When shopping for a used pickup truck, you will usually have a choice between
and used gasoline engine pickup trucks. The amount a new pickup truck
depreciates over time will have a direct affect on how much you pay for a
pickup truck. This is simply because some trucks depreciate faster than
others. However, when comparing diesel trucks against gasoline trucks
in terms of depreciation or resale values, a common question often
emerges: Do diesel trucks and gasoline trucks depreciate at the same
rate?
There are many factors that affect the depreciation and resale value
for any type of used truck. While most new trucks will depreciate
between 15% and 25% as soon as they are driven off the dealer's lot,
there are many variables that determine depreciating rates after that
point.
For instance, common factors considered in the depreciation and
resale values of used trucks are: overall estimated repair costs over
the life of the truck, fuel efficiency and fuel costs over a specified
number of years and, even a truck's ability to remain durable and
reliable for many years.
Generally speaking, pickup trucks that are considered to be very
reliable and provide good fuel economy often depreciate at slower rates
and have higher resale values than used trucks that are known to have
many repair issues and get poor gas mileage. Also, demand and popularity
for a particular pickup truck will also help to slow depreciation and
increase the resale value of the truck.
Typically, diesel trucks that are powered by bio-diesel fuel enjoy
better fuel economy and efficiency than the gasoline engine trucks.
Furthermore, diesel engines used in diesel powered trucks often remain
reliable up to three times longer than their gasoline engine
counterparts. For instance, most gasoline engines are designed to run
for about 125,000 to 150,000 miles before a major engine rebuild or
overhaul is needed. However, with proper maintenance, a diesel engine
often runs three times as many miles before major engine work is
required.
Bio-diesel fueled pickup trucks also produce more torque, which
allows for considerably more hauling and towing capacity than gasoline
engine pickups. So, consumers that need to tow heavy trailers or large
boats often choose diesel engine pickups because of the durability and
reliability of the engine when towing heavy loads.
On the other hand, gasoline engine powered pickup trucks usually
provide better horsepower and are more suited for stop and go driving in
most situations. Also, some smaller gasoline powered pickup trucks
offer fuel economy that rivals bio-diesel fueled trucks. For this
reason, diesel trucks and popular fuel-efficient gas engine powered
trucks, such as vehicles manufactured in Japan, often enjoy resale
values that are basically equivalent.
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