Tiny trucks are making a comeback, but you won't want to drive them - Digital Trends

In the past year GM has rolled out twin midsize trucks the GMC Canyon and the Chevy Colorado, meanwhile Toyota has announced the first update to its Tacoma since dinosaurs roamed the earth. State of the market The odd thing about midsize trucks is that while automakers have largely ignored the midsize truck market — the last new truck introduced before this year was the now deceased Dodge Dakota — consumers haven’t. Though their share of the overall truck market has declined, new and used midsize trucks continue to command outsized prices. Here in the Pacific Northwest, one of the larger, midsize truck markets, buyers can expect to pay around $16,500 for a ten-year-old Toyota Tacoma. According to GM product planners Digital Trends has spoken with, it was this shockingly robust used market that convinced the company to get back into midsize trucks with the new Colorado and Canyon. The curse of this robust market, and a lack of competition, is that automakers charge a premium for midsize trucks. Old Tech Those might seem high but fair prices, considering the outrageous prices similar used trucks command — but unfortunately there’s more to the story. Source: www.digitaltrends.com