Both new and used pickup trucks are hot commodity right now. More customers have been buying them in the past few decades, while this type of automobile has always been popular. This increase in pickup sales is mainly because of lower gas prices and a better economy.
If you have a pickup to 15, this is great news. You get an excellent price for it When it's in good shape. If you're in the market for a pickup that is pre-owned, finding options might be challenging. You may end up wondering,"Where have all the inexpensive pickups gone?"
Statistics show that Costs have Jumped for the Typical Used Pickup
Recently, CarGurus.com printed findings in the study they conducted on pickup truck sales. Within this study, they monitored the gap between the costs of used pickups and that of all other body styles. And the results are striking.
- Average prices for used pickups are now 22% higher than they were four decades back.
- The overall CarGuru Used Price Index is only up by 1 percent over precisely the exact same time period.
- The typical price for a used pickup in January 2013 was $19,672. In January 2014, this index jumped to $22,231. Now, the price hovers at about $23,978.
- Shopper inquiries for used pickup trucks have risen by 36% when compared to requests for other types of used vehicles.
Pickups also appear to be keeping their value better than other vehicles. In this study, three- and - five-year cost retention was compared among the 50 automobile models. It was revealed that about 18 percent in value have dropped over three decades from MSRP. Other vehicles, on average, experienced about a 25% drop in value.
So, if you're looking for a pickup, what should you do? You need to focus on the less expensive models. Next, so as to ensure you're getting a price, you will want to research these pickups if you do decide to buy.
Used Pickup Trucks that are somewhat Affordable
You may have the ability to find variations of the following three pickups for at or under When you look hard enough. They're all full size and from the 2012 model year. Additionally, U.S. News & World Report rated these vehicles numbers one, two and three in their class when they came out.
- 1 -- The GMC Sierra 1500- The 2012 Sierra 1500 provides drivers a relaxing and comfortable ride along with a cabin constructed of high-quality materials. It also has a towing capacity of around 10,700 lbs.
- Two -- The Ram 1500- Evaluation drivers also have commended the ride quality of their 2012 Ram 1500 as"excellent." This pickup also boasts an interior that's fairly lavish and RamBox storage bins that are optional are also offered by it. It has a capacity of up to 10,450 pounds.
- 3 -- The Chevrolet Silverado 1500- Together with the 2012 Silverado 1500, you'll find a balanced ride and comfortable front seats. And if you can find one using a V8 engine, you'll receive lots of power and torque.
Obviously, before committing to some truck buy, ensure this type of vehicle fits your needs. Another type of vehicle may be worth contemplating If you don't need towing or hauling capacities. There are plenty of used options out there that will be more affordable, both in terms of cost and what you'll pay at the gas pump.