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Year | Vehicle Depreciation* | Resale Value | Trade-In Value | ||
---|---|---|---|---|---|
2022 | $5,075 | $21,234 | $19,181 | ||
2023 | $2,667 | $18,567 | $16,627 | ||
2024 | $4,647 | $13,920 | $11,449 | ||
Now | $2,437 | $11,483 | $8,792 |
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2-Year Forecasted Depreciation
*Depreciation for the last 12 months of the private party resale value.
Annual Depreciation is an estimation of what your vehicle's value might be over time based on an average of similar vehicles. Estimations are calculated by comparing Kelley Blue Book Private Party Values of vehicles similar to yours over time, as well as forecasts from Manheim Auction data comparing current and projected auction values against current Kelley Blue Book Private Party and Trade-In Values. This is not a guarantee of actual depreciation. Local weather conditions, market factors and driver performance will also impact your vehicle's actual depreciation.
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EPA Total Interior | 116.6 cu.ft. | ||
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Fuel Capacity | 26.0 gallons | ||
Front Head Room | 41.0 inches | ||
Front Leg Room | 41.0 inches | ||
Max Seating Capacity | 6 | ||
Overall Length | 229.0 inches | ||
Front Shoulder Room | 66.0 inches | ||
Towing Capacity, Maximum | 7940 lbs. | ||
Wheel Base | 140.5 inches | ||
Truck Bed Volume | 58 cu.ft. | ||
Bed Length | 6.33 feet | ||
Gross Vehicle Weight Rating (GVWR) | 6945 lbs. | ||
Payload Capacity | 1510 lbs. | ||
Width with mirrors | 79.4 inches |
Alloy Wheels | Available | ||
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Fog Lights | Available | ||
Number of Doors | 4 doors |
City | 21 mpg | ||
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Highway | 29 mpg | ||
Combined | 24 mpg |
Drivetrain | 2WD | ||
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Transmission Type | Automatic | ||
8 speed | Available | ||
Recommended Fuel | Diesel |
Horsepower | 240 @ 3600 RPM | ||
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Torque | 420 @ 2000 rpm | ||
Engine | V6, Turbo EcoDiesel, 3.0 Liter |
Basic | 3 years / 36000 miles | ||
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Powertrain | 5 years / 100000 miles | ||
Corrosion | 5 years / 100000 miles |
If you’re looking for a handsome, hard-working full-size half-ton truck with an edge in the areas of fuel economy, engine options, towing and payload, the 2016 Ram 1500 pickup is a worthy candidate.
Many midsize pickups have grown in size and capability, almost matching the horsepower and tow ratings of their full-size counterparts. If you need something easier to park with a price starting around $20,000 or prefer a manual transmission, take a look at the Nissan Frontier, Chevy Colorado or Toyota Tacoma.
Used 2016 Ram 1500 Quad Cab Express HFE Pickup 4D 6 1/3 ft | Used 2016 GMC Sierra 1500 Regular Cab | Used 2016 Chevrolet Silverado 1500 Regular Cab | Used 2016 Chevrolet Silverado 1500 Crew Cab | ||
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Price | $14,022 | $12,311 | $12,837 | $12,779 | |
KBB.com Rating | 4.5 | 4.1 | 4.3 | 4.3 | |
Consumer Rating | 4.6 | 4.2 | 4.3 | 4.3 | |
Fuel Economy | City 21/Hwy 29/Comb 24 MPG | City 18/Hwy 24/Comb 20 MPG | City 18/Hwy 24/Comb 20 MPG | City 16/Hwy 23/Comb 19 MPG | |
Fuel Type | Diesel | Flexible Fuel | Flexible Fuel | Gas | |
Safety Rating | 4.0 | 5.0 | 5.0 | 5.0 | |
Seating Capacity | 6 | 3 | 3 | 6 | |
Basic Warranty | 3 years or 36000 miles | 3 years or 36000 miles | 3 years or 36000 miles | 3 years or 36000 miles | |
Horsepower | 240 @ 3600 RPM | 285 @ 5300 RPM | 285 @ 5300 RPM | 355 @ 5600 RPM | |
Engine | V6, Turbo EcoDiesel, 3.0 Liter | V6, EcoTec3, FF, 4.3L | V6, EcoTec, FF, 4.3L | V8, EcoTec3, 5.3 Liter | |
Drivetrain | 2WD | 2WD | 2WD | 2WD |