11,659) |
Ford Ranger: 34.7% ($11,472) |
Jeep Gladiator: 35.6% ($13,558) |
GMC Canyon: 38.1% ($14,644) |
Nissan Frontier: 38.3% ($12,284) |
Chevrolet Colorado: 40.9% ($13,050) |
Chevrolet Silverado 1500: 41.5% ($15,367) |
GMC Sierra 1500: 41.6% ($15,949) |
Honda Ridgeline: 42.4% ($17,013) |
Ram 1500: 42.8% ($17,241) |
Ford F-150: 43.4% ($16,236) |
Nissan Titan XD: 47.9% ($25,306) |
Nissan Titan: 48.1% ($22,459) |
Ram 1500 Classic: 48.1% ($18,634) |
The top six trucks on the list all perform better than the pickup truck segment average, led by the Toyota Tacoma. The Tacoma’s big brother, the Toyota Tundra, tops the list of full-size pickups. The top-performing American truck is the Ford Ranger, which falls into third place on the overall truck chart.
The Jeep Gladiator is an interesting entrant in the fourth position, losing 35.6% of its initial value over its first five years on the road. That’s just a little bit worse than the Jeep Wrangler’s 33.9% performance. “The Jeep Wrangler has been one of the best vehicles for retained value for decades,” said iSeeCars Executive Analyst Karl Brauer.
Overall, midsize trucks perform better than their full-size counterparts when it comes to depreciation. Midsizers from Toyota, Ford, GMC, Nissan, and Chevrolet all retain a higher percentage of their initial value than the full-size trucks they share space with on the dealership sales floor.
“Midsize trucks tend to outrank their full-size counterparts, suggesting more buyers prefer the balance of capability, cost, and size offered by midsize models,” said Brauer.
The bottom of the depreciation chart includes the Ram 1500 Classic, which is an older truck that Ram kept on the market as a lower-cost option to its most recent offering. The Nissan Titan and its heavier-duty XD sibling are the next worst performers. But it’s the Ford F-150, part of the F-Series of trucks that has been the best-selling nameplate in America for decades, that stands out in 12th place, which puts it below all of its most direct competition.
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Growing up in a family obsessed with performance and as the son of an automotive engineer, Jeremy Korzeniewski has spent his entire life as a car enthusiast. Also an avid motorcyclist, Jeremy has spent the last two decades writing about the transportation industry and providing insights to many of the largest automotive publications in the world.
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