10 Trucks that Hold Their Value (2024)

10 Trucks that Hold Their Value (1)

2016 Toyota Tacoma with dirtbikes ・ Photo by Toyota

Driven by a strong economy and relatively low used supply, resale value in the pickup truck segment is among the strongest in the entire automotive industry. Trucks have famously grown more expensive in recent years, but they’re also increasingly fitted with premium interiors—long their Achilles heel. Plus, trucks are in high demand as construction has rebounded across the country. That means depreciation won’t strike pickup trucks as quickly as most cars, and they’ll hold their value longer. This is great news for new pickup buyers, who can justify springing for the new truck knowing its resale value will keep for quite a while. If you’re in the market and resale value conscious, here are your best bets.

Toyota Tacoma

It’s no surprise that the Toyota Tacoma sits atop our list of trucks that hold their value. In fact, it’s one of the most consistent vehicles of any kind when it comes to resale value. The Tacoma is affordable, versatile, and extremely capable off-road. It’s also upgraded for 2016, offering new bells and whistles like an upgraded infotainment system. The Tacoma also benefits from a dearth of competition in the market: the Nissan Frontier has low numbers, and the Chevrolet Colorado is only now beginning to appear on used lots. It’s too early to tell how well the brand new Honda Ridgeline will hold its value, so for now, the Tacoma is clearly king of the ring.

10 Trucks that Hold Their Value (2)

Photo by Toyota

Toyota Tundra

Like the Tacoma, its big brother, the Toyota Tundra, benefits from legendary reliability, and the capability to tow boats and tackle off-road trails. The Tundra’s resale success is also due to good old-fashioned comfort: its interior is spartan but roomy, the ride is smooth, and the Entune infotainment system is widely hailed. While the Big 3 duke it out for the sales crown, Tundra owners know their trucks will be in high demand once they’re ready to sell. A standard V8 engine and plenty of configuration options certainly help. The Tundra will take a beating and still get the crew to the site, the RV to the campground, or the kids to school. Can’t beat that.

Chevrolet Colorado

Back with a bang, the Chevrolet Colorado is only beginning to make its way to the used marketplace. Buyers are quickly finding their investment pays off. Not only is the Colorado extremely capable and quite a handsome devil, it’s also available with a 2.8-liter diesel engine rated up to 31 MPG highway. This makes the Colorado extremely unique, and since such low numbers are coming up for sale, they’ll likely be in high demand for some time. Whether you choose the gas or the diesel, the Colorado comes with an expansive bed and great towing numbers, plus a premium interior. We’re also struck by its personality: the Colorado doesn’t feel like every truck on the market.

10 Trucks that Hold Their Value (4)

Photo by General Motors

GMC Canyon

If you’re looking for something that truly sets itself apart, the GMC Canyon makes a very strong case. Its resale value is consistently high, helped in part by low numbers on the used market since its recent reintroduction, and significantly bolstered by an impressive premium interior that borders on true modern luxury. High-quality materials abound, and the suite of technology available at your fingertips is not only eye-popping but also welcoming and user friendly. Then, of course, you have legendary Chevy capability, no shortage of power, and the same diesel engine option as in the Colorado. But the impressive interior is where the Canyon shines and will keep it among the highest resale values in the country.

10 Trucks that Hold Their Value (5)

Photo by General Motors

Ford F-150

Any fears about the new aluminum body panels in the Ford F-150 seem to have subsided for now, at least enough to make it one of the most consistently high resale values in the pickup truck segment. After all, lighter weight means greater use of power. So the F-150 boasts extreme towing and hauling capabilities, plus excellent efficiency across the entire range of engine choices. What’s more, the F-150 scored very well in safety crash tests, and evokes a phrase not often uttered when it comes to pickups: "nimble handling." While that may not do much on the worksite, it does set the F-150 apart. When it comes to resale value, that matters.

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Photo by Ford

GMC Sierra 1500

Once you’re into fullsize pickup trucks, impressive towing and capability is going to be a given. What matters is the extra mustard you bring to the table, and the GMC Sierra 1500 has that in droves. For a truck, it’s remarkably comfortable, outfitted with a sumptuous leather interior and high quality materials that would feel at home in a European sedan. Expansive and comfortable front seats, which you would think are a given among pickup trucks, shine in the Sierra and elevate the elegance. But the Sierra is far from dainty; its reliability rating is tops in the market and it can reach 420 horsepower. This year, an 8-speed transmission and improved infotainment system are also available.

10 Trucks that Hold Their Value (7)

Photo by Benjamin Hunting

Ram 1500

It’s about to be replaced by a new and improved version, but the Ram 1500 is currently one of the leaders of the resale value market due to its impressive capability, dramatic looks and undeniable attitude. New ones will likely have even better luck, too — an 8-speed transmission is now standard, producing greater efficiency and power delivery. Rams also have a reputation for keeping their performance well past 100,000 miles, and can come packed with extra features for less than the cost of their base competitors. The 3.0-liter EcoDiesel V6 could pay dividends when it comes to resale value, and the Ram's comfortable cabin and smooth ride quality are strong selling points, as well.

10 Trucks that Hold Their Value (8)

Chevrolet Silverado

Continuing the trend of ultra-modern pickup trucks, the Chevrolet Silverado holds its value thanks to interior quality and high-end technology. Power, towing and overall capability have always been a strength of the Silverado, but it now boasts a cabin that holds its own, too. The ride quality is upscale thanks to a smooth powertrain and great attention to NVH (noise, vibration and harshness), while the base V6 engine offers 305 horsepower and the V8 means serious business at 355 horsepower and 383 lb.-ft of torque. This is a tough class, and Silverado trims can skyrocket in price,leading to significant depreciation. But overall, Silverado dependability carries a lot of weight and keeps the resale value strong.

10 Trucks that Hold Their Value (9)

Ford F-350

Guts and muscle never go out of style. As such, the Ford F-350 Super Duty is tough to beat when it comes to resale value. Benefiting from the same aluminum structure as the F-150, the lighter weight allows the F-350 to put its power to good use. With the 6.7-liter turbodiesel V8, the F-350 makes 440 horsepower and a whopping 925 lb.-ft of torque. An aggressive appearance and — let’s face it — name recognition make these Super Dutys highly sought after on the used market. Even though the price can quickly climb, an assortment of smart technology delivers bang for the buck that will translate to the next owner, too.

10 Trucks that Hold Their Value (10)

Nissan Frontier

These are difficult times for the Frontier. Badly in need of a refresh—or any attention at all, really—the competition passed the Frontier over long ago. The Frontier makes it onto this list only because its bigger brother, the Titan, suffers an even more dramatic drop in value once you leave the lot. Still, the Frontier has some redeeming qualities: off-road performance is strong, and the V6 engine is plenty capable for a vast majority of everyday towing and hauling jobs. The best thing going for the Frontier is there aren’t a lot of compact pickups on the used market, but that will change sooner rather than later as the Colorado and Ridgeline catch up.

10 Trucks that Hold Their Value (11)

Photo by Nissan

10 Trucks that Hold Their Value (2024)

FAQs

What truck holds the most value? ›

Pickup Trucks With the Best Resale Value
  • Toyota Tacoma. If you're looking to sell your Toyota Tacoma down the road, you'll be delighted to know that it's one of the top trucks with the best resale value — and for several years at that. ...
  • Chevrolet Silverado 1500. ...
  • GMC Sierra 1500. ...
  • Honda Ridgeline.

What truck loses the least value? ›

Which Truck Has the Best Resale Value?
  • Toyota Tacoma — 67.6% The Toyota Tacoma is an iconic off-roader. ...
  • Toyota Tundra — 64.1% Toyota comes out on top for full-size trucks too. ...
  • Honda Ridgeline — 61.9% ...
  • Nissan Frontier — 60.5% ...
  • Chevrolet Silverado — 60.1% ...
  • Jeep Gladiator — 58% ...
  • Ford F-150 — 57.3 % ...
  • Ram 1500 — 54.8 %
May 25, 2023

What is the most reliable truck over the last 10 years? ›

Most Reliable Trucks Compared
TruckModel Years to Look forReliability Score
Chevrolet Silverado 15002010–2011, 2013–2015, 2018–20213.5/5
Ford F-1502007–2008, 2017–2020, 2012–20143.5/5
Ford Ranger2007, 2009–2010, 2020–20224/5
GMC Canyon2009, 2012–2014, 2019–20204/5
7 more rows
Oct 11, 2023

What truck depreciates the fastest? ›

These Trucks Have the Worst Resale Values for 2022
  • 2022 GMC Canyon - 59.9 Percent Resale Value. ...
  • 2022 Ram 1500 - 59.8 Percent Resale Value. ...
  • 2022 GMC Sierra 3500HD - 59.8 Percent Resale Value. ...
  • 2022 Ram 2500 - 59.3 Percent Resale Value. ...
  • 2022 Chevrolet Colorado - 59.3 Percent Resale Value.

What is the number one truck to buy? ›

The best heavy-duty truck is the 2024 Ford F-250 Super Duty, with an overall score of 8.8 out of 10. What is the best electric pickup truck? The best electric pickup truck is the 2024 Ford F-150 Lightning, with an overall score of 9.2 out of 10.

What is the most sought after truck of all time? ›

The 1956 Ford F-100 is known for its classic and streamlined look. The 1956 Ford F-100 is rare. Only around 6,000 were built during the era with Big Windows, meaning finding the pickup truck can be difficult. Due to its rarity and iconic design, the truck is highly sought-after in many circles.

What truck brand has the least problems? ›

The Most Reliable Trucks
  • 2024 GMC Sierra 1500 - 2023 J.D. Power Reliability Rating: 86/100.
  • 2023 Ford Ranger - 2023 J.D. Power Reliability Rating: 86/100.
  • 2023 Ford F-150 - 2023 J.D. Power Reliability Rating: 86/100.
  • 2024 Chevrolet Silverado - 2023 J.D. Power Reliability Rating: 87/100.

What is the most unreliable truck? ›

The 2021 F-150 Hybrid was the most unreliable truck on the market last year, with a CR customer reliability rating of 4/100.

What's the cheapest truck to fix? ›

1. Toyota Tacoma. The Toyota Tacoma offers your best bet in terms of maintenance and repair costs, at just $6,420 during the first decade of ownership. That beats the industry average for that segment by $3,901.

What truck has the longest life expectancy? ›

RankModel% Chance of Lasting 250,000+ Miles
1Ford F-350 Super Duty49.1%
2Toyota Tundra47.9%
3Ford F-250 Super Duty43.6%
4Toyota Tacoma41.7%
6 more rows
Mar 21, 2024

What trucks last 300000 miles? ›

Top 15 truck models most likely to last at least 250,000 miles
RankMake and ModelChange to Last Beyond 250,000 Miles (Average: 25.9%)
4Toyota Tacoma41.7%
3Ford F-250 Super Duty43.6%
2Toyota Tundra47.9%
1Ford F-350 Super Duty49.1%
11 more rows
May 2, 2023

Is buying a 10 year old truck worth it? ›

Cars over 10 years old can still be reliable. Most vehicles can last well over a decade with proper care and maintenance. In fact, the average car on U.S. roads is now 12.5 years old, according to a study from S&P Global Mobility. Furthermore, a car doesn't really stop depreciating until it hits that 10-year mark.

What truck holds value the longest? ›

The Toyota Tundra has the best resale value among full-size trucks. The Tundra retains 73.7 percent of its value after 5 years, with an average price of $37,353 for 5-year-old models. The Tundra's resale value puts it 13.8 percent above the resale value average for full-size trucks, which is 60 percent.

What trucks don't hold their value? ›

10 truck on our list is the one with the worst resale value over a 5-year period.
  • #10. Nissan Titan. Photo: Nissan. ...
  • #9. Ram 1500. Photo: Stellantis. ...
  • #8. Chevrolet Silverado 1500. Photo: Chevrolet. ...
  • #7. Toyota Tundra. Photo: Toyota. ...
  • #6. Chevrolet Colorado. Photo: Chevrolet. ...
  • #5. GMC Sierra 1500. ...
  • #4. GMC Canyon. ...
  • #3. Ford F-150.
Aug 19, 2023

What is the number 1 selling truck of all time? ›

#1 - Ford F-Series

The Ford F-Series has been the best-selling pickup truck in America for over 40 years. It is the epitome of American engineering and design, and it is loved by millions of truck enthusiasts all over the world.

What vehicle holds value longest? ›

Here are cars that hold their value better than any other in America:
  • Subaru Impreza (sedan) Subaru Impreza sedan (CC BY 2.0) by Rutger van der Maar. ...
  • Nissan Kicks. Nissan Kicks 1.6 Advance 2019 (CC BY-SA 2.0) by RL GNZLZ. ...
  • Chevrolet Corvette. ...
  • Toyota 4Runner. ...
  • Hyundai Accent. ...
  • Toyota RAV4. ...
  • Chevrolet Spark. ...
  • Kia Rio.
Jan 23, 2024

What is the most bought work truck? ›

The Ford F-Series is the most popular truck and best-selling truck in the US. It's been that way for nearly half a century. The Ford F-Series reaches an amazing 48-year streak in 2024 as the most popular truck in America.

What is the most expensive truck to maintain? ›

Ram's full-size heavy-duty pickup trucks are genuine workhorses for towing and hauling. They also have the highest maintenance costs of any vehicle we studied over ten years, including several luxury models, like the Porsche Cayenne or the BMW X6.

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