Because they are all junk. We run a truck lending company. We lend every truck on the market. Every vehicle in the last 12 years is complete trash. Last maybe 2 years and fall apart unless ungodly amounts of service and replacements. This is the trap set for the consumer. Get a loan, buy a stripped down rebuilt truck with REAL truck parts. Its your only chance of not being fleeced.
Partially the banks faults too IMO. They allow people to finance these cars for 84, 96 sometimes even 108 or 120 months. Allowing for longer financing allows for a higher price to meet the same payment vs shorter term/lower price
I bought a brand new 2009 four-full door Tacoma 4X4 with Sport package for $29k (fees and taxes included). Sold it in 2014 for $21k. I guess inflation has taken its toll.
Ya….it’s because of the semiconductor market taking a huge hit and a lot of new trucks from Ford to Chevy to whatever are struggling. I can go take in my 19 Colorado and get 34-37k on it depending on who buys. Once the semiconductor market can get back on pace and get the trucks on the lot….say goodbye to that added value we have right now.
@@sevnlight6313 tradeing isnt low balling.. its basically stealing. theres a reason u cant find a grand marquis from the most recent generation, with less than 100k miles, for less than 10k from a dealer. its hilariously overpriced
@@stephenpowstinger733 You are pretty brave admitting you have a Silverado. I hope it's not a 2020 or 2021. I've seen and heard these have problems a plenty.
In 2006, I bought my 1998 Ford F150 for $1,600. In 15 years of ownership, other than standard maintenance, I put nothing into the truck. Finally, last year I had to replace the clutch hydraulics. I did the clutch at the same time. Right now I can sell the truck for $1,600. The interior still looks almost new. It's my work truck. It does have the usual rust. That's why I always say, "Find a vehicle you like and keep it". Just think what 15 years of truck payments, that I didn't have to pay for, would add up to.
Hahaha. These numbers are fucked anyway. I see 10 year old trucks with 100k+ going for $40k + with diesel engines. Trucks depreciate way less than sedans nor sports cars. This dude is on crack.
I got a Gen 1 Raptor and I added a few aftermarket parts... I paid $43,000 in 2013...I have put on 100k miles on it... and I can still get $35-$38k right now
Any one else notice all the depreciation rates were over 5 years and the Toyota rates were over 3 years? Those Toyota trucks are bullet proof and still sell for top dollar after 10 years with over 200,000 milles, not to mention the Tundras reaching 1,000,000 miles over their lifespan.
I just sold a 2019 Ford Expedition with 20k miles for $60,000. It didn’t cost too much more than that brand new. Trucks and SUVs are holding their values extremely well right now. Used car prices are just STUPID right now.
Yeah but the used car market is crazy right now. We just sold our 2019 tahoe rst (the one that had the 6.2) 34k miles for 67k, original price 75k and got a new premier suburban for 69k... if you have a used car to sell you’ll likely never get these prices again.
Toyota Tacoma keeps its value the best. I considered buying a new one every 3 years or so and trading it in for a new one. Like a self made lease. Problem is that I rack up too many miles.
Bought my 2017 150 Raptor used 2 years ago for $56K w\40k miles, looked at autotrader today by truck with 50K miles is on average priced at $62K, thank you COVID.
Drove a GMC Sierra for 15 years. Tires, batteries and oil is all that was ever done to it. Everything on it stilled worked, A/C blew cold air never was touched. Original price was around $27,000 in 2005.
I can't imagine paying more for a depreciating asset than I now owe on my house. These prices are so high it's no wonder they go down so much. Wait 5 years and let the fools take the hit. I don't like vehicle payments and I would like to retire some day.
To me, it's a balancing act. I have a job that requires me to be there, so I can't afford to drive some clunker that breaks down all the time, but yeah, I have a hard time stomaching buying something brand new, when it's going to drop 30-40% in value within a couple years. I try to buy something a few years old, with at least a year or two of warranty with it. For example, I recently bought a Taurus SHO, that was 3 years old, still had 2 years of warranty and only had 16k miles on it. Paid a little over 20k for it, and the original sticker was well over 40k. So buying new (IMO) would have been massively stupid, but on the other end of the spectrum, I would have never bought this car with 100k miles on it, to "save" a bit more, where that car is quite expensive to work on, plus it has two turbos, which go out within 125-175k miles and are expensive to repair. Think that is my main problem with misers like Dave Ramsey, who tells everyone to drive around in old vehicles, he's not accounting for the constant repairs/headaches that come with a high mileage vehicle, and pair that up with the fact you have no idea if the previous owners beat the hell out of the car or not, compounds issues even further.
Smart man. So many vehicles are leased today that I’ll bet those three year stats are from the big end of lease turn ins. Anyone that finances a $70k+ car, unless it’s for business, does not know how to manage money. At one point either vehicles are either too expensive to own or the market bottom has to fall out.
I bought my 2013 DCSB SR5 for $23,000 with 10,600 miles. After putting 100,000 miles on it, the Toyota dealership still keeps pestering me to sell it to them. They have offered $25,000 for it. It's understood that the 2nd generation still sell high. Higher than a used 3rd generation. I love my taco and will never sell it.
I bought my 2015 Tacoma DCSB TRD Sport right when the new 2016 came out for $31800. I just sold it for $35,000 with 47k on the clock. Only vehicle I sold for more since purchased new.
As a QC/detailer at ford dealer collison shop, i drove a 600hp Velociraptor a few times. It was a monster and i loved it, but the price was f'n ridiculous. I would have rather made a show-truck from a dead truck. The owner was young too, so i was ultra jealous
I don't know where you are getting your information for the Raptor.. I was allowed $53,000 for my 2018 F-150 Raptor which I paid $68,000 three years ago. That comes to only 22% depreciation or $5000/year. I traded it in on a 2021 F-150 Platinum hybrid which they gave me for dealer invoice or about $6000 of MSRP.
I have a 2008 Colorado I bought new for $17,000 CDN. It is loaded but not 4WD. I was offered more money 5 years later. I used it to build myself 100 apartments and it made me $25M in 6 years. I still drive it daily. I do have 11 other vehicles including Porsche's and a 2000 Ford Mustang Cobra R I bought in 2007.
Knock wood I lucked out with my used 2015 F150. Previous owner just used it as a leisure truck. At 60,000 miles the truck was getting 18.3 lifetime MPG and was only used 110 miles for towing. If I hadn't put 22" wheels the MPG would be higher. Even found a golf tee in the pocket next to the shifter!
I don't know much about other trucks, but my uncle sold his Tundra for more than what he paid for from the dealer a couple years back. And those used Tacomas at the dealer are almost priced as high as a brand new one.
We used the depreciation to our advantage, we bought a practically new truck with only 4k miles and only three months off the lot before it was traded in for a third off of the sticker price. The previous owner was an elderly gentleman that fell out of the cab and broke his hip, and had to trade in for a car instead. So before it’s first oil change we bought a new truck.
You just named the top of the line trucks people buy knowing good and well they're gonna drop like a rock in value. Compare trucks with more reasonable trim levels that aren't unobtanium to most people and the numbers will be way less dramatic. A Ram Tradesman makes way more sense to me than a Ram TRX or Rebel for example.
I paid $23k for a new 1998 Ram Regular Cab, short-bed 1500 Sport 4x4 in November 1997. Only 106k miles. Solid front axle with the Dana 44. Great truck.
Full size trucks hold there value way more than any other vehicle. Old man got 2020 silverado rst for 36k out the door. A 2014 Silverado with 90k miles still goes for 27k plus
Nothing has changed these vehicles have always had a high depreciation rate.Actually trucks today last longer than those sold 50 years ago but the rate of depreciation rate has stayed the same
This is kinda meaningless given we’re looking at a real inflation rate of 15% or so. You’ll soon be able to sell your $80k ‘Murrican bro-dozer for about what you paid for it, then go buy another one (at a far higher price).
I own a 1999 green & black Toyota Tacoma and its still great, I did replace the engine at 247000 miles and had it repainted looks like new but now it doesn't depreciate it only appreciates.
The used truck market is great right now. A used 2019 2500 Duramax with 50k miles just sold for 10k OVER MSRP, not to mention you just named every popular truck
Funny where I'm at a 3 and 4 year old toyota tacoma still selling for what you can buy a new one for. Also you compared a ram trx that hasn't even been out for a year yet? ??? How can you give it a price depreciation value???
If you're right about your 4yr old Tacoma, why WOULD I buy your USED truck when I could buy a NEW one for the SAME money? So, the dealer would swap trucks, even Steven? If I were you, I would run down to that dealer and get her done!!!
All vehicles depreciate about 1% a month for the first four or five years. Some a little more some a little less, some cars like certain Porsche 911 will bottom out at about $30,000 no matter how old they are.
This whole thing is interesting. Wright after the F150 electric truck comes out. This is what I have to say about it. I bought an F150 XLT 2020. Still manly new. Just over 3,600 miles. I just took it on an road trip. Just the truck. Not in ECO mode. Normal mode. Trip start out. 534 mile range. Last full up on the way home. 694 mile range. I consider I made an amazing choice. Thanks Ford. I refuse to sale it in the future. I do not care about price depreciation on my F150.
You buy them in flawless condition with full warranty then drive them for years and tow things around. Not to mention bumps and bruises. Then sell them. Should they not depreciate?
True. Just traded in a 2020 F-150 for a 2021 f150. I got 41K for it when I paid …. 41 K for it lol. Right now with the semi conductor chip shortage they are giving mad money for trucks.
Dodge wagon. Flathead f100, C10 , willys jeep 72 bronco 72 Cheyenne Dodge prospector 2dr. VW thing VW bus These hold value. When people say enough is enough on newer cars. We could buy them at a decent price
Where are you getting your stats? In most countries the Ranger etc loose next to nothing. In NZ has the highest resale of any vehicle full stop. Likewise I've seen very contradictory data on the F Series in the US.
Авто/Мото
This list is gibberish he just named every truck there was
Because they are all junk. We run a truck lending company. We lend every truck on the market. Every vehicle in the last 12 years is complete trash. Last maybe 2 years and fall apart unless ungodly amounts of service and replacements.
This is the trap set for the consumer.
Get a loan, buy a stripped down rebuilt truck with REAL truck parts. Its your only chance of not being fleeced.
You just named every single truck that real people actually buy.
That's what I thought after 10 minutes of watching...lol
😄😄😄😄👍👍
Yes so just buy the truck you like 3-4 years after it comes out and you’ll save a lot of money
Lol, I was gonna comment the same thing you beat me to it!
Who buys a Honda Ridgeline though?
Here’s an accurate stat for you….. 99% of all cars sold drop in value after 3-5 years of ownership.
That's why you never buy new.
@@geraldscott4302 Nope, that's why you think what you exactly want for ever. And keep it for the rest of your life
some don't ...
@@sevnlight6313 having had several Honda and Toyota’s with 300 k plus, I can’t afford anything else. I keep them up of course but they’ve been tough.
I was offered $300 for my valiant charger RT back in 1980's, it is now worth around $500,000
the f150 raptor has a great resale value , the ranger raptor does no even sell in the us
Well not yet but hopefully soon..
@@anthonysiler4938 that body style will probably never come here
Maybe next gens will have a raptor
@@anthonysiler4938 I’ve seen a bunch here though. Idk why, either imported or something
That's weird, I sold my 2017 Tacoma TRD Pro for $3k more than I paid for it brand new...
Alright; got the same Teeeyoda.
Steep and wide depreciation maybe because new trucks are so over priced from the start.
Excellent point!
Agreed
That's why the stealership wants you to think you're getting such a great deal if you trade in a used pickup.
@@Shadobanned4lifeAlso mileage put on the Truck
If only such a simplistic statement was true. Sadly it isn't otherwise these companies could be managed by children. That would be great though.
Partially the banks faults too IMO. They allow people to finance these cars for 84, 96 sometimes even 108 or 120 months. Allowing for longer financing allows for a higher price to meet the same payment vs shorter term/lower price
I bought my Tacoma for $35,000 in 2018 and sold it for $32,000 in 2021. So I disagree with this assessment.
I bought a brand new 2009 four-full door Tacoma 4X4 with Sport package for $29k (fees and taxes included). Sold it in 2014 for $21k.
I guess inflation has taken its toll.
Ya….it’s because of the semiconductor market taking a huge hit and a lot of new trucks from Ford to Chevy to whatever are struggling. I can go take in my 19 Colorado and get 34-37k on it depending on who buys. Once the semiconductor market can get back on pace and get the trucks on the lot….say goodbye to that added value we have right now.
Dude, you basically named every truck out there and said they depreciate too much. So what, buy a sedan instead?
No, just keep your truck forever. Also trading in is a huge money maker for dealers. They always low ball you.
@@sevnlight6313 tradeing isnt low balling.. its basically stealing. theres a reason u cant find a grand marquis from the most recent generation, with less than 100k miles, for less than 10k from a dealer. its hilariously overpriced
@@sevnlight6313 you forgot don't buy new... buy a couple of years used and let some other sucker take the massive depreciation hit
Yes, i have a 2007 Toyota Camry hybrid with 85k miles. Still holds value. Probably last me another 20 years at least.
@@rarelibra Depreciation doesn't affect you if you keep it forever. People abuse their vehicles. Nobody will take care of a new vehicle like you will.
Every Toyota truck from 1981 on, I either broke even or gained at sale time...
I just sold my 2019 Ford Raptor for more than I paid after 2.5 years.
Just bought a 2011 yesterday!!
Pick a timeline. Three years or five years !
Most of the overpriced, trash are selling with Eight Year. Loans! 🤭🤭🙃🙃
Right? It skews the percentage to the disadvantage of the 5 year trucks.
🤣 true. But yearly depreciation rate? Tacoma is still the best. Even the old tacomas my mechanic said they're the best
Hasn't been out 5 years yet 🤦♂️
@@rafaelmolina123 used Tacoma’s are literally valued at higher than msrp right now. Even KBB shows my 2019 tacoma as worth $6k over msrp.
I don’t know where you got your numbers from but I know a Tacoma doesn’t lose 6100 a year.... check auto trader, carmax, etc. local used car lot.
Yep, trying to find a used Tacoma and anything from 09 up still cost close to 20 grand.
Yes, the Tacoma is widely known for one of the highest retained values of any vehicle - and i drive a Silverado.
@@stephenpowstinger733 it literally has the highest value retention of any truck.
Luv my Taco!
@@stephenpowstinger733 You are pretty brave admitting you have a Silverado. I hope it's not a 2020 or 2021. I've seen and heard these have problems a plenty.
In 2006, I bought my 1998 Ford F150 for $1,600. In 15 years of ownership, other than standard maintenance, I put nothing into the truck. Finally, last year I had to replace the clutch hydraulics. I did the clutch at the same time. Right now I can sell the truck for $1,600. The interior still looks almost new. It's my work truck. It does have the usual rust. That's why I always say, "Find a vehicle you like and keep it". Just think what 15 years of truck payments, that I didn't have to pay for, would add up to.
The loss of my time watching this is much worse than any depreciation of my 2019 F-150.
Hahaha. These numbers are fucked anyway. I see 10 year old trucks with 100k+ going for $40k + with diesel engines. Trucks depreciate way less than sedans nor sports cars. This dude is on crack.
That’s why you watch this on the shitter.
Double whammy!
🤣😂🤣 well said 👍
At 7:52 "with a well optioned model [Tacoma] running you around $57,000"
A base Tacoma $27k. It better be a real fancy Tacoma to cost $57k.
57,000 for a Tacoma? Lmao
TRD Pro
I just sold my 2019 Ford Raptor for 7K more than I paid for it 65K right after the 2020 model year came out
I got a Gen 1 Raptor and I added a few aftermarket parts... I paid $43,000 in 2013...I have put on 100k miles on it... and I can still get $35-$38k right now
@@drainmonkeys385 that's because the new ones are 80k now. Dollar being ridiculously devalued by our own government.
@@stevenmeyers1226 That’s right, same with real estate it’s not that it’s suddenly worth so much more it’s the dollar being destroyed.
good job you my friend found a bigger sucker
Any one else notice all the depreciation rates were over 5 years and the Toyota rates were over 3 years? Those Toyota trucks are bullet proof and still sell for top dollar after 10 years with over 200,000 milles, not to mention the Tundras reaching 1,000,000 miles over their lifespan.
J P Absolutely right , iv'e owned a couple Tundras in the past and now i have a 2019 Tacoma. Wouldn't buy a ford or chevy ever...
I just sold a 2019 Ford Expedition with 20k miles for $60,000. It didn’t cost too much more than that brand new. Trucks and SUVs are holding their values extremely well right now. Used car prices are just STUPID right now.
Yeah but the used car market is crazy right now. We just sold our 2019 tahoe rst (the one that had the 6.2) 34k miles for 67k, original price 75k and got a new premier suburban for 69k... if you have a used car to sell you’ll likely never get these prices again.
The used truck market and car market is stronger today than ever before
These trucks are massively overpriced to begin with.
Thank unions
That's the real problem.
And yet every single one of of them are sold. Maybe they’re not overpriced- just not everyone can afford one
They’re country based pricing. So yes they are some countries they’re more than 60% less.
@@philrichardson7103 Overpriced based on how quickly they depreciate. That is another factor.
Soooooooo what trucks are left that DONT depreciate in value? They literally named all the trucks except the Dakota 💀
Toyota Tacoma 4x4
Man sized trucks, 3/4 ton + or so it appears...
The one that I have in my garage which is 17 years old. It's worth the same as it was last year.
Wish I could find a Tacoma with that depreciation. Also your prices seem a bit high. Trying to figure out what is NOT on your list, TONKA!!
Covid helped me make a $3,000 profit on my 2019 Ram.It’s insane right now on trucks.
My 18 Denali is worth more now than I paid for it a year ago with 15000 more miles.
Problem is no one's buying glws
I made 4000 on a 2020 Silverado.....
Currently right now used truck prices are insane as high as ever. 😂.
I wish the ridgeline would depreciate more so I could afford a gently used one 😂😭
That's what I'm saying lol
Toyota Tacoma keeps its value the best. I considered buying a new one every 3 years or so and trading it in for a new one. Like a self made lease. Problem is that I rack up too many miles.
All vehicles depreciate over four years. Doesn’t matter the make or model.
Look up the GT3. Selling over MSRP by huge margins and almost impossible to obtain.
@@APEAcademy this is what we call an anomaly.
Nissan frontier. Laugh if u will but it's a solid truck.
Nissan Frontier is the pure definition of "If it ain't broke. Don't fix it"
Agree. I have a Frontier and I love it. It has done everything we have ever asked from it.
I got my 2014 Tacoma double cab 4.0 ,3 years ago with 46,000 miles on it for 24k after 3 years prices are between 25 to 26k same year..
Bought my 2017 150 Raptor used 2 years ago for $56K w\40k miles, looked at autotrader today by truck with 50K miles is on average priced at $62K, thank you COVID.
Shit! I bought mine brand new for 67k and some change. I now have 50k miles and can literally sale it for 4k less than what I paid. Shit is insane.
Your depreciation figures do not relate to the current used truck market if you look for a 4x4 crew cab.
So what truck do you recommend now since you mentioned every truck on the market?
Dont buy a truck basically.
@@theforogoten1 Don't buy a new truck
Maybe he's in the market for a truck so he wants us to stop buying them.
@@theforogoten1 -Exactly
Laughing in my 1992 F-450 that I bought for $500 and passes inspection after I put another $500 into it
Whats your MPG in that thing lol
This trucks are like Bitcoin you only lose money if you sell it!! Bam 💥
😂😂😂😂🤣
Hope I mining my bitcoin!!🤣 I sold it for profit
Drove a GMC Sierra for 15 years. Tires, batteries and oil is all that was ever done to it. Everything on it stilled worked, A/C blew cold air never was touched. Original price was around $27,000 in 2005.
I’m keeping my 04 Z71 it’s been trouble free. These new one with GDI are breaking down under 20K miles
I can't imagine paying more for a depreciating asset than I now owe on my house. These prices are so high it's no wonder they go down so much. Wait 5 years and let the fools take the hit. I don't like vehicle payments and I would like to retire some day.
To me, it's a balancing act. I have a job that requires me to be there, so I can't afford to drive some clunker that breaks down all the time, but yeah, I have a hard time stomaching buying something brand new, when it's going to drop 30-40% in value within a couple years. I try to buy something a few years old, with at least a year or two of warranty with it. For example, I recently bought a Taurus SHO, that was 3 years old, still had 2 years of warranty and only had 16k miles on it. Paid a little over 20k for it, and the original sticker was well over 40k. So buying new (IMO) would have been massively stupid, but on the other end of the spectrum, I would have never bought this car with 100k miles on it, to "save" a bit more, where that car is quite expensive to work on, plus it has two turbos, which go out within 125-175k miles and are expensive to repair.
Think that is my main problem with misers like Dave Ramsey, who tells everyone to drive around in old vehicles, he's not accounting for the constant repairs/headaches that come with a high mileage vehicle, and pair that up with the fact you have no idea if the previous owners beat the hell out of the car or not, compounds issues even further.
Smart man. So many vehicles are leased today that I’ll bet those three year stats are from the big end of lease turn ins. Anyone that finances a $70k+ car, unless it’s for business, does not know how to manage money. At one point either vehicles are either too expensive to own or the market bottom has to fall out.
Teeyota
I don’t know about the other trucks but his Tacoma numbers are way off.
Price drop like my bank account after a pay check.
Bought my used tundra with 70k miles for $25,777. Always buy used.
You got fleeced
@@sarahann530 how so? Limited TDR 4x4 with upgraded Bilstein shocks, Leer camper shell, Skid plates, and roof rack with KO2s.
@@kurt9862 yep ,you got fucked
I don't know... a used Tacoma is selling for insane prices.
I bought my 2013 DCSB SR5 for $23,000 with 10,600 miles. After putting 100,000 miles on it, the Toyota dealership still keeps pestering me to sell it to them. They have offered $25,000 for it. It's understood that the 2nd generation still sell high. Higher than a used 3rd generation. I love my taco and will never sell it.
I bought my 2015 Tacoma DCSB TRD Sport right when the new 2016 came out for $31800. I just sold it for $35,000 with 47k on the clock. Only vehicle I sold for more since purchased new.
Too bad the Tacoma is so underpowered it’s not funny.
and the Tundra
@@airbornejay Mine was OK with the TRD Supercharger. You can always have more power, but I wasn’t doing the head nods while accelerating.
We love our Ram 2500 4x4. Pulling towing power is unbelievable
I wish you would add a list of dealerships who are selling Toyota Tacoma’s that are depreciating in value because I surely would buy one ☝️
“9 trucks common to the market”
How can the Ranger Raptor depreciate when you can’t even buy it yet?
They are sold in Europe and Australia
As a QC/detailer at ford dealer collison shop, i drove a 600hp Velociraptor a few times. It was a monster and i loved it, but the price was f'n ridiculous. I would have rather made a show-truck from a dead truck. The owner was young too, so i was ultra jealous
He's not a truck guy lol... Also my Tacoma is still worth as much as I paid for it 2 years ago. (2019)
Better yet, depending in your model you can get even more than what you paid for. It has crossed my mind to sell it at a profit.
I don't know where you are getting your information for the Raptor.. I was allowed $53,000 for my 2018 F-150 Raptor which I paid $68,000 three years ago. That comes to only 22% depreciation or $5000/year. I traded it in on a 2021 F-150 Platinum hybrid which they gave me for dealer invoice or about $6000 of MSRP.
Right now my 2017 f150 is worth $36-38k. I paid 29k a year ago. If you have a truck and are looking to downsize to a sedan now is the time
I got a 2016 Nissan Frontier SV 4wd and it’s solid truck no problems at all
This man named every truck 😂😂😂
Lol! Thought the same thing
Well with the shortage now, they’re over valued across the board for the time being.
I have a 2008 Colorado I bought new for $17,000 CDN. It is loaded but not 4WD. I was offered more money 5 years later. I used it to build myself 100 apartments and it made me $25M in 6 years. I still drive it daily. I do have 11 other vehicles including Porsche's and a 2000 Ford Mustang Cobra R I bought in 2007.
To summarize what your saying every single vehicle in existence depreciates over time WOW THANKS CAPTAIN OBVIOUS
Did he just say reliability and Ford in the same sentence
You tripping bro. so you want us to buy GMC Canyon?🤣
Yes. Hurry up and lose money 💰
@@TheCarCrazyGuy that’s the only truck he didn’t mention so...
He literally hating on every truck 🤣 ANY car gon cost u money & depreciate*
The data on the Tacoma is inaccurate. Look at what a 2017-2018 is selling for in the U.S. and Canada right now.
My 2015 4Runner (I bought it used, about 9 months old and 18k miles) is worth 2k more than I paid for it! I’m stunned to say the least!
Are these figures based on sticker price or the normal new vehicle discount from the dealer/manufacturer?
Knock wood I lucked out with my used 2015 F150. Previous owner just used it as a leisure truck. At 60,000 miles the truck was getting 18.3 lifetime MPG and was only used 110 miles for towing. If I hadn't put 22" wheels the MPG would be higher. Even found a golf tee in the pocket next to the shifter!
There was a 100% chance of me spending 80 large on a truck. Too late. I just sold my last truck, a F150 for what I paid for it.
Bought my 2020 raptor for 59k - in 2021its worth 84k. i would say do some research. it'll be sold for 76k next week.
I don't know much about other trucks, but my uncle sold his Tundra for more than what he paid for from the dealer a couple years back. And those used Tacomas at the dealer are almost priced as high as a brand new one.
The Toyota Tacoma's actually hold their value pretty well. Heck a used 08 4wd double cab still cost close to 18 grand!!
Sounds like Tacoma is the big winner.
Only watched this to look at cool trucks. If I had the money I wouldn’t hesitate to buy a number of these.
We used the depreciation to our advantage, we bought a practically new truck with only 4k miles and only three months off the lot before it was traded in for a third off of the sticker price. The previous owner was an elderly gentleman that fell out of the cab and broke his hip, and had to trade in for a car instead. So before it’s first oil change we bought a new truck.
Now, which model of those 9, spent more than in garage than on the road?
Basically, if you own a truck... it just made the list.
You just named the top of the line trucks people buy knowing good and well they're gonna drop like a rock in value. Compare trucks with more reasonable trim levels that aren't unobtanium to most people and the numbers will be way less dramatic. A Ram Tradesman makes way more sense to me than a Ram TRX or Rebel for example.
I paid $23k for a new 1998 Ram Regular Cab, short-bed 1500 Sport 4x4 in November 1997. Only 106k miles. Solid front axle with the Dana 44. Great truck.
Full size trucks hold there value way more than any other vehicle. Old man got 2020 silverado rst for 36k out the door. A 2014 Silverado with 90k miles still goes for 27k plus
where do you get these numbers man.
Nothing has changed these vehicles have always had a high depreciation rate.Actually trucks today last longer than those sold 50 years ago but the rate of depreciation rate has stayed the same
“Tea-yo-tuh” 🤦🏻♂️
This is kinda meaningless given we’re looking at a real inflation rate of 15% or so. You’ll soon be able to sell your $80k ‘Murrican bro-dozer for about what you paid for it, then go buy another one (at a far higher price).
Ugh, don't remind me of the inflation we're heading into.
This dude really said a tacoma 🥴😂😂😂
It's not a high rate of depreciation.
It's the fact that credit minded dummies wont stop paying too damn much for trucks.
My question is then what ones hold their value especially in 2021 with the chip shortages going on and company's cutting out features?
I own a 1999 green & black Toyota Tacoma and its still great, I did replace the engine at 247000 miles and had it repainted looks like new but now it doesn't depreciate it only appreciates.
Got anymore 'fairy tales', Mother Goose?
@@TheOzthewiz It is what it is!
I don`t care if you believe me or not buddy.
@@zulu2049 as long as it 'appreciates' for YOU, that's all that really matters. CHEERS!
@@TheOzthewiz That`s what I meant, thanks.
You are not saying WHY these vehicles are deprecating. I don’t know any automobile that does not loose value as soon as you take it off the floor
The used truck market is great right now. A used 2019 2500 Duramax with 50k miles just sold for 10k OVER MSRP, not to mention you just named every popular truck
Basically any truck created after 1997
Here in Australia if you don’t want to lose money in depreciation you buy a Toyota. Saying that car dealers take a massive cut when you trade in.
Funny where I'm at a 3 and 4 year old toyota tacoma still selling for what you can buy a new one for. Also you compared a ram trx that hasn't even been out for a year yet? ??? How can you give it a price depreciation value???
If you're right about your 4yr old Tacoma, why WOULD I buy your USED truck when I could buy a NEW one for the SAME money? So, the dealer would swap trucks, even Steven? If I were you, I would run down to that dealer and get her done!!!
All vehicles depreciate about 1% a month for the first four or five years. Some a little more some a little less, some cars like certain Porsche 911 will bottom out at about $30,000 no matter how old they are.
This whole thing is interesting. Wright after the F150 electric truck comes out. This is what I have to say about it. I bought an F150 XLT 2020. Still manly new. Just over 3,600 miles. I just took it on an road trip. Just the truck. Not in ECO mode. Normal mode. Trip start out. 534 mile range. Last full up on the way home. 694 mile range. I consider I made an amazing choice. Thanks Ford. I refuse to sale it in the future. I do not care about price depreciation on my F150.
I sold my 2019 supercab raptor back to the dealership for what I paid for it. Idk that seems like good resale value to me.
You buy them in flawless condition with full warranty then drive them for years and tow things around. Not to mention bumps and bruises. Then sell them. Should they not depreciate?
That’s crazy cause new Tacoma’s and tundras are cheaper than used ones right now...
The Ford 150 raptor is literally the best resale vechile on the face of the planet.
Tacoma is gaining value right now. People getting offers for more than paid for them 3 years ago
I paid $20,000 for my Tacoma and got $22,500 trade-in this past September.
I'm very pleased with my 06 Taco......
So....basically every truck depreciates big time. Knew that.
Just sold my 2017 Chevy Silverado z71 for $36k with 53,000 miles when I bought it brand new for $34k. 👍🏼
True. Just traded in a 2020 F-150 for a 2021 f150. I got 41K for it when I paid …. 41 K for it lol. Right now with the semi conductor chip shortage they are giving mad money for trucks.
My 2019 Dodge Ram 1500 is worth more today than when I bought it. Crazy times
Dodge wagon. Flathead f100, C10 , willys jeep 72 bronco 72 Cheyenne Dodge prospector 2dr. VW thing VW bus These hold value. When people say enough is enough on newer cars. We could buy them at a decent price
Where are you getting your stats? In most countries the Ranger etc loose next to nothing. In NZ has the highest resale of any vehicle full stop. Likewise I've seen very contradictory data on the F Series in the US.
Throw all of these numbers out the door right now. They aren’t depreciating much at all right now
Your statistics totally inaccurate. Do your own research people.
Now used cars and trucks are expensive but in a few years there value will start to depreciate.
Frontier has been around in North America since 1997.
This is why dealers are offering 0% financing on new trucks. If you buy it used you pay 4% financing. They get you either way.