Ram 1500 Depreciation

A Ram 1500 will depreciate 50% after 5 years and have a 5 year resale value of $22,202.

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 13,500 miles per year, 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 $6,599 85.19% $37,956 13,500 2021
2 $13,148 70.49% $31,407 27,000 2022
3 $15,599 64.99% $28,956 40,500 2023
4 $19,796 55.57% $24,759 54,000 2024
5 $22,353 49.83% $22,202 67,500 2025
6 $24,554 44.89% $20,001 81,000 2026
7 $26,822 39.80% $17,733 94,500 2027
8 $27,891 37.40% $16,664 108,000 2028
9 $30,476 31.60% $14,079 121,500 2029
10 $31,532 29.23% $13,023 135,000 2030
Years Old Depreciation Residual Value Resale Value
1 $6,599 85.19% $37,956
2 $13,148 70.49% $31,407
3 $15,599 64.99% $28,956
4 $19,796 55.57% $24,759
5 $22,353 49.83% $22,202
6 $24,554 44.89% $20,001
7 $26,822 39.80% $17,733
8 $27,891 37.40% $16,664
9 $30,476 31.60% $14,079
10 $31,532 29.23% $13,023

Ram 1500 Depreciation Calculator

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If you purchase a used Ram 1500 that is 2 years old, then you could save $13,148 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 $9,205. 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 2018 Ram 1500 is our top pick for the best model year value for the 1500. With the 2018, you would only pay, on average, 70% of the price as new, with 83% of the vehicle's useful life remaining. The 2016 and 2017 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 $37,419 $603 $7,136 16.02% 85.19% Good
2018 $42,100 $30,468 $793 $6,951 18.58% 70.49% Best
2017 $42,895 $28,958 $1,080 $1,510 4.96% 64.99% Better
2016 $42,710 $25,002 $1,269 $3,956 13.66% 55.57% Better
2015 $41,630 $22,397 $1,652 $2,605 10.42% 49.83% Good
2014 $39,140 $19,921 $2,352 $2,476 11.06% 44.89%
2013 $38,874 $18,156 $2,683 $1,765 8.86% 39.8%
2012 $36,844 $16,684 $2,903 $1,472 8.11% 37.4%
2011 $36,480 $14,867 $3,341 $1,817 10.89% 31.6%
Year Price % Paid Value Rank
2020 $44,555 100%
2019 $37,419 85.19% Good
2018 $30,468 70.49% Best
2017 $28,958 64.99% Better
2016 $25,002 55.57% Better
2015 $22,397 49.83% Good
2014 $19,921 44.89%
2013 $18,156 39.8%
2012 $16,684 37.4%
2011 $14,867 31.6%
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 September 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.