Light commercial vehicles (LCVs) are central to corporate fleets across the Americas, and in 2026 their depreciation patterns have become a decisive factor in total cost of ownership. In the United States, full‑size vans and pickups—such as the Ford Transit, Ram ProMaster, Chevrolet Express, Ford F‑150, and Chevrolet Silverado—retain value strongly thanks to sustained demand from construction, delivery, and service industries. Compact vans and midsize vans show weaker resale performance, while early electric vans experience volatile depreciation due to incentives, rapid tech cycles, and battery‑related uncertainty.

In Latin America, the market behaves differently. Midsize pickups dominate corporate fleets, with models like the Toyota Hilux, Ford Ranger, Mitsubishi L200, and Chevrolet S10 achieving excellent value retention due to their durability and high demand in rugged industries. The Mercedes‑Benz Sprinter also performs well. Conversely, small pickups and compact delivery vans depreciate faster because of saturated resale markets and perceptions of lower durability. Chinese LCV brands are gaining traction but still face weaker resale values due to limited brand recognition.

Across both regions, understanding depreciation trends is essential for fleet managers seeking to optimize acquisition, remarketing, and total cost of ownership strategies.