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Year | Vehicle Depreciation* | Resale Value | Trade-In Value | ||
---|---|---|---|---|---|
2022 | $2,018 | $19,728 | $17,893 | ||
2023 | $2,903 | $16,825 | $15,061 | ||
2024 | $3,261 | $13,564 | $11,490 | ||
Now | $1,629 | $11,935 | $9,753 |
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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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Fuel Capacity | 26.0 gallons | ||
---|---|---|---|
Front Head Room | 39.9 inches | ||
Front Leg Room | 41.0 inches | ||
Max Seating Capacity | 3 | ||
Overall Length | 209.0 inches | ||
Front Shoulder Room | 66.0 inches | ||
Towing Capacity, Maximum | 9180 lbs. | ||
Wheel Base | 120.5 inches | ||
Truck Bed Volume | 58 cu.ft. | ||
Bed Length | 6.33 feet | ||
Gross Vehicle Weight Rating (GVWR) | 6025 lbs. | ||
Payload Capacity | 1520 lbs. | ||
Width with mirrors | 79.4 inches |
Alloy Wheels | Available | ||
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Fog Lights | Available | ||
Number of Doors | 2 doors |
City | 15 mpg | ||
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Highway | 22 mpg | ||
Combined | 17 mpg |
Drivetrain | 2WD | ||
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Transmission Type | Automatic | ||
8 speed | Available | ||
Recommended Fuel | Regular | ||
Limited Slip Differential | Available |
Horsepower | 395 @ 5600 RPM | ||
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Torque | 410 @ 3950 rpm | ||
Engine | V8, HEMI, 5.7 Liter |
Basic | 3 years / 36000 miles | ||
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Powertrain | 5 years / 60000 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 Regular Cab Express Pickup 2D 6 1/3 ft | Used 2019 Ford F150 Super Cab | Used 2016 Chevrolet Silverado 1500 Regular Cab | Used 2016 Chevrolet Silverado 1500 Crew Cab | ||
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Price | $14,672 | $15,369 | $12,970 | $12,779 | |
KBB.com Rating | 4.5 | N/A | 4.3 | 4.3 | |
Consumer Rating | 4.6 | 4.5 | 4.3 | 4.3 | |
Fuel Economy | City 15/Hwy 22/Comb 17 MPG | City 20/Hwy 26/Comb 22 MPG | City 18/Hwy 24/Comb 20 MPG | City 16/Hwy 23/Comb 19 MPG | |
Fuel Type | Gas | Gas | Flexible Fuel | Gas | |
Safety Rating | 4.0 | 4.0 | 5.0 | 5.0 | |
Seating Capacity | 3 | 6 | 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 | 395 @ 5600 RPM | 325 @ 5000 RPM | 285 @ 5300 RPM | 355 @ 5600 RPM | |
Engine | V8, HEMI, 5.7 Liter | V6, EcoBoost, Twin Turbo, 2.7 Liter | V6, EcoTec, FF, 4.3L | V8, EcoTec3, 5.3 Liter | |
Drivetrain | 2WD | 2WD | 2WD | 2WD |