What New Trucks Retain Value The Best

When shopping for a new truck, it’s important to consider not just the upfront cost, but the long-term value. Some trucks hold their value better than others, offering a better return on investment when it’s time to sell. At Kirksville Motor Company, we want to help you find the best new trucks that will retain their value for years to come. Let’s dive into the factors that influence a truck's resale value and explore which models offer the best long-term value.

Resale value refers to the amount your truck is worth when you sell it compared to its original purchase price. A truck’s brand reputation, performance, durability, and condition all contribute to this final value. While trucks tend to depreciate more slowly than cars, choosing the right model can help you get more money when it's time to sell or trade it in.

On average, trucks retain about 59% of their value after five years, compared to the 42.4% that most new cars hold. This makes trucks a smarter long-term investment if you're looking to maximize your return down the line.

Several factors contribute to a new truck’s resale value:

• Brand Reputation: Some manufacturers are known for creating vehicles that last longer, making them more valuable in the used market.
• Durability: Trucks with proven reliability, such as the Toyota Tacoma and Ford F-150, tend to retain more value over time.
• Market Demand: Models with a strong following or high popularity typically hold their value better.
• Condition: Trucks in great condition, with minimal wear and tear, retain more value.
• Mileage: Lower mileage usually means a higher resale value.
• Maintenance History: Trucks that are well-maintained with a documented service history often fetch higher resale prices.
• Fuel Efficiency: Trucks that are more fuel-efficient tend to retain their value better, especially when gas prices rise.

When it comes to trucks that retain the most value, certain models consistently top the charts. Here's a breakdown of some of the best new trucks for resale value:

The Toyota Tacoma is a top contender for retaining value. With a reputation for longevity, the Tacoma is known to last well beyond 300,000 miles when properly maintained. It holds about 70% of its value after five years. Whether you choose a base model or one of the rugged TRD trims, the Tacoma is a smart investment.

The Toyota Tundra is another excellent truck for retaining value. Known for its tough build and reliability, the Tundra holds about 65% of its value after five years. The Tundra is a great option for those needing power, with its available V8 engine and towing capabilities.

The Chevrolet Silverado 1500 is a full-size truck that performs well in the resale market. It holds about 60% of its value after five years, especially the models with the V8 engine and heavy-duty towing capacity. Its combination of comfort and performance makes it a sought-after truck in the used market.

To get the best return on your investment, there are steps you can take to maximize your truck’s resale value:

• Regular Maintenance: Follow the manufacturer’s maintenance schedule, change the oil, and address minor issues before they become big problems.
• Preserve the Exterior: Keep the truck clean and free of damage. Regularly wash and wax the truck to protect the paint.
• Keep the Interior in Good Condition: Avoid spills, clean the seats, and take care of upholstery.
• Avoid Modifications: Keep your truck as close to stock as possible. While some modifications might enhance your truck's performance, others can lower its resale value.

If you're ready to find a new truck with exceptional resale value, Kirksville Motor Company is here to help. Our team will assist you in choosing the best truck for your needs and budget. Stop by our dealership in Kirksville, Missouri, or contact us for more information on the best trucks for resale value. Let’s get you into a truck that will perform well now and retain its value for years to come!