There's this 2001 dodge ram 1500 available in a dealership not to far from where I'm at. Very clean interior and exterior. It has the auto trans and the 5.9 magnum. The truck looks brand new and priced at 4000 dollars. The only downside is that it has 341,xxx miles and im not sure if its worth it or am I gonna paying more money repairing it. I haven't driven yet but I wanna know your opinions first before I go out and drive it and possibly purchase it.

 

My opinion, don't even look at it. That's way too high (at least for around here) around here you could get a 3rd gen that has never been driven for that price. Unless that's the "normal" price where you are at.

 

i agree whit the comment above i have a 1996 5.2 that run 254xxx when i bought it but they are expecife around here i paid 7500 euros for it so about $8516 but it runs great so i would check what the prices are colse to you

 

Around here second gens are expensive rust free. 120k miles single cab runs about 10k. For that price I could buy me a 2nd gen cummins.

 

Depending on past usage and maintenance, it varies. I've seen trucks with 400K running strong and trucks with 90K in the bone yard due to delayed maintenance and it was too expensive to fix everything. Add in rust, and you have a pile of parts.

 

If its 4x4 that will obviously add to the value. As said above, seeing mainanance records for it would be big as far as transmission work and whatnot. For that many miles I would be tempted to do a compression check on it...don't know how dealerships are about letting you crack into the engine. Also anything from a dealership is going to cost more because of their fees. I would take that $4000 as a starting point for the haggling and just a matter of how far you could talk them down. Another thing is how handy you are with fixing things yourself being that is probably gonna want some love down the road. Might not be adding anything nobody already knows but just my 2cents.

 

Think I would run a compression test on it, see what the numbers look like. Take it for a test drive, see if it runs good, has decent power, and the trans shifts properly. If it is 4x4, make sure the t-case doesn't make rude noises in four wheel drive.

Still and all, 4K is a LOT of money for a truck with that high of mileage.