Re: Ram 2500 Cummins Value over the years . . .
[Re: sam64]
#1709121
12/10/14 09:23 PM
12/10/14 09:23 PM
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Joined: Aug 2005
Posts: 6,008 Salem
Grizzly
Moparts Proctologist
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Moparts Proctologist
Joined: Aug 2005
Posts: 6,008
Salem
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It's a bad time to sell with gasoline prices dropping and diesel barely changing. I doubt we'll ever see diesel cheaper than gasoline ever again. Diesel is well over $1 a gallon more and that's a significant enough difference for people to put buying any diesel (new or used) on "hold". People in general are not good at saving money so the reality is folks just simply don't have 20 grand in their bank account to buy a mint used truck. Most just barely scrape up enough money to pay the first months' rent on a new one and keep going back to the dealer for another.... I tried selling my Flame Red '02 Cummins 4x4 SLT+ Sport with 15,000 miles and not one single person who called on it had the money. Now, going through the same thing with my '07 Hemi Sport: 9,000 miles on it, no one has any money. I mean, you can try.........just don't expect it to be gone tomorrow.
Mo' Farts
Moderated by "tbagger".
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Re: Ram 2500 Cummins Value over the years . . .
[Re: Grizzly]
#1709123
12/11/14 01:34 PM
12/11/14 01:34 PM
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Joined: Apr 2007
Posts: 2,921 Calgary, Alberta Canada
a12rag
OP
master
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OP
master
Joined: Apr 2007
Posts: 2,921
Calgary, Alberta Canada
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quote]It's a bad time to sell with gasoline prices dropping and diesel barely changing. I doubt we'll ever see diesel cheaper than gasoline ever again. Diesel is well over $1 a gallon more and that's a significant enough difference for people to put buying any diesel (new or used) on "hold". People in general are not good at saving money so the reality is folks just simply don't have 20 grand in their bank account to buy a mint used truck. Most just barely scrape up enough money to pay the first months' rent on a new one and keep going back to the dealer for another.... I tried selling my Flame Red '02 Cummins 4x4 SLT+ Sport with 15,000 miles and not one single person who called on it had the money. Now, going through the same thing with my '07 Hemi Sport: 9,000 miles on it, no one has any money. I mean, you can try.........just don't expect it to be gone tomorrow.
Yes, have to keep in mind the spread between diesel and gas prices !!! And very true about the economy and people living paycheck to paycheck . . . and I believe we are about to see things get even worse again ! Not that I am saying I want to sell my truck, it is mint, and paid for, etc. . . so no real reason to sell it. Seems that once you have a truck, you just can't get rid of it - way too handy !! I feel for the folks that need to sell off items because they can't make a go of it . . . I am glad I got my 70 Sport Satellite finished a couple of years ago - don't think I would want to be starting a new project these days.
Mark
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Re: Ram 2500 Cummins Value over the years . . .
[Re: a12rag]
#1709124
12/11/14 02:09 PM
12/11/14 02:09 PM
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Joined: Dec 2009
Posts: 20,647 in a cattle trailer down by th...
Guitar Jones
Paddle faster! I hear banjo music!
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Paddle faster! I hear banjo music!
Joined: Dec 2009
Posts: 20,647
in a cattle trailer down by th...
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I sold off my big 3500 4wd diesel dually crew and picked up a 92 D250 CC 2wd diesel for $2500. It's in real nice condition for a truck that old and quite frankly I'm loving it. It cost me about $1500/month to operate the dually daily including the payment of course. This truck costs me about $500/month. I am loving that.
"Follow me the wise man said, but he walked behind"
'92 D250 Club Cab CTD, 47RH conversion, pump tweaks, injectors, rear disc and hydroboost conversion. '74 W200 Crew Cab 360, NV4500, D44, D60 and NP205 divorced transfer case. Rear disc and hydroboost conversion. 2019 1500 Long Horn Crew Cab 4WD, 5.7 Hemi.
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Re: Ram 2500 Cummins Value over the years . . .
[Re: RUNCHARGER]
#1709125
12/11/14 02:22 PM
12/11/14 02:22 PM
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Joined: Feb 2003
Posts: 21,318 Manitoba, Canada
DaytonaTurbo
Too Many Posts
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Too Many Posts
Joined: Feb 2003
Posts: 21,318
Manitoba, Canada
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The cummins trucks do hold their value very well, even ones with age and mileage on them. Especially the stick shift ones, around here they command a good premium in price and saleabiilty over the autos. Nobody wants the autos. When I sold my 99 24v auto, the main comment I kept getting was "if it was a standard...."
I don't waste my time or money on the 2wd trucks. Around here you take a bath on them when sell time comes because nobody wants them. They are HARD to sell because guys just don't want them. But here at least, a good running 4x4 is always worth something. Yes sure, probably 95% of the guys who "have" to have a 4x4, only put it into 4wd once a year, but that's what matters to them when it comes time to buy a truck.
And around here, I've found when it comes to the cummins trucks, guys don't want regular cab trucks. They want the club cab or quad cab trucks.
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Re: Ram 2500 Cummins Value over the years . . .
[Re: a12rag]
#1709126
12/11/14 10:48 PM
12/11/14 10:48 PM
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Joined: Dec 2004
Posts: 2,703 Mohnton, Pa
DodgeCharger
master
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master
Joined: Dec 2004
Posts: 2,703
Mohnton, Pa
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Quote:
Just curious if the crowd has an idea on the value of the Cummins equipped vehicles . . . from the late 90's to today . . . my truck is 2002, quad cab, HO, 6speed, 2 wheel drive with total of 66k miles on it now - only ever use it in the summer time for towing and have owned the truck since new. . . . I have heard that the newer models don't get the mileage the older trucks do. But the new trucks sure have nicer creature comforts . . .
If that was a 4x4 short bed it would bring $25000 in my area.Maybe more. The 02 Ho is the holy grail of the cummins truck.
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Re: Ram 2500 Cummins Value over the years . . .
[Re: Grizzly]
#1709127
12/11/14 10:50 PM
12/11/14 10:50 PM
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Joined: Dec 2004
Posts: 2,703 Mohnton, Pa
DodgeCharger
master
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master
Joined: Dec 2004
Posts: 2,703
Mohnton, Pa
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Quote:
It's a bad time to sell with gasoline prices dropping and diesel barely changing. I doubt we'll ever see diesel cheaper than gasoline ever again.
Diesel is well over $1 a gallon more and that's a significant enough difference for people to put buying any diesel (new or used) on "hold".
People in general are not good at saving money so the reality is folks just simply don't have 20 grand in their bank account to buy a mint used truck. Most just barely scrape up enough money to pay the first months' rent on a new one and keep going back to the dealer for another....
I tried selling my Flame Red '02 Cummins 4x4 SLT+ Sport with 15,000 miles and not one single person who called on it had the money. Now, going through the same thing with my '07 Hemi Sport: 9,000 miles on it, no one has any money.
I mean, you can try.........just don't expect it to be gone tomorrow.
Do you still have the Cummins?
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Re: Ram 2500 Cummins Value over the years . . .
[Re: DodgeCharger]
#1709128
12/12/14 12:51 AM
12/12/14 12:51 AM
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Joined: Aug 2005
Posts: 6,008 Salem
Grizzly
Moparts Proctologist
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Moparts Proctologist
Joined: Aug 2005
Posts: 6,008
Salem
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Nope. My '07 is living under the 02's blankets now. I don't miss that noisy, rough, 16mpg Pig since I got my Hemi. ...then I found a cherry 30,000 mile '01 Off-Road to replace my diesel. It's now got over 200,000 miles on it and the 360 Mag has never been touched. It gets just as good of fuel mileage as the Cummins did, does the same job, and costs thirty bucks a tank less to fuel up.
Mo' Farts
Moderated by "tbagger".
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Re: Ram 2500 Cummins Value over the years . . .
[Re: DodgeCharger]
#1709130
12/12/14 09:03 AM
12/12/14 09:03 AM
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Joined: Oct 2003
Posts: 21,345 Marysville, O-H-I-O
70Cuda383
Too Many Posts
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Too Many Posts
Joined: Oct 2003
Posts: 21,345
Marysville, O-H-I-O
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In the 6 months I've owned my Cummins, I've already seen diesel sway from .30 per gallon more to a few cents cheaper per gallon to the current $1 difference.
sure, crude is down, thus the media hype about falling gas prices, but it's also fuel oil season for those of us north of the mason dixon line, so I don't see diesel dropping like gas did until later.
but, given the volitility in the market, I wouldn't say that diesel will never be cheaper than gas.
During my shopping, I made an offer on a 06 with 80k miles, quad cab, short bed, 4x4, auto cummins. offered the guy $20k for it. He wasn't interested and was trying to get more money for it
I ended up at a dealer, ended up paying $30k for a 06 megacab 4x4, auto truck that has a few grand in aftermarket mods done to it...5" exhaust, aftermarket wheels, big tires, lift/leveling kit, etc. Truck also had 80k miles, and coming from Georgia...ZERO rust!
the day I bought it, there was another guy trying to buy the same truck. I told the dealer I wasn't interested in a bidding war with another customer and that I was going to walk. Only reason I stayed to finish the deal was because he said that A) there would be no bidding, only the deal we struck and B) the other guy had no financing/bad credit, so he quickly became a non-issue
but, They are popular and have excellent resale right now because everyone wants one, but can't afford a $60k truck
**Photobucket sucks**
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Re: Ram 2500 Cummins Value over the years . . .
[Re: DodgeCharger]
#1709131
12/12/14 11:16 AM
12/12/14 11:16 AM
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Joined: Jan 2003
Posts: 13,375 Marion, South Carolina [><]
an8sec70cuda
I Live Here
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I Live Here
Joined: Jan 2003
Posts: 13,375
Marion, South Carolina [><]
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Quote:
After owning a cummins I could never own another gas truck. There is no comparison.
Grizzly...If you only pull an open trailer, then I agree...a 1/2 ton gas truck will do the job just fine. Put an enclosed trailer behind it and you'll be wanting that diesel back.
CHIP '70 hemicuda, 575" Hemi, 727, Dana 60 '69 road runner, 440-6, 18 spline 4 speed, Dana 60 '71 Demon, 340, low gear 904, 8.75 '73 Chrysler New Yorker, 440, 727, 8.75 '90 Chevy 454SS Silverado, 476" BBC, TH400, 14 bolt '06 GMC 2500HD LBZ Duramax
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Re: Ram 2500 Cummins Value over the years . . .
[Re: DodgeCharger]
#1709136
12/12/14 01:02 PM
12/12/14 01:02 PM
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Joined: Jan 2003
Posts: 13,375 Marion, South Carolina [><]
an8sec70cuda
I Live Here
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I Live Here
Joined: Jan 2003
Posts: 13,375
Marion, South Carolina [><]
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Quote:
I own an 06 Cummins that I bought new. The truck was loaded a Laramie. I paid 37,000 for the truck. My wife would like to get one just like it in another color. We looked for over a year and not just at Laramie's. Any 2006 Cummins with less than 100k mile were bring around $35,000. I told more than one dealer that they were asking new prices for a used truck. These trucks were not lasting long even at these prices. Maybe it depends on the part of the country but around here they are like gold.
There's a 2006 Ram 2500 4x4 mega cab Cummins automatic w/ 109k miles on it for sale locally that I want bad. They're asking 30k for it.
Even the older 12v & 24v trucks are bringing good money...as long as they're quad cab and 4x4.
CHIP '70 hemicuda, 575" Hemi, 727, Dana 60 '69 road runner, 440-6, 18 spline 4 speed, Dana 60 '71 Demon, 340, low gear 904, 8.75 '73 Chrysler New Yorker, 440, 727, 8.75 '90 Chevy 454SS Silverado, 476" BBC, TH400, 14 bolt '06 GMC 2500HD LBZ Duramax
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Re: Ram 2500 Cummins Value over the years . . .
[Re: DodgeCharger]
#1709137
12/12/14 01:15 PM
12/12/14 01:15 PM
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Joined: Jan 2003
Posts: 6,497 N.E. Ohio
KillerBee
master
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master
Joined: Jan 2003
Posts: 6,497
N.E. Ohio
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I'm going through a tough diesel Ram sell decision also. My 2004 diesel Ram just turned 160k miles It's been my daily driver has been flawless the entire time I've owned it. I have gone out of my way to keep it in excellent conditon mechanically and cosmetically and never modified/bombed it. I was planning on keeping it forever. The wifegod isn't as impressed with the truck as it's ride is a little too rough for her and of course the diesel noise and smell. She also is real impressed with the nice interiors and fancy options in the newer trucks. We do use the truck often for hauling and towing so she is pushing to replace it. I recently did some research and was looking at newer 1/2 ton Hemi powered Rams with the 8 speed transmissions. From what I can tell the newer Hemi Rams should be able to haul my 22' enclosed trailer if they have the tow package. I only tow the enclosed trailer 3-4 times a year but also tow my boat and open trailer with ATV's and UTV's which also should be no trouble for a newer Hemi Ram. So I'm checking prices on used diesel Rams. In my area 4wd is a must and the 2003 to early 2004 HO Rams seem to bring good money. I would think my truck should be worth $20k if I sell it myself.
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