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Pickup trucks with the best resale value in 2021

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We all know any vehicle you buy loses value as soon as you drive it off the dealer lot. But if resale value for trucks is important to you, you need to see this new study from iSeeCars.com, which ranks depreciation during a 5-year period.

You probably won’t be surprised to learn that Toyota trucks hold their value the best (by A LOT) and Nissan trucks are the worst – both for full-size and midsize trucks.

But it’s the middle bit that surprised us.

Because this is a 5-year study, you won’t see newer trucks like the Ford Ranger or Jeep Gladiator on here – both of those trucks were released for the 2019 model year, so we still have a few years before they’ll show up in studies like this.

But we would have thought the Ford F-150, which has decent reliability ratings, would be No. 2 on the list. Instead, we see the GMC and Chevy trucks taking No. 2 and 3 spots, respectively on both lists.

But whenever we look at reliability ratings for these trucks, they’re usually fighting with the Ram 1500 for last place.

If you look at last year’s rankings, you don’t really see a lot of variability. So, even though Ram is making strides to improve reliability and the Frontier is new for 2022, it’s going to take time for any changes to make a dent on owner’s perceptions and overall resale value.

Full-Size Truck 5-Year Depreciation

RankVehicleAverage 5-Year Depreciation
1Toyota Tundra19.5%
2GMC Sierra 150030.7%
3Chevrolet Silverado 150031.0%
4Ford F-15031.7%
Full-Size Pickup Truck Average:31.8%
5Ram 150035.2%
6Nissan Titan XD38.8%

Midsize Truck 5-Year Depreciation

RankVehicleAverage 5-Year Depreciation
1Toyota Tacoma13.8%
Midsize Pickup Truck Average21.4%
2GMC Canyon25.6%
3Chevrolet Colorado27.1%
4Nissan Frontier27.8%

The bottom line on trucks resale value

We say this a lot, but here it goes again: The heart wants what the heart wants. Which is why we think GM trucks are high on the list – owner loyalty is strong. But if you want something that’s reliable and will resell well, you’ve got to go with Toyota.

Curious about other vehicles’ resale values? Be sure to check out the full study.

Editor’s note: iSeeCars.com analyzed more than 800,000 used cars from model year 2016 sold between January and August 2021. Heavy-duty trucks and vans, models no longer in production as of the 2021 model year, and low-volume models were removed from further analysis. MSRPs from 2016 were inflation-adjusted to 2021 dollars, based on data from the US Bureau of Labor Statistics. The difference in average asking price for each vehicle between its MSRP and its used car pricing was mathematically modeled to obtain the vehicle’s 5-year depreciation.

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Jill Ciminillo

Jill Ciminillo is the Managing Editor for Pickup Truck + SUV Talk as well as a Chicago-based automotive writer, YouTube personality and podcast host, with her articles and videos appearing in outlets throughout the U.S. Additionally, she co-hosts a weekly radio show on car stuff for a local Chicago station. Previously, Jill has been the automotive editor for both newspaper and broadcast media conglomerates. She is also a past president for the Midwest Automotive Media Association and has the distinction of being the first female president for that organization. Jill is also currently a juror for the North American Car, Utility and Truck of the Year (NACTOY).

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