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Old 01-04-2011, 06:28 PM
LightZone LightZone is offline
Dodge Ram Forum Junior Member
Join Date: Dec 2010
Location: Fountain Hills, AZ
Age: 58
Posts: 31
Gender: Male
Vehicle: 2007 Dodge Ram 1500
Trim Level: Laramie
Color: Red
Engine: 2003-2008 345ci (5.7L) Hemi V8 345hp 375lb/ft
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That price is FULL BLOWN RETAIL with a $6000 mileage add. You'd be taking a big risk buying that truck at that price. First of all, MOST banks will lend you 120% of KBB WHOLESALE, which on this truck is about $20K, so be prepared to have a good chunk of change as a down payment. Second, and more importantly, if for ANY REASON, you need to sell or trade that truck in (say $5 gallon gas, or $7 per gallon being in the Aloha State), be ready for a $17 - $18K trade in value. Dealerships and wholesale buyers will NEVER give you an extra penny for the mileage add.

With that said, it's a great looking truck, so the decision is yours to make. Good Luck!

PS: Sorry to be the voice of reality. I'm a car broker by profession, and I can see a disaster in the making.
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