How Much Should I Pay: 2004 Dodge Ram 1500
Question From Mike: I am looking at a SLT 04 Dodge Ram 1500 short bed. It has the 4.7 V8 68k miles. It has cloth seats and is in good shape. Can you please tell me what current auction price it for this or similar truck. Thank You, Mike
Queen of the Road: Hi Mike. Welcome to AutoBragBlog!
For a 2004 Dodge 1500 Ram Pickup 4WD V8 Reg Cab 4.7L SLT with 68,000 miles, wholesale prices range from $11,000 (being in above average condition) to $8,700 (being in average condition) and $6,400 (being in below average condition).
A fair range for a dealership sell it for +12%-14% more than wholesale, so their estimated retail prices could range from $7,500 to $12,400. A private seller will usually aim to sell it for 5%-10%.
Check the carfax and do plenty of research on the history of the vehicle. Ask for their maintenance records. You can even bring a mechanic for a brief inspection. Here‘s a good article to read before continuing: Car Buying Tips From An Insider. Let me know if you have any further car questions.
Good luck and keep us posted on how the purchase goes!
