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Ram 2500 Cummins Value over the years . . . #1709118
12/10/14 07:43 PM
12/10/14 07:43 PM
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Calgary, Alberta Canada
a12rag Offline OP
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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 . . .

Re: Ram 2500 Cummins Value over the years . . . [Re: a12rag] #1709119
12/10/14 07:50 PM
12/10/14 07:50 PM
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okla.
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your year has a very good resale value.just look what they are selling for on ebay.i would guess you could get 2/3 of what you paid for it,maybe more.not so much in your area[snow]being 2wd,but southern buyer are out there looking.

Re: Ram 2500 Cummins Value over the years . . . [Re: sam64] #1709120
12/10/14 07:54 PM
12/10/14 07:54 PM
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Calgary, Alberta Canada
a12rag Offline OP
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Thanks for the reply . . . just not sure I want to part ways with a truck that is totally clean, paid for and needs nothing !!! Specially when the new ones don't seem to be up to the old ones for mileage . . . I have heard of the 12valves getting some good money too !!

Re: Ram 2500 Cummins Value over the years . . . [Re: sam64] #1709121
12/10/14 08:23 PM
12/10/14 08:23 PM
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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".
Re: Ram 2500 Cummins Value over the years . . . [Re: a12rag] #1709122
12/10/14 10:36 PM
12/10/14 10:36 PM
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Chilliwack B.C. Canada
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2WD will kill the resale value. I much prefer 2WD trucks as I like the lower height, easier maintenance and better handling they provide. However I learned my lesson and don't buy them anymore so that I can sell my trucks when I'm done with them to the unskilled drivers that we are stuck with these days.
I also agree that maybe the old trucks hold their value but who are you going to sell them too? People live payment to payment these days. My plan is to run my 05 into the ground for that reason (wish I'd bought a six speed 2WD though as I've already owned this one ten years). So my advice is contradictory but I ended up keeping mine past the point where I can sell it, that's the way I see it.
My son just paid cash $16k for his 01 but it's not normal to find a customer like that.

Sheldon

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Re: Ram 2500 Cummins Value over the years . . . [Re: Grizzly] #1709123
12/11/14 12:34 PM
12/11/14 12:34 PM
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Calgary, Alberta Canada
a12rag Offline OP
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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

Re: Ram 2500 Cummins Value over the years . . . [Re: a12rag] #1709124
12/11/14 01:09 PM
12/11/14 01:09 PM
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in a cattle trailer down by th...
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in a cattle trailer down by th...
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.


I raise chickens, so I am literally a chicken tender.

The Scamp is sold, now just two old trucks and one new one.
'92 D250 Club Cab CTD, 47RH conversion, pump tweaks, injectors, rear disc and hydroboost conversion.
'74 W200 Crew Cab 360, NP435, D44, D60 and NP205 divorced transfer case. NV4500 coming soon.
2019 1500 Long Horn Crew Cab 4WD, 5.7 Hemi.
Re: Ram 2500 Cummins Value over the years . . . [Re: RUNCHARGER] #1709125
12/11/14 01:22 PM
12/11/14 01:22 PM
Joined: Feb 2003
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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.

Re: Ram 2500 Cummins Value over the years . . . [Re: a12rag] #1709126
12/11/14 09:48 PM
12/11/14 09:48 PM
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Posts: 2,703
Mohnton, Pa
DodgeCharger Offline
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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.

Re: Ram 2500 Cummins Value over the years . . . [Re: Grizzly] #1709127
12/11/14 09:50 PM
12/11/14 09:50 PM
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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?

Re: Ram 2500 Cummins Value over the years . . . [Re: DodgeCharger] #1709128
12/11/14 11:51 PM
12/11/14 11:51 PM
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Salem
Grizzly Offline
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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".
Re: Ram 2500 Cummins Value over the years . . . [Re: Grizzly] #1709129
12/12/14 07:48 AM
12/12/14 07:48 AM
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Mohnton, Pa
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After owning a cummins I could never own another gas truck. There is no comparison.

Re: Ram 2500 Cummins Value over the years . . . [Re: DodgeCharger] #1709130
12/12/14 08:03 AM
12/12/14 08:03 AM
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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


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Re: Ram 2500 Cummins Value over the years . . . [Re: DodgeCharger] #1709131
12/12/14 10:16 AM
12/12/14 10:16 AM
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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...8 sec street car
'69 road runner 440 w/ Indy SRs
'69 road runner 440-6, 4 speed...Dad's ride
'71 Demon 340 resto project
'06 GMC 2500HD LBZ Duramax...toy hauler
'16 Grand Caravan SXT...baby hauler
Re: Ram 2500 Cummins Value over the years . . . [Re: an8sec70cuda] #1709132
12/12/14 10:31 AM
12/12/14 10:31 AM
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Quote:

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.




I have a 34' 5th wheel rv and I tried to pull it with a 3500 gas 1 time what a joke that was.


70 duster full chassis super pro 416 CNC Indybrock heads 727 w/brake

best so far 1.212 60 6.219 in 1/8 at 110.88 9.768 at 137.81 1/4
Re: Ram 2500 Cummins Value over the years . . . [Re: dusturbd340W5] #1709133
12/12/14 10:56 AM
12/12/14 10:56 AM
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Aurora, Oh.
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Heating oil is not the only reason the price of diesel fuel is still up. The other factors are the EPA rules for low sulfer which adds cost to the process but the even bigger factor from my understanding is the futures based on purchases. The very large trucking companies have tied into price contracts for a couple of years set to pay a certain price to guard against rising prices. Well it has worked in the past but now it has bit them and they have to pay the inflated price. Because of that the open market will keep prices higher to us daily driver users so as not to get a bunch of big trucks trying to buy fuel in the "auto diesel line". So my guess is when/if the trucking companies contracts run out or if they can get them changed then the price will start to drop.

Re: Ram 2500 Cummins Value over the years . . . [Re: max_maniac] #1709134
12/12/14 11:20 AM
12/12/14 11:20 AM
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Cincinnati, Ohio
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I think the reason diesel is so high, is because the rest of the world is burning higher sulfur diesel in there cars and trucks because it get's better mileage than gasoline which is causing a high demand for crude oil. The rest of the world is using a higher sulfur diesel and here we are getting bent over buying ultra low sulfur fuel.

Yes my tow vehicle burns diesel and diesel engines are so nice, the older ones and not the newer ones.

And like said above I don't believe diesel will ever be cheaper than gasoline.

So I would think? that diesel trucks are losing there value and popularity? It may take a few more years for it to sink in? I know hard to believe, I think the future is in natural gas. I already know of several fleets of trucks around here that are operating on natural gas.

I have a diesel fuel bulk plant and deliver thousands of gallons of it everyday.

My new last year 3/4 ton pickup truck is gasoline. And I am thankful that it is every time I fill up. Diesel around here is $1.20 more than 87 gasoline. Even I can't swallow that.

I use my pickup to pull trailers(but not big enclosed trailers) and there's plenty of power in my new truck to do the job. Way more power than my 20 year old gasoline 454 had and I pulled enclosed trailers with it.

My new f-250 has more torque than our 5.7 hemi has. So I'm driving a ford now, it's a nice truck and rides better and quieter than our 2007 300. That's saying a lot.

Re: Ram 2500 Cummins Value over the years . . . [Re: a12rag] #1709135
12/12/14 11:36 AM
12/12/14 11:36 AM
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Mohnton, Pa
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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.

Re: Ram 2500 Cummins Value over the years . . . [Re: DodgeCharger] #1709136
12/12/14 12:02 PM
12/12/14 12:02 PM
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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...8 sec street car
'69 road runner 440 w/ Indy SRs
'69 road runner 440-6, 4 speed...Dad's ride
'71 Demon 340 resto project
'06 GMC 2500HD LBZ Duramax...toy hauler
'16 Grand Caravan SXT...baby hauler
Re: Ram 2500 Cummins Value over the years . . . [Re: DodgeCharger] #1709137
12/12/14 12:15 PM
12/12/14 12:15 PM
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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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