Posted on: July 5, 2022 Posted by: Winter Auto Comments: 0

We know you’re not going to keep your truck forever. So, it’s important to know how much you can sell it for in a few years. New and used trucks are selling for crazy money right now, but one truck should depreciate less than others. The 2022 GMC Canyon has the best residual value and the least depreciation of any truck over five years. But, it’s impossible to say what will happen when the new 2023 GMC Canyon hits dealers this fall.

Keep any truck maintained and it’ll keep its value

1993 Chevy Silverado Pace Truck

1993 Chevy Cilverado Pace Truck | Jacob Frey, Wikimedia Commons

Trucks don’t appreciate unless they’re collectible exotics. Some are buying and flipping trucks for massive profits.  But unless you put in an early order on a Rivian R1T or a GMC Hummer EV Truck, you’re out of luck if you’re looking to make a quick buck flipping.