5 Pickup Trucks with the Worst Resale Value for 2022
Sometimes buying a car, truck, or SUV can leave you with an expensive car payment and a not-so-modern car. While the following trucks are new for this year, the projected resale value isn’t great. The pickup trucks with the worst resale value for 2022 include Honda, Ford, and even Nissan options. Just because it doesn’t have good resale value doesn’t mean it isn’t a suitable truck, either. Reliable trucks can have lousy resale value.
The Honda Ridgeline is a pickup truck with the worst resale value
The 2022 Honda Ridgeline is a favorite truck among drivers and experts. MotorTrend and Intellichoice report that the Honda truck offers a comfortable ride and OK fuel economy. Unfortunately, the Ridgeline truck also offers the worst resale value of any pickup truck at 56.9%. That means it loses almost half its value after a five-year ownership period. The average depreciation for a vehicle comes in at 50.6% of its value after five years, so the Ridgeline isn’t too far off. It is still a reasonably priced and safe new truck.
Honda Ridgeline resale value after five years: 56.9%
The Hyundai Santa Cruz is another pickup truck lacking in resale value
In case you missed it, the 2022 Hyundai Santa Cruz is a cool new compact pickup truck that owners enjoy driving. Hyundai offers the Santa Cruz with a turbo engine option, but it is quick enough with the base engine. Even though the Santa Cruz is new, the Hyundai truck is projected to retain only 57.2% of its value over five years.
Hyundai Santa Cruz resale value after five years: 57.2%
While the Nissan Frontier is all new for 2022, it doesn’t retain its value
Nissan redesigned the 2022 Frontier this year, but it hasn’t seemed to capture the hearts of buyers yet. The new Frontier will only keep 58% of its value after five years, which isn’t a good sign either. If there is any good news to come of this, it’s that this Nissan truck is more modern and safe than ever for 2022.
Nissan Frontier resale value after five years: 58.0%
Those who need a heavy-duty truck can rely on the Ram 3500
If you need a heavy-duty truck, the 2022 Ram 3500 will get the job done. Unfortunately, it doesn’t seem like a sound investment when you factor in the fact that it will only retain 58.6% of its purchase price after five years. The Ram 3500 can tow heavy loads and is durable enough to be an everyday work truck, but it sits squarely on the list of pickup trucks with the worst retail value.
Ram 3500 resale value after five years: 58.6%
Drivers love the Ford Ranger, but it doesn’t hold its value
Small trucks are having a major moment in the automotive world, and the 2022 Ford Ranger is part of that group. The Ranger is only predicted to retain 59.2% of its purchase price after five years. With a fast engine, 7,500-pound towing capacity, and extra safety features, this Ford truck still fits into many lifestyles.
Ford Ranger resale value after five years: 59.2%
Any car, truck, or SUV is subject to depreciation; some see a more severe case than others. If your dream truck is on this list and you can’t live without it, try finding a lightly used version. Most vehicles depreciate the most in the first few months of ownership, which means you can skip some of that by buying used.