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Trucks with the Highest Resale Value

Highest Resale Value Cars

Trucks have long been one of America’s best selling vehicles. They’re built to be reliable, multipurpose, and long-lasting. That means that there are a lot of used trucks out on the road or sitting in someone’s garage or driveway right now.

Whether you’re looking to get rid of your truck, or looking to buy one that’s going to retain its value for years, it’s important to know the resale value of a truck. With hundreds of models out there, it can be tough to find the best trucks, but we’ve done the hard work for you. Read on for our list of the trucks with the best resale values.

Trucks have long been one of America’s best selling vehicles. They’re built to be reliable, multipurpose, and long-lasting. That means that there are a lot of used trucks out on the road or sitting in someone’s garage or driveway right now.

Whether you’re looking to get rid of your truck, or looking to buy one that’s going to retain its value for years, it’s important to know the resale value of a truck. With hundreds of models out there, it can be tough to find the best trucks, but we’ve done the hard work for you. Read on for our list of the trucks with the best resale values.

A great deal on a new vehicle will only stay great if the operating costs remain competitive, and the resale value is strong at trade-in time. A new report from Kelley Blue Book examines the latter.

KBB recently ranked vehicles on resale value and awarded top honours to the best 10.

The company’s annual Best Resale Value Awards recognizes vehicles for their projected retained value through the initial five-year ownership period.

In general, trucks and SUVs dominate in this category. Vehicles in these categories simply hold onto their value due to ever-rising demand. But all are not equal in this respect.

Toyota earns top honours for Best Resale Value Brand, a designation it last received in 2014, claiming four 2017 model-year winners.

Porsche captures the Best Resale Value Luxury Brand title for the first time ever with three model winners.

Other notable automakers among the list of 2017 Best Resale Value Award winners in 22 different categories include General Motors with an impressive seven models taking honours for its Chevrolet and GMC brands, Honda with four model winners, and Subaru, last year’s best brand winner, with four 2017 Best Resale Value Award wins.

When deciding to buy a car, one important factor to consider is how much that car will be worth it if you decide to sell it. If you know you sell your car every five years and buy a new one, for example, buying a car that will retain its value over those five years will help defray the cost of your new vehicle.

The automotive data and research site iSeeCars.com has compiled a list of the ten cars that experienced the lowest amount of depreciation over a recent five-year period. To create the list, the site examined sales of over 4.3 million vehicles from the 2013 model year to determine which models lost the least value five years later.

Resale value is an important factor to consider when purchasing a vehicle. Heavily depreciating vehicles can make it difficult to trade out if the vehicle is financed. This can result in negative equity. Purchasing a vehicle with a good resale value should help avoid and/or counteract this.

Depreciation is typically a vehicle’s biggest long-term ownership expense, and it easily tops insurance, fuel, and maintenance costs. The average new vehicle can be expected to retain 35.1% of its original value after five years, which means a typical $30,000 car or truck today will be worth just $10,500 in 2022.

Unless you hold onto a new vehicle for a decade or longer and literally drive it into the ground, it will pay you back at trade-in time to choose a car or truck that will hold onto its value more tenaciously than the norm. According to Kelley Blue Book’s annual Best Residual Values Awards, which cite vehicles that are expected to be worth the most money after an average five years on the road, the 2018 Toyota Tacoma full-size pickup truck will retain an industry-leading average 61.1% of its original transaction price. That makes a $30,000 example worth $18,330 in 2022, or over $7,800 more than the average vehicle cited above.

And keep in mind that the more a given vehicle costs upfront, the more important its residual value becomes, simply because there’s more money at stake to lose. It’s also a valuable asset to those who lease a new car or truck since monthly payments are largely based on the difference between a vehicle’s transaction price and its predicted worth at the end of the term, financed at a set interest rate.

Resale value projections are based on a variety of economic factors and historical data and can vary from one part of the country to another depending on local supply and demand issues. Underscoring the current market shift away from passenger cars and into more truck-like modes of transport, nine out of the ten models from the 2018 model year KBB says will return the highest five-year resale values are either pickup trucks or truck-based SUVs. Though domestic brands comprise half of the top 10 models, the top three slots are filled by Toyotas.

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Toyota Tundra

If you’re in the market for a full-size pickup truck, the Toyota Tundra should be on your radar.

Much like the Tacoma, the Tundra is built with quality and reliability in mind, which allows it to retain resale value better than other full-size pickups.

Kelly Blue Book has ranked the Toyota Tundra as the top full-size pickup truck for resale value multiple years in a row. For the Tundra, the resale value after five years is predicted at 57.2%, which makes it a great investment.

The Toyota Tundra is a well-rounded, capable full-size truck with a rock-solid reputation for reliability and quality. It can tow more than 10,000 pounds, offers a comfortable ride in a spacious cabin, and serves as an easygoing highway cruiser to take your family and your boat to your favourite weekend spot. This is a truck that’s built to excel during the workweek as well as on the weekend, filling the needs of even the busiest of households. The Tundra is built to last, and that is a big part of the reason its resale value is best in its segment for 2020.

Toyota Tundras experienced a 37.1% depreciation, on average.

Toyota always dominates the best resale value lists. This could be due to supply and demand as well as little to no discounts given on the trucks. In 3rd place for 2019 is the full-size Toyota Tundra.

2019 Model year Tundra’s come equipped with Toyota Safety Sense-P (TSS-P) as standard. A new SX package is available, and V8’s available in both Double Cab and CrewMax configurations. This half-ton has a towing capacity of up to 10,200 lbs.

The full-size Toyota Tundra pickup truck may not sell in big numbers like the domestic trucks, but it’s expected to return an average 54.2% of its original transaction price after five years.

Chevrolet Silverado 

Our next pick for pickup trucks with great resale value is a two for one deal. The Chevrolet Silverado comes in a couple of models, and they’re all designed with durability in mind.

The Silverado Heavy Duty comes in two models, the 2500HD and 3500HD. These trucks are designed to handle a serious workload during the week and built for towing and hauling your toys on the weekend. The full-size Silverado 1500 can still handle a decent workload and towing, but is more family and environmentally friendly.

The Silverado Heavy Duty trucks have an incredible predicted 5-year resale value of 60.1% while the Silverado clocks in at an impressive 52.7%, making both trucks good investments, especially if you like your pickup trucks American-made.

Predicted resale value after five years of ownership: 52.7% of the original sticker price

The highly capable Chevrolet Silverado offers a wide range of engines, trim levels and features, as well as innovative towing technology. 

If you are seeking high retained value, you are well-served by looking at trucks that are new to the market, and the all-new 2020 Chevrolet Silverado HD fills that bill admirably. The Silverado HD already had a good record for retained value, so when you add a new design with new features, the story simply gets that much stronger.

 The Silverado HD is longer, wider, and taller than the previous version, with a wheelbase that is 5.2 inches longer on crew cab models. And its maximum towing capability now hits 35,500 pounds, an increase of 52 percent. It is available in five trim levels: Work Truck, Custom, LT, LTZ, and High Country. The new, standard gasoline engine is a 6.6-litre V8 gas engine, rated at 401 horsepower and 464 lb-ft of torque matched with a six-speed automatic transmission. The other engine choice is the Duramax 6.6-litre turbodiesel V8 that produces 445 horsepower and 910 lb-ft of torque coupled with an all-new Allison 10-speed automatic transmission.

Chevrolet Silverado 1500s experienced a 39.7% depreciation, on average.

Lighter and longer, the 2019 Chevy Silverado gets a new 2.7-litre gasoline turbocharged engine option. Also new is the Duramax 3.0-litre diesel engine option. Available in eight trim levels, new for 2019 is the RST (street performance) and the LT Trail Boss (off-road).

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As with its chief rival, the previous F-150, the full-size Chevrolet Silverado pickup holds onto its value tenaciously, returning an estimated average 50.4% of its original transaction price after five years.

The current Chevrolet Silverado light-duty full-size pickup truck is locked in a perpetual sales battle with the Ford F-150, not to mention other great full-size trucks like the Ram 1500 and GMC Sierra. In an effort to give it broad appeal, the Silverado is offered in a wide variety of variations. Though Silverado pricing starts at under $30,000, it isn’t uncommon for today’s truck buyers to spend $70,000 on a luxury-equipped Silverado High Country.

 The Silverado offers a number of engine choices starting with the base 285-horsepower 4.3-litre V6, but most buyers opt for the conventional V8 engines of either 5.3 or 6.2-litres. Both the 6.2-litre V8 engine and 5.3-litre V8 are backed up with 10-speed automatic transmissions and feature active fuel management. Also available is a 2.7-litre 4-cylinder turbo engine with 8-speed automatic transmission and a 3.0-litre turbodiesel with 10-speed automatic transmission. Silverado’s braking system features Duralife brake rotors that protect against corrosion, offering up to double the service life compared to conventional rotors.

Highest Resale Trucks

2020 GMC Sierra 2500 HD

Like the Silverado HD, the 2020 GMC Sierra 2500 HD is all-new, and the similarities don’t stop there. The new Sierra 2500 HD is bigger than its predecessor in most dimensions, and it puts a special emphasis on towing because GMC has found that towing is a hot-button issue with most heavy-duty-truck buyers.

 An example is the Sierra HD’s ProGrade Trailering system, which features class-leading available 15 camera views — including a segment-first “transparent trailer view” to virtually see through a trailer in tow. In addition, the truck offers an available “smart trailer” designed to integrate the iN Command control system from ASA Electronics. It gives the ability to control select functions of compatible trailers through the myGMC mobile app. Finally, an available 15-inch-diagonal head-up display offers vehicle speed, navigation information, and an inclinometer display. The powertrain offerings are the same as the Silverado 2500 HD.

Predicted resale value after five years of ownership: 52.5% of the original sticker price

The versatile GMC Sierra offers a carbon-fibre truck bed, a tailgate that can be configured six ways, and a rearview camera that gives you excellent visibility, even when you tow a big trailer.

GMC Sierra experienced a 39.9% depreciation, on average.

Moving up one place this year on the list of vehicles with the best resale value is the 2019 GMC Sierra. An all-new design from General motors includes the Multi-Pro Tailgate with six different functions.

Other new features on the GMC Sierra include a colour heads up display, carbon-fiber cargo box, a new 3.0L turbodiesel option and it’s longer. Infotainment includes Apple CarPlay and Android Auto.

The GMC Sierra is the Chevy Silverado full-size pickup’s corporate cousin, and it goes a notch further by bringing an owner an average 51.9% of its original sticker price after five years.

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2020 RAM 1500

If you are seeking great utility but don’t want to sacrifice ride comfort and handling, the RAM 1500 might rise to the top of your shopping list. The RAM 1500 was fully redesigned for 2019, and its combination of technology and engineering has enabled it to win several Truck of the Year awards.

 The latest RAM pickup is significantly longer than the previous model, yet it is lighter by 120 pounds, and it delivers a big payload and serious towing capacity. It is available in three lengths, and each of them is longer than before, resulting in the most spacious cab in the segment. You won’t find a better interior in any truck than that in the 2020 RAM 1500. The available 12-inch fully configurable touchscreen enables you to control a wide variety of functions. An eTorque version of the Pentastar V6 is the standard engine in most trim levels. It’s rated at 305 horsepower and 269 lb-ft of torque. Also available is the 5.7-litre Hemi V8 delivering 395 horsepower and 410 lb-ft of torque with variable valve timing and cylinder deactivation.

Ram 1500s experienced a 42.7% depreciation, on average.

2020 Ford F-150

The Ford F-Series is America’s best-selling truck and led by the half-ton F-150; it has held that enviable spot for decades. Because of its sales success, Ford is able to offer the F-150 in a dazzling number of trim levels, cab sizes, and bed lengths.

 At the top of the F-150’s trim level array is the Limited SuperCrew Styleside that has an MSRP over $70,000, and if it doesn’t suit your fancy, another F-150s rival it for style, comfort, and equipment. At the other end of the scale, the F-150’s least-expensive version is the XL Styleside, a regular cab pickup with rear-wheel drive and a suggested list price of about $28,500. A 3.3-litre V6 with a six-speed automatic remains the standard power plant in the F-150, but there are plenty of alternatives: a 2.7-litre EcoBoost V6, 5.0-liter V8, 3.0-liter Power Stroke turbodiesel V6, and 3.5-liter EcoBoost V6. All are paired with a 10-speed automatic transmission. Trim levels include XL, XLT, Lariat, King Ranch, Platinum, and Limited, in addition to the off-road-oriented high-performance Raptor.

A new 3.0-liter Powerstroke diesel engine is available on the 2019 model year F-150’s. Ultra-luxurious features such as multi-contour massage seats are available on higher-end trims. Upgrades to infotainment systems now include compatibility with WAZE and Amazon Alexa.

The best-selling vehicle in the U.S. likewise holds on to its original value like a champ; however, you’ll find some variation between trim levels, the Ford F-150 full-size pickup truck will return an average 54.2% of its original cost after five years.

2020 Toyota Tacoma

To many observers, the Toyota Tacoma midsize pickup truck is the highest-quality, most-dependable truck in its segment. It is powered by choice of two durable engines: a 159-horsepower 2.7-litre in-line four-cylinder and a 278-horsepower 3.5-litre V6. Each engine can be equipped with a six-speed automatic transmission, and the V6 also offers a six-speed manual.

 The Tacoma’s Access Cab version offers rear-hinged rear doors, while the Double Cab has larger conventional rear doors and a more roomy interior that can seat five. Both rear-drive and four-wheel-drive versions are available with each cab style. Those looking for dedicated off-road versions will find them in the TRD Off-Road and TRD Off-Road Pro versions. And while earlier Tacomas lacked a bit in interior style, the 2020 Tacoma offers a contemporary, well-designed interior to complement its rugged quality.

If you’re looking for a midsize truck that will retain value year after year, look no further than the Toyota Tacoma. It’s long been one of the best selling midsize trucks due to its reliability and quality.

Toyota Tacoma has been endurance tested through off-road racing, and that endurance and toughness translates to its everyday use as a work vehicle or simply a family truck.

Kelly Blue Book, the authority in used vehicle values, has ranked the Tacoma as the top midsize truck for resale value a whopping six years in a row. The predicted resale value after five years of ownership is predicted at an astounding 60.6%, making it the best investment of the bunch. If you’re looking to sell your truck for cash after a few years without losing value, this is the truck for you.

Toyota Tacomas experienced a 29.5% depreciation, on average.

The Toyota Tacoma consistently ranks as a vehicle with the best resale value. This midsize truck also made the top of the best resale value list for 2018 and kept its spot for 2019.

Subtle changes are made for the 2019 year model Tacoma. Toyota has improved the ride quality and reduced cabin noise for this off-road capable pickup.

Kelley Blue Book estimates the midsize Toyota Tacoma pickup truck will return the highest resale value among all 2018 vehicles after five years, at an average 61.1% of its original transaction price.

Toyota 4Runner

The truck-based Toyota 4Runner midsize SUV is suitably durable and rugged, and is a hot number in the pre-owned market as its healthy resale value – an average 54.2% after five years – can attest.

Slipping a couple of places but still solidly in the top 10, in 5th comes the Toyota 4Runner. A capable off-road SUV with fun features such as crawl control.

The new 2019 4Runner includes some updates, including Fox suspension for the TRD Pro model, JBL audio and a TRD roof rack. A Nightshade special edition is added, giving the body-on-frame SUV added style.

Toyota 4Runners experienced a 38.1% depreciation, on average.

Top Resale Value Utes

Honda Ridgeline

Available in crew cab shortbox, the Honda Ridgeline is constructed on a unibody frame (Sport Utility Truck). Minor updates are made for 2019. This mid-sized truck is available in 2WD and AWD. Honda Ridgeline’s features a unique in-bed trunk.

The only car-based pickup truck in the U.S., the midsize Honda Ridgeline offers many clever features and is expected to hold onto 46.7% of its original cost after five years.

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2020 GMC Canyon

The 2020 GMC Canyon is the close cousin of the Chevrolet Colorado, and in keeping with the GMC brand, it takes an upscale stance. This is demonstrated by the All Terrain and Denali versions, the latter being a GMC success story of many years. The Canyon Denali features exterior niceties that include a chrome grille, 20-inch aluminum wheels and heated-and-ventilated leather seats. In all, the Canyon is offered in SL, Canyon, SLE, All Terrain, SLT, and Denali models.

 The Canyon’s two gasoline engines are a 200-horsepower 2.5-litre four-cylinder engine backed by a six-speed automatic and a 308-horsepower 3.6-litre V6 driving through an eight-speed automatic. A 2.8-litre Duramax diesel engine is also available. The pickup’s All Terrain package includes a Z71 off-road suspension, automatic locking rear differential, and transfer case skid plate. Both extended cab and crew cab versions are available with 5-foot or 6-foot boxes.

2020 Chevrolet Colorado

General Motors helped shine a spotlight on the midsize truck segment by bringing the Chevrolet Colorado and GMC Canyon, its sister ship, to market after a multi-year absence. Since then, Colorado has established itself as a midsize pickup that holds its value well over time.

 Various bed lengths and cab sizes enable Colorado buyers to pick out a truck they really want. Trim levels run from basic “work-truck” to LT, Z71, and ZR2 models. When equipped with the 306-horsepower 3.6-liter V6, the ZR2 has plenty of power for high-speed desert running. For a high fuel economy, you might consider the 186-horsepower turbodiesel 2.8-liter in-line four-cylinder engine that delivers 369 lb-ft of torque. That engine delivers Colorado’s maximum trailering rating of 7,700 pounds. New for the 2020 model year is a keyfob-operated tailgate lock control and a tire fill alert system.

Another Mid-sized truck on the list of vehicles with the best resale value. The 2019 Chevy Colorado holds it’s a spot at 8th place.

New for 2019 on Colorado is an upgraded infotainment system and three new colours. LT, Z71 and ZR2 trim levels get a six-way power driver seat. Z71 and ZR2’s get a heated steering wheel as standard. Max trailering with the Duramax diesel option is 7,700 lbs.

Kelley Blue Book estimates the popular midsize Chevrolet Colorado pickup truck will return 47.5% of its MSRP after five years’ ownership.

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