Top 10 Trucks With the Worst Residual Value for 2004


Residual value is something to consider when shopping for a new vehicle. Higher residual values mean lower monthly payments if you decide to lease the vehicle and better resale value if you decide to buy it. However, these are the minivans, pickups and SUVs with the lowest residual values for 2004 — that is, they're likely to depreciate the most during the ownership period. Below, we show the percentage of its original value that each vehicle is likely to retain after five years with an annual mileage of 15,000. Note that the residual value percentages are based on the national True Market Value® (TMV) price, plus typical options and destination charge.

Although you might think these are vehicles to avoid, keep in mind that many of them don't cost much to begin with. A Ford Ranger might not be worth much in dollars after five years on the road, but if it continues to provide reliable transportation, it has an intangible value to you as an individual. Moreover, vehicles with low residual values can be steals on the used car market, as you may be able to pick up a low-mileage truck on this list for much less than you'd pay for competitors that command higher resale prices.

  1. Chevrolet Tracker

    1. Chevrolet Tracker — 23%

  2. Ford Freestar

    2. Ford Freestar — 25%
    Ford Ranger

  3. Chevrolet Blazer

    3. Chevrolet Blazer — 27%
    Oldsmobile Silhouettea
    Suzuki Grand Vitara

  4. 4. Chevrolet Astro — 28%
    Isuzu Rodeo
    Mazda B-Series Truck
    Pontiac Aztek

  5. 5. Buick Rendezvous — 29%
    Ford F-150 Heritage
    Suzuki Vitara

  6. 6. Chevrolet Colorado — 30%
    Chevrolet Venture
    Dodge Caravan
    GMC Canyon
    GMC Safari
    Isuzu Ascender
    Isuzu Axiom

  7. 7. Pontiac Montana — 31%

  8. 8. Mercury Monterey — 32%
    Oldsmobile Bravada
    Suzuki XL-7

  9. 9. Dodge Grand Caravan — 33%
    Ford Explorer
    Mercury Mountaineer

  10. 10. GMC Sierra 2500 (light-duty) — 34%
    Jeep Grand Cherokee Kia Sedona

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