5 Used Trucks with the Highest Resale Value

Tuesday, February 4th 2020, 2:00 pm
By: News On 6

Used Truck

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.

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 5 years is predicted at 57.2%, which makes it a great investment.

Chevrolet Silverado (1500 and Heavy Duty)

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.

Overall Best Resale Value: Toyota Tacoma

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 5 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.

Other Great Investments

Trucks with great resale values aren’t the only great investments out there. If you’re looking for more ways to make money like rental property, or looking for other lifestyle tips, keep reading.

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