Are you in the market for one of America’s best-loved trucks? Since its introduction in the 2008 model year, Tundra has quickly climbed the ranks to become one of America’s best-selling full size pickup trucks. Awarded Best Resale Value in its class by Kelly Blue Book®, the U.S-made 2015 Toyota Tundra also has one of the lowest projected five-year costs of ownership compared to some of its closest competitors.
The 2015 Ford F150 Supercrew XL, for instance, costs virtually the same (albeit slightly more) initially. But five years down the dusty trail? You’ll end up paying $3,216 more to own and operate the Ford versus the 2015 Toyota Tundra SR5 Crewmax.
Or consider the comparison between the 2015 Toyota Tundra SR5 Crewmax and the 2015 Chevy Silverado 1500 Crew-Work. The Chevy costs a little more initially. And the costs continue to mount over the coming years compared to Tundra. After five years of ownership, you’ll end up having paid about $4,000 more for the Chevy.
Still not convinced Tundra is the better choice? Perhaps money is no object to you. But if it is, it’s hard to argue that the 2015 Ram 1500 Crew Express is truly a better value than Tundra. According to our projected five-year ownership cost comparison, the Ram (which is significantly more expensive from the get-go) will end up costing you more than $5,400 more to own and operate. Talk about sticker shock. Where we come from, that amounts to real money. Money that could be lining your pocket instead of going towards operating, maintaining, insuring and buying fuel for a Ram.
As you can see, there’s more to evaluating the value of a vehicle than immediately meets the eye. To make a truly informed purchasing decision, it’s important to look at the true, long-term costs associated with owning and operating a vehicle.