Which Pickups Depreciate the Least?

There's plenty of good news for dealers , but what about customers who want to buy a pickup that won't depreciate quickly over five years? What are their best bets?

The latest depreciation study conducted by automotive analyst iSeeCars.com provides some answers. The study looked at all vehicles and revealed that in terms of five-year depreciation values, it does not make sense to purchase a new electric vehicle or luxury import sedan; those vehicles depreciated in value by roughly 70 percent over five years. However, buyers considering a Jeep Wrangler Unlimited (27.3 percent after five years) or just about any heavy-duty pickup truck will do much better, since they depreciate less than other vehicles. And, as you might have guessed, Toyota pickups ranked well.

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The study analyzed more than 3.6 million model-year 2013 vehicles sold in 2013 and more than 750,000 model-year 2013 used vehicles sold between January and September 2018. Only models for which depreciation was accurate within plus or minus 0.5 percentage points were used in the final analysis. Used-car prices from 2018 were inflation-corrected by 7 percent to 2013 dollars. Vehicles with outlier pricing were removed.

So how did pickups do? Listed below are the top nine mid-size and half-ton trucks that depreciated the least after five years.

Light-Duty Pickups: Average Depreciation

1. Toyota Tacoma, 29.5 percent
2. Toyota Tundra, 37.1
3. Honda Ridgeline, 37.2
4. Nissan Frontier, 37.8
5. Chevrolet Silverado 1500, 39.7
6. GMC Sierra 1500, 39.9
7. Ram 1500, 42.7
8. Ford F-150, 44.1
9. Nissan Titan, 44.7

Three-quarter-ton and one-ton pickup trucks hold their value even better after five years, in every case well above the truck industry average of 40.8 percent. Here's a full list of how the top 16 pickup trucks with the least amount of depreciation stacked up:

All Pickups: Average Depreciation

1. Chevrolet Silverado 2500, 29.5 percent
2. Toyota Tacoma, 29.5
3. GMC Sierra 2500, 30.6
4. Ram 2500, 33.7
5. Chevrolet Silverado 3500, 33.8
6. Ford Super Duty F-250, 34.3
7. Ram 3500, 34.3
8. Ford Super Duty F-350, 35.3
9. Toyota Tundra, 37.1
10. Honda Ridgeline, 37.2
11. Nissan Frontier, 37.8
12. Chevrolet Silverado 1500, 39.7
13. GMC Sierra 1500, 39.9
14. Ram 1500, 42.7
15. Ford F-150, 44.1
16. Nissan Titan, 44.7

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Cars.com photos by Angela Conners