i don’t get it. How do you trade a $34k truck for a $53k truck for $30 a month unless you add years to the deal. Or is this a lease? Either way, I don’t get the math.To be honest, I'm not entirely sure. I haven't signed the paper work yet. I owed a little less than 30 on the truck, I got 34 for it. The ram stickered at 53 I think. I'm not positive the dollar amount on all the incentives. I just knew what the payment was coming out to.
I can report back after I get the paperwork and have some hard and fast figures. The 53k is before incentives and my equity though, so that number is inflated quite a bit. It stickers for 53, I'm not paying that. Same loan term length.i don’t get it. How do you trade a $34k truck for a $53k truck for $30 a month unless you add years to the deal. Or is this a lease? Either way, I don’t get the math.
Thanks for the information. I did a bit of research and saw some of the common issues. My take is that a lot of manufacturers have issues, you just gotta hope you get a good one. If not, lemon law and warranties have to step in. My wife and I are just finishing up a lemon law case on her Kia Seltos that had a bad trans at 8k miles. What a nightmare that was.Good luck with it!
This is my 2019 5th Gen. before I moved back to mid-size.
I didn’t want to get rid of it, I loved that truck but I was an early adopter and it was one of the ones before they were even upgraded in the 2019 model year for a better crash rating. Regardless, it had it’s share of nagging issues. I met the requirements to LL it due to the brakes alone but what made me make the final decision was the steering wheel not returning to center when going on a moderate or highway speed curve. Scary stuff, having to fight the wheel to come back to center, you know, so you don’t die! Plenty of steering racks were replaced for other owners due to this problem but it didn’t cure it for all so I decided to move on. That was when I made the decision to try mid-size and here we are.
Don’t take my post wrong, this is not a be careful what you wish for type post as I am sure many of the issues have been addressed. I will admit, I am snake bitten by Ram since that truck because my 2014 Ram was perfect. I do miss that 2019 at times. As you can see, It was pretty sweet looking and it rode so nice. I had it equipped with the Level 2, Off Road and Sport Packages with pretty much every bell and whistle a Big Horn could have.
Enjoy it! Don’t get mad when a Ranger beats you to the next light. lol
A man’s gotta do what a man’s gotta do! Congratulations on your new truck!I love my ranger, but I couldn't pass up the deal. I got a quote out of curiosity from carvana for my xl ($29k) and then I tried vroom (31k). Good prices, but not enough to make me consider. My buddy is a business manager at a jeep / ram dealer. We just leased my wife's new jeep cherokee from them a month ago. So far, it's been great, she loves it. Anyway, the other day, he sent me a text asking me if I wanted to part with my ranger. Without me telling him my previous offers, he offered me 34k for it. He knows I'm a ford guy, so he said he could get me into an f150 even though he deals mainly with chrysler. I said okay, I'd take a look. While I was there, I looked around at some of the new rams. He threw me the keys for a new hemi and I took it for a spin. I fell in love. Turns out, the incentives were better on the rams, so I pulled the trigger. With my trade in, and incentives (albeit smaller than what I got last year with the covid deals), I'm getting an extra 20k worth of truck for $30 more a month. I've had zero problems with the ranger (other than the blown shock), and it's been a great truck. If I wasn't planning on doing a bunch of camping, I probably wouldn't consider trading. I have no doubts that the ranger will pull my trailer just fine, but for the price, I'll gladly take the 12k towing capacity.
I can't pick it up til Monday. They had to go to Ohio to get the package that I wanted. 2021 white hemi 1500 with night package. I don't have a picture of it yet, but below is what it will look like. I wanna thank you all for having me here. I've learned quite a bit, and had quite a few laughs. You guys and gals are a bunch of good eggs. I'll stick around and check in from time to time. I really do enjoy all the builds and the back and forth banter. As crazy as this past year has been, for me, it has been quite enjoyable here.
Congrats on your new Ram Jake! I don't blame you for passing up a deal like that, you have to do what's best for you. Sounds like the Ram just suites your needs better right now and you can always get another Ranger in the future. Even though you still don't have your Ranger I hope you still come back to the looney bin once in a while.I love my ranger, but I couldn't pass up the deal. I got a quote out of curiosity from carvana for my xl ($29k) and then I tried vroom (31k). Good prices, but not enough to make me consider. My buddy is a business manager at a jeep / ram dealer. We just leased my wife's new jeep cherokee from them a month ago. So far, it's been great, she loves it. Anyway, the other day, he sent me a text asking me if I wanted to part with my ranger. Without me telling him my previous offers, he offered me 34k for it. He knows I'm a ford guy, so he said he could get me into an f150 even though he deals mainly with chrysler. I said okay, I'd take a look. While I was there, I looked around at some of the new rams. He threw me the keys for a new hemi and I took it for a spin. I fell in love. Turns out, the incentives were better on the rams, so I pulled the trigger. With my trade in, and incentives (albeit smaller than what I got last year with the covid deals), I'm getting an extra 20k worth of truck for $30 more a month. I've had zero problems with the ranger (other than the blown shock), and it's been a great truck. If I wasn't planning on doing a bunch of camping, I probably wouldn't consider trading. I have no doubts that the ranger will pull my trailer just fine, but for the price, I'll gladly take the 12k towing capacity.
I can't pick it up til Monday. They had to go to Ohio to get the package that I wanted. 2021 white hemi 1500 with night package. I don't have a picture of it yet, but below is what it will look like. I wanna thank you all for having me here. I've learned quite a bit, and had quite a few laughs. You guys and gals are a bunch of good eggs. I'll stick around and check in from time to time. I really do enjoy all the builds and the back and forth banter. As crazy as this past year has been, for me, it has been quite enjoyable here.
If I may, what was the difference OTD after your trade in?
I'll never understand a payment based shopper.To be honest, I'm not entirely sure. I haven't signed the paper work yet. I owed a little less than 30 on the truck, I got 34 for it. The ram stickered at 53 I think. I'm not positive the dollar amount on all the incentives. I just knew what the payment was coming out to.
I've always wanted a wrangler, too. I have my '68 cj-5 though that I built with my dad and grandfather. That one will be one that I'll never part with. I MIGHT pass it on to the boy one day if I can bring myself to do it ha.Nice truck, congrats.
Though if I walked into a Jeep dealer with money to blow, I'd probably roll out in a Willy's Wrangler.
Thanks for the information, Chris. I'll be the first to admit that new car buying is rarely a wise decision. I've just always been a guy that likes to have new vehicles. Some people don't care, and that's absolutely fine with me. The fact that I was able to be this far right side up on the ranger after a year had me completely baffled. Who knows what the car market is going to do for a while. It's a crap shoot. Should be interesting to see where it goes the next couple years.Congrats on the decision...nice looking truck ! When my clients ask my opinion on one brand over another, I tell them to enjoy their vehicle first and foremost. Then for simply financial considerations I point them to depreciation calculators. For fun I ran yours, assuming 53k purchase price, 12k miles a year. Do with the information what you will just FYI, I would not go with a long term on this vehicle lest you like being upside down.
https://caredge.com/ram/1500/depreciation?y=0&p=53000&o=3&m=12000