Ram 1500 Depreciation

A Ram 1500 will depreciate 56% after 5 years and have a 5 year resale value of $19,671.

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 _ ton pick-up market. While the heavier duty Ram 2500 and 3500 do 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 these vehicles 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 13,500 miles per, and assumes a purchase price of $44,555 when new. Key in your purchase price, expected ownership period and estimated annual miles driven into our depreciation calculator, and we'll predict an expected resale value just for you.

Ram 1500 Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $13,442 69.83% $31,113 13,500 2021
2 $15,759 64.63% $28,796 27,000 2022
3 $18,089 59.40% $26,466 40,500 2023
4 $21,885 50.88% $22,670 54,000 2024
5 $24,884 44.15% $19,671 67,500 2025
6 $26,359 40.84% $18,196 81,000 2026
7 $27,125 39.12% $17,430 94,500 2027
8 $28,742 35.49% $15,813 108,000 2028
9 $29,375 34.07% $15,180 121,500 2029
10 $30,514 31.51% $14,041 135,000 2030
Years Old Depreciation Residual Value Resale Value
1 $13,442 69.83% $31,113
2 $15,759 64.63% $28,796
3 $18,089 59.40% $26,466
4 $21,885 50.88% $22,670
5 $24,884 44.15% $19,671
6 $26,359 40.84% $18,196
7 $27,125 39.12% $17,430
8 $28,742 35.49% $15,813
9 $29,375 34.07% $15,180
10 $30,514 31.51% $14,041

Ram 1500 Depreciation Calculator

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If you purchase a used Ram 1500 that is 2 years old, then you could save $15,759 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 $9,125. 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.

The Best Model Years to Buy a Ram 1500

The 2019 Ram 1500 is our top pick for the best model year value for the 1500. With the 2019, you would only pay, on average, 70% of the price as new, with 92% of the vehicle's useful life remaining. The 2018 and 2016 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
2020 $44,555 $44,555 $502 $0 0% 100%
2019 $43,216 $30,779 $603 $13,776 30.92% 69.83% Best
2018 $42,100 $28,001 $793 $2,778 9.03% 64.63% Better
2017 $42,895 $26,558 $1,080 $1,443 5.15% 59.4% Good
2016 $42,710 $22,998 $1,269 $3,560 13.4% 50.88% Better
2015 $41,630 $20,032 $1,652 $2,966 12.9% 44.15% Good
2014 $39,140 $19,995 $2,352 $37 0.18% 45.08%
2013 $38,874 $17,889 $2,683 $2,106 10.53% 39.12%
2012 $36,844 $15,980 $2,903 $1,909 10.67% 35.49%
2011 $36,480 $15,771 $3,341 $209 1.31% 34.07%
Year Price % Paid Value Rank
2020 $44,555 100%
2019 $30,779 69.83% Best
2018 $28,001 64.63% Better
2017 $26,558 59.4% Good
2016 $22,998 50.88% Better
2015 $20,032 44.15% Good
2014 $19,995 45.08%
2013 $17,889 39.12%
2012 $15,980 35.49%
2011 $15,771 34.07%
Our Favorite Ram 1500 Photo

About Our Data and "Useful Lifespan"

We aggregate and analyze millions of automotive data points from a variety of sources, including some of the industry's leading data providers. The historical depreciation tables, charts, values and overall rankings are conducted on a semi-annual basis, with our most recent update published in April 2020.

While the "Useful Lifespan" of a vehicle will vary greatly from one model to the next, and even one owner to the next, we have determined that twelve years is the most appropriate timeframe which will yield us good, usable data - and that any data beyond that timeframe becomes more dispersed, and ultimately less reliable. Moreover, maintenance costs beyond that timeframe become significantly more varied, as a vehicle owner's care of a particular vehicle will greatly impact its value, and ongoing maintenance costs. We are very much hopeful, however, that your car or truck will last well beyond twelve years, and that it gets you to where you want to go.

If you would like to know more about our data and process, check out our FAQ here.