advice on purchase

1133 Views 3 Replies 4 Participants Last post by PaulMys, Aug 28, 2014

txhokie

Discussion Starter · Aug 27, 2014 (Edited)

Hey guys I'm new here to the forum. I'd like to ask for some advice on a truck purchase.

I've found a very low mileage (30k) 1998 ram 1500 extended cab with slt Laramie package. It's a 2wd truck with an automatic transmission and the 5.2l v8. Asking price is about 8000. I've read a fair bit about these trucks and it seems the auto trannys are a weakpoint among maybe a few other quirks.

Would you guys recommend investing into a vehicle like this from your experience? I'm very mechanically inclined and enjoy working on cars so I'm not afraid to give something extra tlc if it helps with reliability but I don't want to dump money into something that's going to constantly break down. I can do transmission fluid changes and the like i just want to know what I should expect to set money aside for. Any help would be appreciated.

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PaulMys

· #4 · Aug 28, 2014

RogerRamJet said:
Howdy Nick and welcome to the Ram ForumZ. I encourage you stop by the Newbie Checkin section and introduce yourself so other members can give you a proper howdoyado.

$8000 seems a little steep, even for a low mileage, 17 year old truck. I'd offer $4500 and see what comes of it. You can check around town as well and see what other trucks with that age and mileage go for.

TechNick said:
:smiley_thumbs_up:.... Welcome, Nick to The Ram ForumZ!! Thank you for joining us!

+2 What Roger told you... That is pretty high for a 98.

Is it being sold by a dealer.. or an individual?

I'm 100% in agreement with Roger & Nick on this. When I first read: "'98 with 30k" I said to myself, "Wow". But when I saw 8k as the asking price, I said "Whoa."

After 16 years (17 with the new '15's out) the whole low-mileage thing might be worth maybe 1k, but as Roger said, this is a $4,000- $4,800 truck depending on the condition of paint, interior, etc.

Take Roger's advice, and offer $4,500 if the cosmetics are nice. :smileup:

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