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How fast is Ram depreciation?
I only recently bought my Ram, but I’m trying to decide on a timeline for how many years out I should try selling it. How fast is Ram depreciation?
Melanie Mergen · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
That’s a great question. A vehicle’s depreciation rate depends on several factors like:
- Demand
- General reliability
- Vehicle model
There’s no across-the-board Ram depreciation rate, but it’s common to expect a Ram truck to depreciate between 30 and 36 percent in the first three to five years. After the first several years, a vehicle’s depreciation usually doesn’t decline as quickly.
While some Ram depreciation might be inevitable, one of the most important things you can do is keep up with routine maintenance so your truck remains in its best possible shape—and, as a result, retains the highest possible value.
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