3 Pickup Trucks With Amazing Resale Value
The Jeep Gladiator has a high resale value
The Jeep Gladiator has all the capability of a Jeep off-road SUV model mixed with the utility of a pickup truck. It has amazing towing and hauling capacity as well as off-roading prowess.
The 2022 Jeep Gladiator starts at $36,085. It uses a 3.6-liter V6 engine to make 260 horsepower. The pickup truck achieves 22 miles per gallon in the city and 28 miles per gallon on the highway.
According to MotorTrend, the 2021 Jeep Gladiator retains 64.3% of its resale value. Most new vehicles lose a large percentage of their value after they leave the car lot.
The Toyota Tundra holds its value well over time
The Toyota Tundra is Japanese automaker Toyota’s full-size pickup truck model. The Tundra is far from perfect. It took Toyota 13 years to finally redesign the pickup in 2021 for the 2022 model year. That being said, the Tundra does retain its value well over time.
The 2017 Toyota Tundra had an MSRP of $31,300. According to Kelley Blue Book, the 2017 Tundra has a fair market value of $24,503. It has retained over 75% of its original MSRP after five years. One reason that Tundra models age well is because many of them use massive V8 engines. They have horrible fuel efficiency but plenty of power.
Used Toyota Tundras can be affordable work trucks that can handle major mileage. Tundra models can last for over 200,000 miles.
The Toyota Tacoma ages like a fine wine
The Toyota Tacoma has the most resale value over time. It ages like a fine wine, while most new vehicles tend to age like milk. The Taco isn’t the best in its vehicle segment, but some experts would call it the most fun midsize pickup truck on the market.
The Tacoma is a natural off-roader that is born to be wild. Some Taco owners add suspension upgrades like lift kits and all-terrain tires for an even gnarlier experience on trails. The Tacoma has a relatively low starting price, and its value stays within its original price range in a five-year window of time.
The 2017 Toyota Tacoma has an MSRP of $24,575. According to Kelley Blue Book, the 2017 Taco has a fair purchase price of $22,192. After five long years, it has retained over 90% of its original value.
Some pickup trucks are great investments
Some drivers will ride with their vehicle ’til the wheels fall off. Others are ready to get rid of their vehicles after the first sign of real wear and tear. Pickup trucks like the Toyota Tacoma are great investments because if you do end up selling them after a few years of ownership, you can end up getting most of your money back. If you’re in the market for a new pickup truck, resale value is definitely something you should consider, no matter how long you intend on keeping the truck.