Top 10 Pickups With the Worst Residual Value for 2008
By Warren Clarke, Automotive Content Editor Email
It's worth taking the time to learn a thing or two about residual value before deciding on your next pickup. Choose a truck with a high residual value, and you'll benefit from lower monthly payments if you opt to lease. Opt to buy one of these pickups, and you'll enjoy more robust resale values.
This list showcases the 10 pickups with the lowest residual value for 2008 — the trucks that are likely to depreciate the most during the ownership period. We've indicated the percentage of its original value that each truck is likely to retain after five years with an annual mileage of 15,000. Residual value percentages are based on the national True Market Value (TMV®) price, plus typical options and destination charge.
These trucks aren't as dismal a bet as you'd think. For one thing, a couple of them come with bargain-basement price tags, making them options to consider for those on a budget. Also, these trucks can be virtual steals when purchased on the used market, since you'll likely be able to purchase a pickup on this list for a lot less than you'd pay for a competing vehicle with a stronger resale value.