Five Reasons Used Trucks Retain Value Better Than Other Vehicles

Looking at used truck prices and noticing that they seem to hold their value? 

That’s because pickup trucks aren’t just work vehicles anymore. Modern trucks offer a winning combination of raw capability and everyday comfort, making them appealing to both weekend adventurers, growing families, contractors, and business owners. This broad appeal—plus their unmatched durability—means trucks retain their resale value better than sedans, SUVs, and crossovers. 

Here’s why investing in a used truck is one of the smartest moves you can make.

• Demand: Pickup trucks are always in demand, with higher demand comes higher price tags. 
• Durable Design: From towing trailers or campers to hauling supplies to the jobsite, pickup trucks are designed to work hard and stand the test of time. Thanks to their rugged design, trucks can handle challenges other vehicles can’t.
• Off-Road Capabilities: If you like to go off the beaten path, you’ll appreciate the incredible off-road capabilities and performance that modern pickup trucks offer. From four-wheel drive to rugged tires and a lifted suspension, these features are designed to take your adventures to the next level.
• Towing Capacity: From compact pickup trucks to full-size trucks like the Ram 1500, truck engines are more powerful than ever. If you need to tow heavy loads, there’s a pickup truck that can handle everything you need with ease.
• A Wide Range of Sizes and Power: Whether you need a versatile full-size pickup like the Ram 1500 or a heavy-duty workhorse like the Ram 2500, there’s a model for you.
• Advanced Technology: With sleek touchscreens and safety features like a Surround-View Camera System, technology in modern trucks allows you to stay safe and connected on every drive.

Here at Santee Chrysler Dodge Jeep Ram, we offer a variety of used vehicles, including trucks. If you’re searching for a used car dealership near you, explore our inventory and let us help you find one that fits your budget and meets all your needs. 

What Factors Determine the Depreciation of Your Vehicle? 

You probably already know that new vehicles begin to depreciate the moment they’re driven off the lot.

According to Kelley Blue Book, a new vehicle’s value drops by about 20% in the first year, which is the most dramatic drop in a vehicle’s lifespan. In five years, your vehicle will likely have lost about 60% of its initial value.

The vehicle’s make, model, age, mileage, condition, maintenance history, and accident history all have an impact on its value and depreciation. If you think you may trade or sell your current pickup truck, here are a few tips to help you get the most for it when the time comes:

• Keep up with maintenance, including oil and filter changes, tire rotations, and take care of any needed repairs quickly. Buyers want to know that the vehicle is mechanically sound and are willing to pay more for a truck they know they won’t have to shell out for repairs on.
• Take care of your vehicle inside and out. Regularly wash your truck and vacuum the inside. The interior doesn’t have to look new, but buyers like to see that it’s clean and was well-maintained.
• Be mindful of your mileage. It’s no secret that vehicles with lower mileage often sell for more than high-mileage vehicles.

If you’re curious how much your current ride may be worth, you canuse our trade-in value tool to get a quick estimate!

No matter what you drive, at Santee Chrysler Dodge Jeep Ram, we take pride in being a used car dealership that offers fair prices and high-quality pre-owned vehicles. 

Shop for a Used Car, Truck, or SUV at Your Auto Dealership in Manning, SC!

If you’re ready to buy a used Ram truck, explore our used truck inventory!

Our team is here to arrange a test drive and address any questions you may have. Buying a used truck doesn’t have to break the bank, so check out our used car specials and contact us today to learn more about your options. 

Looking for a pre-owned car or SUV instead? We can help with that, too!

From Charleston to South Carolina’s state capital, Columbia, we offer flexible financing options on new and used cars for sale! Visit us today to find your next ride!

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