RAM 1500 Depreciation

A RAM 1500 will depreciate 31% after 5 years and have a 5 year resale value of $38,539.

If you check out our "comparisons" tab, you can select the Ram 1500, Ford F-150, and Silverado 1500, and see that the Ram doesn't fare that well when it comes to value retention in the half-ton pick-up market. While the heavier duty Ram 2500 and 3500 fare better, the 1500 just doesn't stack up well against either Ford or Chevy. In fact, the Ram 1500 doesn't even meet an industry average, which is unusual for a pick-up, as vehicles in this segment have held their value quite well over the years.

The chart below shows the expected depreciation for the next 10 years. These results are for vehicles in good condition, averaging 12,000 miles per year. It also assumes a selling price of $56,237 when new. Enter your purchase price, expected ownership period and estimated miles driven annually. Our depreciation calculator will predict an expected resale value for the RAM 1500.

RAM 1500 Depreciation Calculator

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RAM 1500 Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $2,868 94.90% $53,369 12,000 2022
2 $6,805 87.90% $49,432 24,000 2023
3 $7,159 87.27% $49,078 36,000 2024
4 $13,722 75.60% $42,515 48,000 2025
5 $17,698 68.53% $38,539 60,000 2026
6 $21,578 61.63% $34,659 72,000 2027
7 $24,756 55.98% $31,481 84,000 2028
8 $27,146 51.73% $29,091 96,000 2029
9 $31,200 44.52% $25,037 108,000 2030
10 $33,613 40.23% $22,624 120,000 2031

RAM 1500 Depreciation

Years Old Depreciation Residual Value Resale Value
1 $2,868 94.90% $53,369
2 $6,805 87.90% $49,432
3 $7,159 87.27% $49,078
4 $13,722 75.60% $42,515
5 $17,698 68.53% $38,539
6 $21,578 61.63% $34,659
7 $24,756 55.98% $31,481
8 $27,146 51.73% $29,091
9 $31,200 44.52% $25,037
10 $33,613 40.23% $22,624

Buying a RAM 1500 New vs Used

If you purchase a used RAM 1500 that is 2 years old, then you could save $6,805 compared to buying new, and still have a relatively new model with plenty of useful life remaining. If you plan to keep this vehicle for 3 years then your total cost of depreciation would be $10,893. Try other age and ownership length combinations, or different vehicles to see if you can find depreciation sweetspots where this cost is the lowest. Hint: Try vehicles between 2 and 4 years old, as brand new vehicles depreciate quickly. Also, if this is a recently released model and buying a few years old isn't possible, consider another vehicle, or perhaps wait until more used 1500 models become available.

What About RAM 1500 Insurance Costs?

The average cost to insure a RAM 1500 is about $1,743 per year. This adds up to around $8,715 after 5 years of vehicle ownership. Unlike depreciation, this expense can often be lowered by shopping around for lower insurance premiums. Comparing quotes will ensure that you are not overpaying if you already own a RAM 1500. Or, if you are just researching, then it would be money-wise to know this cost before buying. Try our Competitive Quote Tool or the form below to get free quotes. Advertising Disclosure

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The Best Model Years to Buy a RAM 1500

The 2021 RAM 1500 is our top pick for the best model year value for the 1500. With the 2021, you would only pay, on average, 95% of the price as new, with 92% of the vehicle's useful life remaining. The 2020 and 2018 model years are also attractive years for the 1500, and provide a relatively good value. Our rankings consider multiple factors, including the 1500's price as new, current price, maintenance costs and remaining years of overall predictabe expenses. Our top ranked model year represents the most car for the money of the RAM 1500 models.

Ram 1500 Historical Depreciation

Year New Price Current Price Maintenance $ Decline % Decline % Paid Value Rating
2022 $56,237 $56,237 $589 $0 0% 100%
2021 $56,113 $53,947 $695 $2,290 4.07% 94.9% Best
2020 $44,555 $40,030 $865 $13,917 25.8% 87.9% Better
2019 $43,216 $38,851 $1,136 $1,179 2.95% 87.27%
2018 $42,100 $33,189 $1,362 $5,662 14.57% 75.6% Better
2017 $42,895 $31,115 $1,717 $2,074 6.25% 68.53% Good
2016 $42,710 $28,758 $2,437 $2,357 7.58% 61.63% Good
2015 $41,630 $26,027 $2,723 $2,731 9.5% 55.98%
2014 $39,140 $23,238 $2,989 $2,789 10.72% 51.73%
2013 $38,874 $20,693 $3,385 $2,545 10.95% 44.52%
2012 $36,844 $18,258 $3,435 $2,435 11.77% 40.23%
2011 $36,480 $16,422 $3,858 $1,836 10.06% 34.44%
Year Price % Paid Value Rank
2022 $56,237 100%
2021 $53,947 94.9% Best
2020 $40,030 87.9% Better
2019 $38,851 87.27%
2018 $33,189 75.6% Better
2017 $31,115 68.53% Good
2016 $28,758 61.63% Good
2015 $26,027 55.98%
2014 $23,238 51.73%
2013 $20,693 44.52%
2012 $18,258 40.23%
2011 $16,422 34.44%

RAM 1500 Depreciation Rankings

Depreciation Rankings

We've ranked over 200 models from best to worst for Depreciation. See where the RAM 1500 ranks for Depreciation compared to other vehicles. Also check out how the 1500 stacks up in our rankings for Maintenance, Insurance and Overall Costs.

Depreciation Rankings

Other RAM 1500 Costs of Ownership

Finding a car or truck that saves on depreciation costs is important. But, it's also imperative to view all major RAM 1500 costs. This will ensure that you are finding the vehicle that provides you the best value, at the lowest cost. We've created tools that will also help you to save on the following ownership expenses: