Trending...
- 'Unity Through Christ Music Festival' coming to Detroit Saturday August 9, 2025
- SacraPod Suites Unveils AI-Powered 'Work + Rest' Smart Hospitality Model for Retrofitting Underused Motels Across the U.S
- From Real Estate to Reel Power: H.L Woods Carves His Legacy as a Cutting-Edge Visionary Filmmaker
CHICAGO, Sept. 27, 2023 ~ Cars.com has released its first-ever Pickup Truck Buying Guide, an in-depth review of the 2023 truck-market landscape. The guide provides consumers with insight into the crowded field of trucks to help make more informed purchasing decisions.
According to Aaron Bragman, Cars.com's Detroit bureau chief, "Pickup trucks are consistently some of the most searched vehicles on Cars.com. In fact, searches for new pickups — despite the increasingly high price — are as strong as ever, up 4% over 2022." He added that pickups offer more versatility and utility and can haul, tow and go off-road — and are increasingly becoming great family vehicles.
Cars.com's Top Picks for 2023 include the 2024 Ford Maverick (Budget-Friendly), 2023 Ram 1500 (Family), 2024 Chevrolet Silverado 1500 (Towing, Light Duty), 2023 Ford Super Duty F-250/350 (Towing, Heavy Duty), 2023 Ram 1500 Limited/Limited Longhorn (Luxury), 2023 Ford F-150 Raptor (Off-Road) and 2024 Hyundai Santa Cruz (Urban).
More on Michimich.com
A recent survey by Cars.com revealed that truck owners get more compliments about their truck than other vehicles they've owned, and about 47% of consumers say pickup truck owners are more attractive. Bragman noted that pickups have a certain cachet that comes with being a pickup truck owner but come at a steep price.
The automotive market continues to fluctuate with a notable disparity between the price of pickup trucks compared to the average car; the average price tag on a new vehicle is over $50,000 while new pickup trucks have soared to more than $60,000 — a nearly 6% surge YOY. Used vehicles are down almost 6% YOY at over $30,000 while used pickup trucks are seeing a substantial hike in value at nearly $43,000 — representing a significant 9% upswing YOY.
Electric pickup trucks have also started to enter the market but come with limited towing range and payload capacity as well as an average price tag of more than $94,000 in August 2023; three in four pickup truck shoppers surveyed say they are not likely to purchase an EV for their next truck purchase due to purchase price and range limitations being their top concerns.
For more information on Cars.com's Pickup Truck Buying Guide or car-buying advice and tips visit Cars.com/News
According to Aaron Bragman, Cars.com's Detroit bureau chief, "Pickup trucks are consistently some of the most searched vehicles on Cars.com. In fact, searches for new pickups — despite the increasingly high price — are as strong as ever, up 4% over 2022." He added that pickups offer more versatility and utility and can haul, tow and go off-road — and are increasingly becoming great family vehicles.
Cars.com's Top Picks for 2023 include the 2024 Ford Maverick (Budget-Friendly), 2023 Ram 1500 (Family), 2024 Chevrolet Silverado 1500 (Towing, Light Duty), 2023 Ford Super Duty F-250/350 (Towing, Heavy Duty), 2023 Ram 1500 Limited/Limited Longhorn (Luxury), 2023 Ford F-150 Raptor (Off-Road) and 2024 Hyundai Santa Cruz (Urban).
More on Michimich.com
- Spanglish Entertainment Announces Inaugural Spanglish Party Cruise: A Celebration of Music and Culture
- Revolutionary Blockchain Platform Okh Finance Announces Okh Finance(OKKH) Token Launch to Transform Global Asset Leasing Market
- Cover Girl Finalist Teisha Mechetti Questions Legitimacy of Inked Originals Competition, Demands Transparency
- Easton & Easton, LLP Files Suit Against The Dwelling Place Anaheim & Vineyard USA Over Abuse Allegations
- AI Visibility: The Key to Beating Google's AI Overviews and Regaining Traffic
A recent survey by Cars.com revealed that truck owners get more compliments about their truck than other vehicles they've owned, and about 47% of consumers say pickup truck owners are more attractive. Bragman noted that pickups have a certain cachet that comes with being a pickup truck owner but come at a steep price.
The automotive market continues to fluctuate with a notable disparity between the price of pickup trucks compared to the average car; the average price tag on a new vehicle is over $50,000 while new pickup trucks have soared to more than $60,000 — a nearly 6% surge YOY. Used vehicles are down almost 6% YOY at over $30,000 while used pickup trucks are seeing a substantial hike in value at nearly $43,000 — representing a significant 9% upswing YOY.
Electric pickup trucks have also started to enter the market but come with limited towing range and payload capacity as well as an average price tag of more than $94,000 in August 2023; three in four pickup truck shoppers surveyed say they are not likely to purchase an EV for their next truck purchase due to purchase price and range limitations being their top concerns.
For more information on Cars.com's Pickup Truck Buying Guide or car-buying advice and tips visit Cars.com/News
Filed Under: Business
0 Comments
Latest on Michimich.com
- Vinnetwork Unveils Decentralized AI Platform with Vinnetwork(VIN) Token to Challenge Tech Giants' Data Monopoly
- Centennial Flyers to Become Colorado's First Launch Customer for All-Electric B23 Energic Aircraft
- Pyro Marketing Opens New Digital Marketing Company in Saint Petersburg to Power Growth for Fitness and Ecommerce Brands
- Dr. John Salerno of Salerno Wellness Introduces Their New Full Body Capsule for Advanced LED Light Therapy Patient Treatments
- $14M Expansion Deal with Famed David Lloyd Highlights Rebrand of Sports, Entertainment and Gaming Innovation by AI Driven, Online Fan Engagement Co
- Heartfelt Dreams Foundation Launches Campaign to Build CHD Hospital
- Radarsign Tackles Intersection Safety with Launch of Grid-Free Solar LED Stop Sign
- Wolverine Glass Explains 3 Different Types of Shower Door Glass
- Michigan Commercial Debt Collector Says that Summer is Strategy Season!
- Ann Arbor Chiropractor Explains Causes, Symptoms, and Treatment for Carpal Tunnel
- NSG Provides IT and Cybersecurity Tech Support to Ann Arbor Businesses!
- Miami Real Estate Agent Drastically Increases Interest In Homes
- Adostics & Genmega Announce the Introduction of A-POD
- Trenton Rotary Club awards Five $2500 Business Grants
- LIB and Nidec Rejoin Forces for Giant TH-0098 Temperature Humidity Test Chamber
- Heritage at South Brunswick Offers Immediate Townhome Appointments and Special Mortgage Incentive Fast-Moving Sales
- NASA Collaborative Agreement for Supply of Thin-Film Solar Tech for Orbital Application to Advance Development of Thin-Film PV Power Beaming: $ASTI
- Critically Acclaimed Crime Drama Trap City, Starring Jeezy and Brandon T. Jackson Hits #1 on STARZ
- Exciting New Era of Sports, Entertainment & Gaming Innovation Spotlighted by Rebrand of Expanding AI Driven, Online Fan Engagement Company: SEGG Media
- Service Ninjas Debuts First-of-Its-Kind "Membership" Platform for Home Service Pros