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Dodge Ram Prices Paid and Buying Experience

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Comments

  • eltipoeltipo Posts: 21
    I have not gone to the dealership yet because it is over 50+ miles away. Yes, it is a new leftover 07 model. Their website has 2 of the exact same vehicle on the lot. I am thinking $30,000 otd plus the $7000-$8000 rebate. Financing would be for the 22000-23000 range which I do not think is absurd. It is just difficult to price an '07 with the current tools available on the internet.

    I also have a trade that will be part of the deal. '05 Wrangler Unlimited w/ 14,000 miles in excellent condition. I am sure they can sell it certified used and recoup some of the discount they pass me.

    I am banking on a slumping economy, soaring gas prices, and a lack of consumer spending.

    Thanks for your help. Where did you check the price KBB, NADA, Edmunds TMV? I want to go into this armed to negotiate.
  • jfritschjfritsch Posts: 958
    kbb.com nada.com used car appraiser. If a 41500 msrp dodge ram (probably 43000 msrp for 08) with nav and such`wholesales used in 12 months (07) for $20000, buying it (an 08) for any less than 15000-16000+ off msrp is financially painful. Your target for a leftover low mi new 07 (41000 msrp) is about $22000 or so. Somewhere around 24000-26000 on an 08. (preferably closer to the lower)

    Forget about edmunds TMV on new vehicles. It is many times optimistic (for the dealer) and grossly optimistic for trucks. (I wonder what it is on a new 08 42000 ram?-- worth 20000 wholesale in a 12 months)

    Check out my message 4681 on the hyundai sonata forum for useful info on how to buy a car. Forget about bringing in paperwork for negotiating. Get 10-20 + bids via email from dodge dealers last week of the month for 08s. Work the top 2-3 against one another, eventually via cell phone. If your leftover 07 dealer won't chop at least 2000-3000 off your best deal on a similar 08 forget about it.

    Good luck
    --jjf
  • eltipoeltipo Posts: 21
    Thanks for the help. They just left a voice mail - Invoice plus the rebates and wholesale cost for the trade-in. It is enough to get me to look at the vehicle. I think dealers have not caught-up with the slumping economy and it has not hit them psychologically yet. They don't know they are selling snow cones in Alaska right now. ;)

    I'll let you know how I turn out.
  • sleukemsleukem Posts: 22
    Lookup your 07 vehicle used on kbb.com and nada.com with 14000 miles on it. If it is new with low miles (1000) add about $1000-2000 or so to the wholesale used price for the price of a leftover new 07. Don't be surprised if you can work almost as good a deal as 30k otd on a new 08 amongst other dealers and your dealer won't play ball. They like to work these leftovers and demos for like new money. Its almost an ego thing.

    jfritsch,

    I wanted to ask if the wholesale price you are getting from KBB on the 2007 Truck is the OTD price or whether you then add TT&L???

    It kind of sounds like you are saying the KBB price is the OTD price but I wanted to clairify.

    Thanks in advance!
  • jfritschjfritsch Posts: 958
    It would be impossible to really specify it with tax and title, the taxes alone would vary from $50 to $2000+ depending upon state and county one resides in.

    I think from my other post the 30k is inoperative. When I looked up the used wholesale price of an 07 41000 msrp ram (avg miles 14000) the 20000 figure was a bit surprising, but not much.
    Actually you may want to try for a much lower price as I see today I am paying $4.05 a gallon. Also don't forget to aggressively try for prices on the 08, (my msg #4681 in Hyundai Sonata prices paid forum) as people don't usually have much success (although they think they do) with demo's.

    Good Luck
    --jjf
  • patrickf1patrickf1 Posts: 1
    Hi All
    I am considering buying a 08 Dodge Ram 2500 4wd 6.7l 6-speed manual. MSRP on the trucks I am looking at is around $44,000. It will be my first pickup and am wondering what price I should be able to realistically bargain them down to. One dealer sent me an e-mail quote of 33,500 so I expect I can do better than this but I don't have a clue how low they can go hell thats 10,500 off MSRP by e-mail how are these trucks priced??.
    Any advice experience welcome.
    Thanks
    P
  • jfritschjfritsch Posts: 958
    Read the last 10 or so messages

    --jjf
  • cynar10cynar10 Posts: 5
    Can someone work with me on leasing a new Ram 1500?? I have a web page with a lease calculator, and here is what I'm working with. My trade is worth 2500 (or so but 2500 is a solid number) I don't want to put any money down, and I do have lease loyalty. I don't see anywhere in these posts a money factor or residual value. Does anyone know these??

    Thanks,
    Steve
  • cynar10cynar10 Posts: 5
    The truck I'm looking at has a Msrp of 40000
  • jfritschjfritsch Posts: 958
    Leases are mean't to be fleeces, so unless you have a business try to avoid them. If you do they are still mean't to be fleeces but you can try to minimize the damage.

    Your 40000 vehicle will have a trade in value of 18000 (probably less) in 12 months. ((look up an 07 on kbb.com or nada.com) Personally I would want something around 350/mo (preferably 300 or less with good credit) with no money down and 15000 miles/yr for 36 months with tax (7% in my state). Subtract 70/mo for your ttrade. I would prefer to sell it myself than prepay a lease with trade money down.

    If you put 5000 down to lower the payments and the vehicle is totalled I believe the insurance pays off the car and the remaining (lower) payments of the lease to the bank and you eat the 5000. 2500 is less than that but still.

    Good luck
    --jjf

    The truck I'm looking at has a Msrp of 40000
  • Hello Sleukem -
    I was wondering if you have purchased the Dodge Ram and what your comments are if you have. We are currently looking at the Quad Cab, Diesel, it will be used to haul a stock trailer.

    I am also concerned about pricing, and this will be the first "new" vehicle we have purchased. If you have completed the purchase I would like to know your thoughts/comments, and if you are enjoying the new truck? Thanks.
  • smr1500smr1500 Posts: 1
    MSRP $41,600 (it's a 4x4 Big Horn pkg w/ navigation, tow package, seat heaters, stability control, limited slip, 20" wheels, etc.) Purchased for $26,500.

    If I waited a couple of weeks, I might have picked it up for under $25k. Then again, the other truck that was $15k off MSRP was sold less than 2 hours before I went down to look at the one I wound up buying...
  • Karen_CMKaren_CM Posts: 5,012
    A reporter with a large newswire would like to speak with consumers who purchased a truck or SUV in the past couple of months and received a good deal as demand was low because of gas prices. If you just purchased a truck or SUV recently, please respond to ctalati@edmunds.com with your daytime contact information no later than Monday, August 25th.

    Community Manager If you have any questions or concerns about the Forums, send me an email, karen@edmunds.com, or click on my screen name to send a personal message.

  • ryang1ryang1 Posts: 1
    Well I am a chevy guy and have been for years. I broke down and bought a dodge.
    2007 SLT 5.7L

    Paid: 15,998
    Mileage: 13,600
    TTL out the door with 60months/60000 mile warranty= 19,278.18
    Look around for a while and found that. Thought it was a good deal so I jumped.
  • 50% off the basic window sticker, Lots more available, They tried to offer low book less repairs for my 2003 Hyundai strippie Santa Fe $3000, I held out for $5500 and after going up the chain to the GM in 2 hours, I drove it home. The Hyundai had $3000 of necessary repairs including body work, all tires and a Loud 5th gear! I just could not believe it!
  • Well, the dealers were full of bull so I finally went to a private sale. Nice truck and purchased from autotrader for $8300. These dealers need to realize they are done for and give the trucks away and start anew. I recommend they sell the 2008s 4x4 quad cabs for $17,000 and come out with a better more fuel efficient model for 2010 and bank on the customers staying loyal via better customer service and honoring of warranties. Bottom line, Dodge, Ford and GM need to forcus on quality, customer service and value (ie Japanese and Germans).
  • Hi,
    Is there a way to find out what options such as the rear size and other options that are on my 2005 ram. I am not the original owner and would like to know what package I have. Help!!!
  • Guys can someone help me please. I'm emailing a bunch of dealers and I'm going with information from here and other sites. Is there any good lease's out there at all???? I got a dealer who is taking almost 10k off MSRP of a Ram 1500 Laramie but the leases seem to be way out of whack. The truck is 43490, and they would sell it for 35100. I haven't asked for their lease numbers yet because they are the best price, but all the other dealers lease's were way high in payments. Mostly over $500 should I expect the same from this dealer, are there just no more good leases. If you could answer quickly that would be great because I'm working on this deal as we speak.

    Thanks,
    Steve
  • You will not find a good lease now on any truck...Rams will not have a good residual, which along with money factor, is the key driver on lease payment.

    When the truck you lease is worth 70% less by lease end, you have to pay for that in your lease.
  • jfritschjfritsch Posts: 958
    If you look at my other posts here the Dodge Ram has a very inflated msrp. $12000 off msrp was the standard mediocre deal for the last 4-5 years or so. If you look up the used 08 value of a truck like your $43000 number you may find it is about $22000.(kbb.com) A $35000 deal may have you eating almost $13000 to drive an average truck the 1st 12 months. (the most expensive). This is totally uncool for an average truck, especially in a recession.

    Try to get 20 bids (dodge website (150 mi radius) last week of the month on a purchase (with your financing, shop around) And a lease. (no money down, 36months or so 15000 miles/yr). You should get about 2-4 dealers to bid several rounds for a 3 or so days. The lease is the easiest, lowest payment under the mentioned terms wins.

    Good luck
    --jjf
  • fueledupfueledup Posts: 64
    To anyone out there who's purchased a new Ram 1500 crew cab. Is it a safe bet to assume a total discount of $13,000.00 off msrp if the true window sticker is in the $45,000.00 range? If not what have you paid?
  • stmfttr05stmfttr05 Posts: 7
    why would you assume that? i just went to a dealer in central jersey and he said that the only incentives that they are offering are $3000 rebate, $1000 customer loyalty. so i cant see him dropping the price another $9000, but if thats going on sign me up and i'll be right there.i priced a new 1500 hemi crew cab at $43,000 msrp online, if a dealer told me i can have it for $30,000($13,000 lower) i would go there tonite with cash in my pocket.
  • jfritschjfritsch Posts: 958
    Read a few of my previous posts. If an 08 used Ram like your 09 new 45000 jobbie has a trade in value of about $23000 or such,(kbb.com), I personally wouldn't get a ticket driving to the dealer for $13000 off.

    Good luck
    --jjf

    To anyone out there who's purchased a new Ram 1500 crew cab. Is it a safe bet to assume a total discount of $13,000.00 off msrp if the true window sticker is in the $45,000.00 range? If not what have you paid?
  • bob225bob225 Posts: 46
    Just came back from dealer.

    2009 Ram 1500 SLT options(Premium Cloth-Big Horn package-5.7L-Remote Start-U-tubes connect-Tow-Pkg)

    MSPR 40955
    ADD BED LINER 350
    Dealer disc. -3380
    Rebate -4000
    Loyalty -2000
    Dealer Fees -75

    Cost 31850

    total discount 9105

    To help get the cost down even more, they will give me 11,500 for my trade and KBB Excellent trade on it is 10,500.

    Would have pulled the trigger today but left title for my truck at home. Will come back Monday. I think I have a great deal, BUT, does anyone see anything else I can try and work out?
  • canddmeyercanddmeyer Posts: 384
    Before the employee pricing expired May 4th, it was easy to find an SLT for $13,000 off as employee pricing + $2500 rebate + 0% apr was available. Now $10,000 off MSRP is the best I'm reading about. I'd say take your deal.

    If you looking for a diesel, there are still plenty of deals on 2009 Ram 2500 & 3500 models at more than $12,000 off if you qualify for the discounts.
  • bob225bob225 Posts: 46
    Are you adding financing "potential savings" to that $13k. I don't recall that deep a discount last month.
  • stmfttr05stmfttr05 Posts: 7
    just got a qoute from a dealership 40 miles away from me in another state. they would build me my truck which includes
    1500 hemi 4x4 crew cab sport deep water blue,
    uconnect tunes
    3.92 axel
    remote start and security
    leather seats
    class 4 hitch
    25L package

    msrp: $44,775

    invoice:$40,486

    rebates: -$4000

    final msrp: $36,486 + taxes and tags and title fees

    now whats pissing me off is i emailed 20 dealerships within 40 miles and the only one that is in a diffrent state is willing to build my truck and is giving me $8,300 off msrp.8 of the other ones that responded to me keep pushing trucks that dont come even close to what i want and there starting price is higher than what the dodge website says should be and they are only giving $4000 off the msrp. most of the dodge dealerships wont do anything to sell their trucks, then they wonder why the companies is having financial problems.

    btw the qoute i got was given to me without any haggaling, which in my mind means that the dealership is still making a healthy profit. and no the dealership is not one of the ones that is closing down, none of the ones i emailed are on the list to close.
  • canddmeyercanddmeyer Posts: 384
    The $2500 rebate got it to $13,000 off MSRP.
  • bob225bob225 Posts: 46
    I picked it up yesterday. After my trade I paid 21.7k including tax. Overall I'm pretty happy with the deal.
  • buriedsunburiedsun Posts: 1
    I'm wondering what the lowest price paid for a no frills single cab ram 1500 is. I'm trying to leverage this whole Chrysler bankruptcy in an insane deal on a dodge ram.
    I live in SAcramento CA, and so far the best deal I have found is 14,000.00 before tax+fees (15800 out the door) on a Ram 1500 with an MSRP of 22,170.
    I'm not eligible for the dodge loyalty deal (they could have offered 12500 if i was)...

    so im wondering if anyone has had success getting a better deal, and if someone could point me in the direction of a dealer in CA that can sell one to me for <13,000 before tax+fees.
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