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Ram TRX vs. Ford Raptor: Which Holds Its Value Better on the Used Market?

Both trucks built a reputation as supertruck rivals, but the used market treats them differently as supply tightens. Here's what the current listings data suggests about value retention for each.

Buying guide6 min readTRX CENTRAL
Front three-quarter view of a red Ram 1500 TRX at the Retro Classics 2022 show.
Front three-quarter view of a red Ram 1500 TRX at the Retro Classics 2022 show.Alexander Migl, CC BY-SA 4.0, via Wikimedia Commons

Neither truck has a published, verifiable resale percentage worth quoting here, and anyone handing you a specific depreciation curve for the Ram 1500 TRX or the Ford F-150 Raptor is guessing. What the live listings data actually shows is a structural difference in supply: the Ram TRX pool is now fixed at whatever already exists, because Ram stopped building it, while the Raptor is still in production. That difference matters more to long-term value than any single percentage a used-car valuation tool prints today.

This piece works through what the current TRX inventory data supports, and is honest about where the Raptor comparison needs numbers we do not have on this site. If you want a hard number for current Raptor listing counts or average transaction prices, pull it from a live inventory source before you use it in a negotiation. Do not borrow a Raptor figure from this article, because there is not one in it.

What the current Ram TRX listings actually show

Live dealer inventory tracked by this site shows 1,561 total Ram 1500 TRX listings across the four model years it was built: 341 for 2021, 521 for 2022, 226 for 2023, and 266 for 2024. That is not an even spread. The 2022 model year alone accounts for roughly a third of everything on the used market right now, which lines up with 2022 being the first full production year after the truck launched in late 2020.

The thinner years, 2021 and 2023, are worth noting for different reasons. The 2021 truck is the launch year, so a chunk of that inventory carries early-build quirks that later runs ironed out, a topic covered in the used Ram TRX buying guide. The 2023 truck is thin simply because Ram built fewer of them relative to 2022 and 2024, not because of any known defect or recall pulling them off the market.

Average asking prices track with scarcity and age in the way you would expect: $68,532 across 332 live 2021 listings, $74,727 across 496 live 2022 listings, $84,087 across 220 live 2023 listings, and $93,144 across 264 live 2024 listings. The 2024s are commanding the highest average because they are the newest examples of a truck no longer in production, and because the 2024 model year is the last one before the badge moved to the Ram 1500 SRT TRX for 2027. A fuller breakdown of what these trucks are actually selling for, year by year, is in the site's TRX pricing data.

Why production ending in February 2024 changes the supply math

The Ram 1500 TRX was built from December 2020 through February 2024 at Sterling Heights Assembly in Michigan. That window is closed. No new 2021-2024 TRX units are being added to the used pool, ever. Every unit that gets wrecked, kept forever by its owner, or exported is one less TRX available to the next buyer.

That is a real fact about supply, and it is a reasonable input into thinking about future value. It is not, by itself, proof that prices will climb or hold flat over the next several years. Fixed supply supports value if demand holds or grows; it does nothing for you if buyer interest for a supercharged V8 half-ton fades as more capable electrified trucks come to market, or if a wave of high-mileage examples hits the market at once and drags the average down. The honest position is that a shrinking, non-replenished pool is a tailwind for value retention, not a guarantee of it. Anyone telling you a specific percentage for where TRX values will land in three or five years is filling in a blank this site will not fill in for them.

The 2027 Ram SRT TRX complicates this further. It is a different truck, with 777 hp and 680 lb-ft against the outgoing truck's 702 hp and 650 lb-ft, and it starts at $99,995 before destination. Live listings show it averaging $108,629 across 501 examples, which tells you dealer markup is still active on a brand-new nameplate a few weeks into production. That number says nothing about where 2021-2024 TRX values go from here, and treating the two trucks as one continuous depreciation line would be a mistake.

Where the Raptor comparison needs numbers this site does not have

This is a Ram TRX site, and we do not currently publish live Ford F-150 Raptor listing counts or average transaction prices with the same rigor we apply to the TRX data above. Before you use a Raptor figure to make a buying decision, pull current listing counts and average asking prices from a live inventory source, because Raptor production volume is meaningfully higher than TRX production ever was, and that alone changes how used supply behaves. A truck built in the tens of thousands per year does not tighten the way a truck that stopped production in February 2024 does.

What we can say without inventing a number: the two trucks have always drawn a direct comparison because they are the two factory-supercharged (well, one supercharged, one turbocharged in later Raptor generations) half-ton performance trucks that actually competed for the same buyer. The spec-level differences, and where the rivalry is closer or further apart than the internet claims, are covered in the full TRX vs Raptor comparison. That piece handles horsepower, suspension travel, and price at MSRP. This piece is specifically about used-market value retention, and on that question, do not accept a Raptor depreciation percentage from any source, including this one, unless it comes with the listing data behind it.

What actually drives value retention for a truck like this

A few things move the needle for either truck, independent of brand loyalty:

  1. Production status. A truck no longer built has a fixed used pool. A truck still in production does not.
  2. Trim and options mix. Loaded examples with the desirable option packages tend to hold interest longer than stripped base trims, though neither generation of TRX had much of a "stripped" trim to begin with.
  3. Mileage and modification history. A heavily modified TRX, especially one with a supercharger swap like the Whipple Stage 1 kit, can either add or subtract value depending entirely on the buyer, which is why modified trucks sell in a wider price band than stock ones.
  4. Regional demand. Off-road-capable performance trucks sell for more in some regions than others, and a national average always hides that spread.

None of these factors resolves into a single depreciation curve you can print in an article and trust in three years. They are inputs, not answers.

The verdict the current data actually supports

Based on live listings today, the Ram 1500 TRX pool is fixed in size, skews toward the 2022 model year in raw volume, and shows average asking prices climbing from $68,532 for 2021 trucks to $93,144 for 2024 trucks. That is a real, current snapshot, not a prediction. Whether that curve holds, flattens, or reverses depends on demand this site cannot forecast from inventory counts alone.

The Raptor side of the comparison cannot be verified with data currently published on this site, and any specific resale percentage or dollar figure you see attached to either truck elsewhere should be treated as an estimate until you check it against live listings yourself. If you are deciding between the two trucks new or shopping used, the spec and price groundwork is laid out in the TRX vs Raptor comparison and the used Ram TRX buying guide. Neither article, nor this one, replaces checking current listing prices the week you are actually ready to buy.

The short version

  • Live inventory shows 1,561 total Ram 1500 TRX listings across 2021-2024, with 2022 the deepest pool and prices climbing from a $68,532 average for 2021 trucks to $93,144 for 2024 trucks.
  • TRX production ended February 2024, so that used pool only shrinks from here. That supports future value; it does not guarantee it.
  • Do not trust any Ford Raptor resale percentage or price figure that is not backed by current listing data. This site does not currently publish verified Raptor inventory numbers, and neither should you accept an invented one.
  • Real value tracking for either truck requires watching live listing prices over time, not applying a fixed depreciation curve to a today snapshot.