Lack of new midsize pickup models driving strong resale values for older models

Lack of new midsize pickup models driving strong resale values for older models

June 28, 2013 by · Leave a Comment 

Filed under: Car Buying , Truck , Chevrolet , Nissan , Toyota According to a new study by Black Book , the fact that there are fewer mid-sized pickup truck options on the market is driving up the retail cost of used models. During the month of June, used vehicles from model years 2007-2011 depreciated an average of 1.3 percent across the board, but midsize pickups of the same year saw their value decrease by just 0.7 percent on average. Look across the past year, and the market as a whole saw those cars depreciate by 13.7 percent while midsize pickups saw their value decline by a mere 5.1 percent. Ricky Beggs, senior vice president and Managing Editor with Black Book, says midsize pickups are holding their value better than other products on the market due to the fact that there are so few brand-new options available. Currently, only Chevrolet , Nissan and Toyota offer midsize pickup trucks. Honda has a player in the game in the form of the Ridgeline , which is a sort of cross between a traditional pickup and a crossover, and the discontinued Ford Ranger falls into a smaller size class that no longer exists in the US. What’s all this mean to you? If you happen to have a set of keys to midsize pickup in your pocket, you’ve made a good investment. Don’t expect to see the machine depreciate as quickly as other vehicles on the road. Conversely, if you’re in the market, expect to pay a bit more than you might have expected for a non-fullsize pickup truck.

2013 Toyota Tacoma TRD Sport

2013 Toyota Tacoma TRD Sport

April 17, 2013 by · Leave a Comment 

Filed under: Truck , Toyota , Quick Spins “Oh yeah, Toyota still makes the Tacoma .” Admit it, that’s what you just said to yourself. It’s a perfectly natural reaction, but the Tacoma has been quietly anchoring its segment for years, outselling every other compact pickup without making too much of a fuss. Toyota hasn’t neglected the Tacoma – it was updated in 2012 with a revised nose and interior as the most noteable changes. In a world awash with high-value fullsize pickups all vying for your attention, the Tacoma still charms more than a few buyers out of their cash. I hooked a Tacoma for a week to see whether it still has enough to recommend it. Driving Notes The size of the Tacoma is nice. While fullsize trucks can feel a bit like the automotive equivalent of relaxed-fit jeans, the Tacoma does the Goldilocks “just right” thing for my purposes. Yet the cozy cockpit of the Access Cab I drove can become uncomfortably tight if you’ve got adults using the jumpseats regularly. If you travel in a pack, get the Double Cab. That goes double if you’ve got kids still in child seats, it’s the better choice.

Who sold the most small/midsize pickups in 2012? PickupTrucks.com investigates that, too

Who sold the most small/midsize pickups in 2012? PickupTrucks.com investigates that, too

February 28, 2013 by · Leave a Comment 

Filed under: Car Buying , Truck , Work , Ford , GM , Honda , Hummer , Nissan , Toyota , Ram PickupTrucks.com has taken another look at the sales of its favorite vehicle bodystyle as part of an ongoing series . According to registration data from R.L. Polk, the Toyota Tacoma easily took the crown as America’s best-selling mid-sized pickup, with 133,477 units rolling into new homes in 2012. For comparison, the second-place Nissan Frontier only saw 50,566 registrations. We feel compelled to point out that before Ford pulled the plug on its ancient Ranger , the company was moving some 75,000 units per year. That number had shriveled to 15,662 by 2012, which was still enough to surpass the Honda Ridgeline . Interestingly enough, one person brought home a brand-new Hummer H3T as well. But mid-sized trucks represent only a fraction of total pickup sales. Dealers sold a total of 241,471 midsizers last year compared to 988,326 half-tons. That segment was dominated by General Motors with 533,814 sales followed by Ford at 478,204.

PickupTrucks.com holds Ultimate 4×4 Challenge

PickupTrucks.com holds Ultimate 4×4 Challenge

September 19, 2012 by · Leave a Comment 

Filed under: Truck , Videos , Ford , Nissan , Toyota , Off-Road , Ram The crew at PickupTrucks.com has busy lately. In addition to wrapping up their global pickup shootout in Australia, the site also took the time to pit four factory off-road kings against each other. After extending invitations to every manufacturer to send out their most capable pickup, the Nissan Frontier PRO-4X , Toyota Tacoma Baja , Ram Power Wagon and Ford F-150 SVT Raptor all showed up to play. General Motors , meanwhile, declined to join the party. Each of the participants threw down in a total of 10 scored events with separate scoring, including old standbys like 0-60, 60-0, payload capacity and fuel economy. But Pickuptrucks.com also partnered up with 4Wheeler Magazine to put the bruisers through some legitimate off-road tests. Each pickup took on a tough sand hill climb as well as a stair climb and a rock scramble. While we weren’t surprised to see the Ford F-150 SVT Raptor take top honors, we were shocked to see where the Power Wagon wound up on the list. How’d the big Mopar place? You’ll have to scroll down to watch the video wrap-up.

70% of Japanese vehicles sold in America are built here, too

70% of Japanese vehicles sold in America are built here, too

January 6, 2012 by · Leave a Comment 

Filed under: Plants/Manufacturing , Honda , Nissan , Toyota A new study by the Japanese Automobile Manufacturers Association has found 70 percent of Japanese vehicles sold in the U.S. were built on a North American assembly line. According to TheDetroitBureau.com, the study found that more than 400,000 jobs have been created by Japanese automakers since Honda opened its first facility in the U.S. in 1982. Honda , Toyota and Nissan had a total of 29 plants operating in the U.S. in 2010 with a combined investment of $34 billion. Those numbers are likely to increase in the coming years. The Japanese Three have made no secret that the companies are looking to guard their operations against an ever-stronger yen. Odds are we’ll see even more Japanese facilities open their doors in Mexico, the U.S. and Canada.

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