Truck purchases are made for a number of reasons. They could enjoy the increased comfort of riding higher up or the advantages of being so completely enclosed in metal. Or perhaps it’s the hauling power they require. Additionally, trucks are becoming safer, and their interiors are becoming more and more opulent. The availability of so many options in 2020 has increased customer interest in purchasing a truck, as seen by the sales figures.
The Ford F150, Ram 1500, and Chevy Silverado 1500 are three of the most popular trucks sold in the country. Ford has held onto the top rank for a number of decades despite fierce competition. Ford isn’t necessarily the best in every area, though.
The cost to own a truck
The amount you pay to drive off the lot with your new pickup isn’t the only expense to take into account when determining the size of the vehicle you can afford. The expense of vehicle ownership is another factor.
A list of the most affordable pickup trucks on the market was just published by Kelley Blue Book. The Chevy Silverado 1500 came in the first place based on the average 5-year cost of ownership. The cost to own? $47,697 over five years.
It seems like a great deal, especially since it’s one of the cheapest trucks to buy outright among the top 3, at least. In case you were curious, the Ram 1500 finished third. The Ford F-150 was not included in the ranking because it only included the top 3.
What else the Chevy Silverado gets right
Customers are drawn to the Chevy Silverado for more reasons than simply the cost. In terms of towing capacity, it is vying for the top rank as well. The Silverado 1500 can haul 13,500 lbs, which is the most. And even though the Ram 1500 and F-150 both have strong engines and good towing capabilities, they fall short of the Silverado.
Additionally, the Silverado 2500 HD outperformed competitors in terms of resale value; it has the highest at 60%. Additionally bigger than any of its rivals, the cargo bed is loaded with goodies.