The market for collectible cars has reached stratospheric levels over the past few years. Even a rusty, beat-up Porsche 912 can reach the $50,000 mark these days! Blame the current popularity of rare, classic cars on the economy or on the boring crop of current models from increasingly international automotive manufacturers, but there's no arguing that values have reached insane levels.
Even the likes of fancy pickup trucks – regardless of whether they're classics or modern monstrosities – has gotten wild. But not every pickup truck, no matter how rare it is, can live up to its price tag. There's a certain value in having a truck that can do truck stuff without being concerned about the potential for a few scrapes and scratches, though.
Keep scrolling for 18 rare and expensive trucks that aren't worth their ridiculous price tags.
18 Hennessey VelociRaptor 6x6
The Hennessey VelociRaptor definitely looks awesome. Its $350,000 price tag carries some shock value, though, having made just as much news as the 6x6 conversion completed by the maniacs who run the Texas-based tuning shop.
But even with the 750-horsepower engine upgrade, it's hard to justify buying a pickup that costs as much as a house in many areas.
17 Dodge Ram SRT-10
Out of all the street-sport pickup trucks ever made, the Dodge Ram SRT-10 must have required the most argument in a boardroom. But whoever believed in the power of dropping a Viper V10 into a pickup truck was a genius, though the truck probably won't be of much use to anyone who wants to go off-roading, no matter how valuable it may be on the secondhand market.
16 Dodge Ram Power Wagon
The world of restored vintage pickups has blown up lately, possibly due to how similar so many modern trucks look. And among all the options for a restoration project, the Dodge Power Wagon stands out as the most striking. Paying a ton of money, however, for a vintage truck makes it scary to potentially take it off-roading or into the brush for fear of scrapes and scratches.
15 Hennessey Goliath 6x6
Hennessey might be run by wild modders who seem intent on taking the automotive industry to insane places, but there's no doubt they've got good business sense.
For all the Chevy guys out there who hate Fords, Hennessey also built the Goliath 6x6 based on a Chevrolet Silverado. Hennessey only slated 24 for production, all at a price of $375,000.
14 Land Rover 110 Pickup
The Land Rover Defender is ubiquitous across the globe, even if very few made it to the United States. That rarity, though, means that anyone who does import a Landie can sell it for upwards of six figures, though buyers are really putting down all that cash for style points rather than effective and reliable utility.
13 Chevy K10 Sno Chaser
Chevrolet has built some of the most iconic pickup trucks in Detroit's history, but the K10 Sno Chaser definitely doesn't fit into that category. Sure, it was a limited edition build for the 1984 model year, but that bed-rail spoiler combo couldn't get much uglier. Plus, Chevy apparently forgot to work on their rust-proofing for these foul weather-inspired pickups.
12 Dodge Midnite Express
Dodge's Lil’ Red Express arguably started the street-sport truck craze, given that it was faster to 100 miles per hour than a contemporary Ferrari. The even-more-limited-edition Midnite Express truck is a valuable collectible with an awesome exterior to match.
But the truck is rust-prone, just like its sibling, and doesn't even have four-wheel drive.
11 Dodge Ram 1500 Hemi GTX
The Dodge Ram 1500 Hemi GTX wasn't technically a factory pickup, though the limited run was sold at Dodge dealers. Put together by the tuning company L.A. West, the Hemi GTX was limited to 433 vehicles, which makes their values high simply for rarity's sake. The 5.7-liter Hemi might sound attractive, but that's really the only thing going for these pickups.
10 GMC Syclone
The GMC Syclone took street-sport style to a whole new level, thanks to a turbocharged V6 sending power to all four wheels. The main problem with this truck is that it lacked a stick shift, though a single model-year of production means every single one remains relatively valuable.
But these little pickups can't really get up to much truck stuff, no matter how much they can burn all four wheels.
9 Jeep Honcho
With the recent introduction of the Gladiator, Jeep has returned to the pickup truck market. But despite their rarity, Jeep's older pickups just aren't worth the money they command on the secondhand market. Essentially, anyone willing to fork over cash for these trucks just wants to look cool much more than they want to enjoy a fat wallet.
8 Jeep Gladiator Rubicon
Sure, the Jeep Gladiator Rubicon might be getting plenty of press—and it's not exactly super-rare given that it's got a common factory options package, but the price tag for one of these pickups is absurd. Jeep dealers are dropping prices below MSRP already though, since these trucks just aren't worth the money. Plus, their tendency to spontaneously combust doesn't help things.
7 Ford Bronco
Classic Ford Broncos are increasingly popular among hipsters in big cities these days, both in SUV and pickup truck form. But these were strange models that, despite their fame, actually never managed to combine a powerful engine with a capable drivetrain.
People might be willing to pay up to $50,000 for a restored or restomodded Bronco, but they're just trying to look cool.
6 Shelby Dakota
The name Carroll Shelby will go down in automotive history as one of the industry's greatest legends. But the "Chicken Farmer from Texas" would probably prefer that most people don't remember his Shelby Dakota pickup truck, which was a sporty version of the parts-bin Dakota's first generation.
While it at least had a V8, among today's collectible pickups, this one shouldn't be worth much money.
5 Lincoln Blackwood
The Lincoln Blackwood proved yet again that luxury pickup trucks that can't perform truck duties just aren't going to do well. Still, Blackwoods have their fans, which means they can cost way more than they should.
Simply put, any pickup truck with a factory bedcover should never have made it past the drawing board phase to production.
4 Ford Skyranger
Once again, the pickup world was left wondering why on Earth anyone thought a convertible version of a truck was ever built. The Ford Skyranger managed to add in the extra feature of a bed-mounted spoiler to a soft-top convertible with a rear spoiler in the mix as well. The fact that anyone would pay collectible prices for such an ugly truck remains a mystery.
3 Chevrolet SSR
Chevrolet may have built one of the most hilarious pickups of all time, the SSR. For its absurd sticker price, no one wanted to pay for a hardtop convertible truck with a V8 engine, a factory bed cover, and retro styling. These days, a used SSR is actually worth good money, which can be chalked up almost entirely to the hilarity factor of this epic fail of a pickup truck.
2 Cadillac Mirage
While the Chevrolet El Camino remains a classic car-truck (or cruck), the Cadillac Mirage just stands out as a terrible combination vehicle. Only 204 examples were ever built before Cadillac gave up on the project, which was spearheaded by custom builder Gene Winfield.
Clearly, no one who wanted a luxurious Cadillac felt like a pickup bed was a solid piece of the puzzle.
1 Toyota Tacoma X-Runner
Toyota might have made some cool cars over the years, but the X-Runner edition of the Tacoma is a headscratcher. Instead of upping power, Toyota tried to make a truck with nimble handling by upgrading the suspension setup, plus added a limited-slip differential. But most people seem to love bagging their X-Runners, which still only have 236 horses hiding under the hood.
Sources: Autowise, Autotrader, and Wikipedia.