Don’t Buy These Trucks: Worst Resale Value in 2022
Will you keep your new pickup truck for five years? Probably. So how much will it be worth after that time? We looked at the data to see which pickup trucks were projected to have the worst resale value after five years.
For the comparison, we tried to look at similar trucks, so these are all crew-cab pickups. IntelliChoice evaluated each of them with some interesting findings. First, crew-cab models tend to hold their value better than extended-cab or single-cab trucks. Second, it estimates that, on average, 2022 pickups should retain almost 60 percent of their value after five years.
6. 2021 Nissan Frontier Crew-Cab
This was the last year for the ancient Frontier. The 2022 model is all-new and should retain its resale value better. Still, it got a new engine and transmission in 2020, along with some safety features to drag it into relevance. It is estimated to lose 40.4 percent of its value in five years. Being the last of the old, you might want to hold off for the current Frontier.
5. 2021 GMC Canyon Crew-Cab
Coming in slightly below the Frontier for worse resale value is the GMC Canyon losing 40.6 percent in five years. The Canyon and Chevy Colorado as essentially the same, yet in some cases the GMC brand fares worse. As with other GM trucks of this era, the interior doesn’t excite. GM has done its homework and improved on its truck interiors in 2022. But its size, versatility, and V6 engine are all worth the price.
4. 2021 Ram 1500 Crew-Cab
Surprisingly, for the accolades and gang of great features, the 2021 Ram 1500 loses over 41 percent of its value after five years. It won the Motor Trend Truck of the Year award in 2019 and 2021. It even forced GM to revamp its truck interiors after coming out in 2019. But when you look at its specs, it has less towing capacity than the competition. We expect that if reliability numbers stay good, its value may be better than this IntelliChoice prediction.
3. 2021 Ford Ranger SuperCrew
Losing over 42 percent of its value after five years is the Ford Ranger. Though fairly new to our shores, it has been available elsewhere for years. So it is a dated platform. That is especially true with its infotainment system. In spite of that, it scores well for its EcoBoost engine and 10-speed transmission. The ride is a bit harsher than it could be, in our opinion, with another on our list with a ho-hum cabin. A new Ranger is just around the corner.
2. 2021 Ram Classic 1500 Crew-Cab
Lower resale value is expected with the 2021 Ram Classic because it is an old platform. With Ram not offering a midsize pickup, it continued selling its previous truck when the new Ram 1500 came out in 2019. With fewer choices and older everything, it doesn’t compare to many others on this list. Still, we think it is a bargain, in spite of the expected loss of over 46 percent of its value after five years.
1. 2021 Nissan Titan Crew-Cab
This is another old platform that sees engine and body options dwindling with each passing year. It still has a lot to offer, but it appears Nissan doesn’t have its heart in the Titan, and it shows in many areas. One big one is in fit and finish and overall quality. Compared to others on this list, it falls behind. It also sells far fewer trucks than the competition, which is another indication of how well it fares on the used truck market. If value retention is a big factor in your new or used truck choice, you may want to pass on the Titan.