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Buying a pickup truck: How to choose Advertiser Disclosure Advertiser Disclosure We are an independent, advertising-supported comparison service. Our aim is to assist you make smarter financial decisions by offering interactive financial calculators and tools as well as publishing original and reliable content, by enabling you to conduct research and analyze information for free to help you make informed financial decisions. Bankrate has agreements with issuers such as, but not limited to American Express, Bank of America, Capital One, Chase, Citi and Discover. How We Make Money The products that appear on this website come from companies who pay us. This compensation could affect how and when products are featured on this website, for example, for example, the order in which they appear in the listing categories and other categories, unless prohibited by law. This applies to our mortgage, home equity and other products for home loans. But this compensation does not influence the information we publish, or the reviews you read on this site. We do not include the vast array of companies or financial offers that may be accessible to you. AleksandarNakic/Getty Images
4 min read published 20th April 20, 2022
Written by Kellye Guinan. Written by Personal and Business Finance Contributor Kellye Guinan is an editor and writer on a freelance basis with more than five years' experience in personal financial planning. She also is employed full-time at the local library where she assists the community to access information about financial literacy, as well as other topics. The article was edited by Rhys Subitch Edited by Auto loans editor Rhys has been editing and writing for Bankrate from late 2021. They are dedicated to helping their readers feel confident to manage their finances by providing concise, well-researched and precise facts that break down complex subjects into digestible pieces. The Bankrate guarantee
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If you have questions about money. Bankrate has answers. Our experts have been helping you master your money for over four decades. We continually strive to provide consumers with the expert advice and tools needed to be successful throughout their financial journey. Bankrate follows a strict policy, which means you can be confident that our content is honest and precise. Our award-winning editors and journalists create honest and accurate content that will help you make the right financial decisions. The content we create by our editorial team is objective, truthful and uninfluenced through our sponsors. We're transparent about the ways we're able to bring quality information, competitive rates and helpful tools to you by explaining how we make money. Bankrate.com is an independent, advertising-supported publisher and comparison service. We receive compensation for placement of sponsored products and services, or by you clicking on specific links on our website. Therefore, this compensation may affect the way, location and in what order products are displayed within the listing categories, with the exception of those it is prohibited by law for our mortgage, home equity and other home loan products. Other factors, such as our own website rules and whether a product is available within your area or at your own personal credit score could also affect how and where products appear on this site. Although we try to provide a wide range offers, Bankrate does not include details about every financial or credit item or product. Trucks can be a bit complicated. There are a myriad of models, and the size and strength you require will depend entirely on how you intend to utilize your truck. Familiarize yourself with typical features such as powertrain axles, cab dimensions, and towing capacity prior . Selecting a pickup is going to take research, but preparation will result in a well-informed decision that fits your lifestyle and financial needs. What kind of power do you need? A truck with more power, towing capacity and torque will cost you more. The price isn't the only factor however, it is important to think about whether you really require an extremely powerful engine prior to spending thousands of dollars on it. A diesel engine is a great option, and offers more power -- will also cost you a lot. The V6 and V8 engines are more popular and provide greater power, however there are four-cylinder engines for smaller loads. If your biggest haul is to buy groceries, think about an engine that is smaller and offers an automatic gas engine that is fuel efficient and has high efficiency. The less power you use will be more beneficial for you and your budget. What is the amount you're hauling? A midsize truck is your best option if you don't intend to haul trailers or big boats. They are more affordable and have better quality driving over their larger counterparts. Midsize trucks are best suited to lighter loads rather than towing. Because of their weight reduction you'll pay lower fuel costs. Which means if you have an item to pull, opt for a large-sized truck. There are heavy-duty and light duty alternatives for nearly every full-size model out there. Naturally, trucks meant for light-duty use will haul smaller, but once again they are more fuel efficiency due to their smaller weights. Remember: towing capacity and payload capacity are two different things. Towing is how much your truck can carry behind it. Payload is the amount it can carry in its bed. Even if you're not planning to strap a heavy-duty horse trailer to the rear of your truck, make sure the payload of the trailer meets your requirements. Do you require four- or two-wheel drive? A truck that has two-wheel drive will be less expensive and offer . You'll be able to select either front- or rear-wheel drive. Whichever one you pick is best to be used on roads. A truck with four-wheel drive is better suited to going off road and in slippery or icy conditions, like on a boat launch. You get better performance, however, it won't be as fuel efficient. How much cab space do you need? The cab space is one of the more important aspects for truck drivers who are not experienced. And for most the time, a cab with a crew will make the most sense even if it does cost more. Single-cabs: Single cabs are the traditional two-door design. They are typically just able to accommodate three people, however they often have larger beds. Extended cabs: Extended cabs basically are the equivalent of a cab and half. You'll have two smaller doors and a limited amount of legroom in the rear seat, but it's a good option to choose between single and crew cab options. Crew cab: Crew cabs are a four-door version that looks like an SUV or sedan. The space of a crew cabin varies depending on the model and trim, but they are the best choice if you have passengers in the back seat regularly. Options for fuel You're not restricted to diesel or gas. Companies like Ford are committing to providing more options in the future. However, they are new and could limit your payload or towing capacity. Between gas and diesel, diesel engines are slightly more efficient in terms of fuel consumption. They also have greater power to trucks that are in use. But, they're also expensive to buy and to fuel. For casual drivers the gas engine might be the best choice. They offer more versatility and lower cost than diesel or electric engines. You're more likely to find these on the bed , too. A short or long bed? The longer your bedis, the smaller your cab. Therefore, if a team cab is necessary and you need it, you'll end up with a shorter bed. And if you need that longer bed, you may be forced to choose a single or extended cabin. One thing you should consider is how often you'll put things into the bed. If the truck is used mostly for looks -- and there's nothing wrong with it -- a smaller bed is easier to park and maneuver. It will likely also be ample space to haul something larger. Used or new? New trucks will give you the chance to be particular about the entirety of your ride as well as the exterior. It's definitely a big investmentnew vehicles can be expensive however, when you've got a particular design, technology or other features in mind it's best to go. Conversely, a used truck is the more affordable choice. You might not be able to get the exact truck you want, but you will avoid that depreciation. If you're just looking for something that is functional, there are older models available that are cheap and durable. It all depends on your budget and priorities. A brand new car may be costly, but it might be more efficient in fuel usage or have more technology. A used vehicle may be less fuel efficient however, the lower price could make it cheaper to drive. Manual or automatic? This is more of an individual choice. There isn't a huge difference as far as price between these two options, however some trucks may come standard with one or the other. For urban or suburban drivers, automatic is the most comfortable ride. However, if you require more control for off-roading, manual transmission might suit you better. Next steps Once you have considered the bigger aspects of owning a vehicle, begin looking at actual models and trims. These will help you get a clear idea of the budget you'll be looking at. When you're aware of this, you'll be able to book a cab with a fair interest rate.
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Written by personal and business financial writer Kellye Guinan is a freelance editor and writer with more than 5 years experience working in the field of personal financial. She also is an employee full-time at her local library where she assists her community access information about financial literacy, among other topics. Edited by Rhys Subitch Edited by Auto loans editor Rhys has been editing and writing for Bankrate since the end of 2021. They are committed to helping readers gain confidence to take control of their finances through providing concise, well-researched and well-organized information that dissects complicated topics into digestible pieces.
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