Analysts at Kelley Blue Book reported that average values for one- to three-year-old pickup trucks have remained strong as a result of high demand at auction, despite fuel prices peaking in December 2016.
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Nissan is offering a "work truck package" with its 2017 Frontier mid-size pickup, which will retails for at least $19,330 and is on sale now, Nissan has announced.
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Used vehicles depreciated 2.8% in November during a month that typically sees higher depreciation as vehicles lose greater value toward the end of the year, reports Black Book.
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The third-generation 2016 Toyota Tacoma base model SR will carry a retail price of $24,200 when it arrives at dealer lots in the middle of September for about a $3,000 increase over the outgoing model.
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Currently, there are very few model options available in the mid-size pickup truck category, ultimately driving strong wholesale prices.
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