Resale Value is an important factor to consider when purchasing a vehicle. Especially when it comes to pickup trucks.
Truck prices are going up and the more you spend, the more you could potentially lose at trade-in time. (Putting a large chunk of cash down can help reduce the loss to some extent). Some pickup trucks do retain more value than others though.
In general, most vehicles will depreciate by about 15-20% per year according to CARFAX.
When it comes time to trade, and you want to get the most money back from your trade, here’s a list of trucks with the best resale value for 2018. In general, diesel pickup trucks hold their value more than the equivalently specced gas version. These numbers are all based on assuming the vehicles is kept in good condition and driven average miles for the year.
Some other factors not taken into consideration that could affect a trucks resale value would be whether it’s 2WD or 4WD. In southern States, a 4×4 adds no extra value.
In the Rocky Mountain region, 2WD pickups would not be the most desirable and thus could affect resale value.
According to caranddriver, picking your equipment choices from the factory could also affect the trucks resale value. “Resale value is typically strongest on mid-level trims…” says Anil Goyal, senior vice president of automotive valuations and analytics at Black Book.
Here are the results as of Sep/Oct 2018. Data provided by KBB.com
Which Heavy Duty Pickup Trucks have the Best Resale Value?
1. GMC Sierra HD
By a short lead in 1st place is the 2018 GMC Sierra HD. KBB.com says the Sierra should retain 57.4% of its value after 60 months. The Sierra is built on the same platform as the Chevy Silverado with added luxury and unique styling. Trim levels are; Sierra, SLE, SLT and top of the line Denali. New features for 2018 include 3 new colors, tire fill alert, standard rear vision camera and a 7″ radio screen for the base model. The Denali gets a new grille design. There is also an All-Terrain X HD package for the off-road lovers. According to the GMC towing chart, max conventional towing for a 2018 GMC Sierra 3500 dually 4×4 long box crew cab diesel with a 3.73 rear axle is 20,000 lbs. Gooseneck is 22,700 lbs.
2. Chevrolet Silverado HD
A very close 2nd on the list is the heavy-duty Silverado from Chevy. According to KBB.com the Silverado is expected to retain 57.3% of its value in 60 months. This includes both the 3/4 ton and 1-ton pickup trucks. Trim levels are WT (work truck), LT, LTZ, and the fully loaded trim is the High Country. All trims are available in the 2500HD and 3500HD with or without dual rear wheels. Engine choices include the 360hp Vortec 6.0 L gas engine and the 445hp 6.6 L Duramax turbo diesel. Max conventional towing capacity for a 2018 Chevrolet Silverado 3500HD Duramax Dually 4×4 Crew Cab Long Box is 20,000lbs.
3. RAM HD
In 3rd place comes the RAM heavy duty trucks. This includes 2500’s and 3500’s. 2018 heavy duty RAMs are expected to retain 54.9% of their value after 60 months. Popular engine choices include the 6.4L HEMI gas engine and the 6.7L Cummins Diesel. There are 7 trim levels to choose from; Tradesman, SLT, Big Horn, Laramie, Laramie Longhorn, Power Wagon (off-road), the ultra-luxurious Limited. The only manufacturer left that offers a manual transmission in a heavy-duty pickup. Auto level rear air suspension is also an available option from the factory on RAMs, as well as RamBox in bed storage. According to the RAM Trucks towing guide, a RAM 3500 Tradesman 4×4 diesel crew cab max towing is 30,320 lbs.
4. Ford F-Series Super Duty
Coming in at number 4 is the Ford F-Series Super Duty pickup trucks (F-250, F-350 etc). Super Duty’s are expected to retain around 52.8 % of their value after 60 months. With 5 trim levels available; XL, XLT, LARIAT, King Ranch and Platinum, trucks can vary between a base work truck to a $100k mansion on wheels with massaging seats. 2018 models get an upgraded 6.7L Power Stroke® turbo diesel engine that boasts 450hp and 935 lb-ft of torque. Other engine options include a 6.2L V8 gas engine and 6.8L V10 (F-350/F-450/F-550 Chassis Cab). Max conventional towing capacity on a 2018 Ford F-350 4×4 crew cab diesel drw (GCWR 40,000 lbs), with a 4.10 rear axle is 21,000 lbs. Gooseneck is 31,300 lbs according to the Ford towing guide.
5. Nissan Titan XD
In fifth place comes the Nissan Titan XD, a heavy-half pickup truck introduced into the United States in 2016. Nissan also offers gas and diesel engine options. A 5.6L V8 gas and a 5.0L V8 Cummins turbo diesel. Maximum towing capacity on the Titan XD diesel 4×4 is 12,150 lbs (when properly equipped). For 2018, a new Midnight Edition Package to add bring styling to the truck. Offered in Single cab, King cab, and Crew cab. Trim levels include; S, SV, Pro 4X, SL and Platinum Reserve. Nissan also offer a ‘rear seat delete’ option on the King cab for extra loading space. Nissan Titan XD’s are expected to retain 40.3% of their value after 60 months.
Check out best light duty trucks resale values.
You may also be interested in the Top 10 Vehicles that have the Best Resale Value which also includes some trucks.