When do you trade sell your daily driver?

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5/8/2020 5:12 PM

I’ll try to make long story short here but I’ve been wondering lately. I have a 2014 Ram 1500 pretty loaded hemi, 8 spd, crew cab heated seats big infotainment screen etc. I got a pretty good deal on it 5 yrs ago new and it’s been paid off for about a year. I love the truck and so does the family, I’d like to keep it forever.

However, it has been plagued by the infamous hemi lifter issues and at 60k miles had to have a bank of lifters replaced. Normally if this problem is left unattended it will wipe out the cam and there’s a whole host of issues associated. Ram did the work under warranty but wouldn’t replace the second bank of lifters since they were fine and so was the cam. Ok, sounds good. The truck is now out of warranty and the Work was done under warranty. Ram said they wouldn’t warranty that work done past the factory warranty. I don’t want to buy an extended warranty and I didn’t when I purchased the truck.

I have a feeling (gut maybe) and based on the sound of the truck, it’s still noisy, that this won’t be the end of these issues.

So I didn’t really shorten this story but when do y’all keep a vehicle vice dumping it before possibly large issues or There’s the final large drop in depreciation (100k miles maybe?). Just curious. I don’t want a new truck at all but with 70k miles on it, it’s still worth a good chunk and there are deals to be had out there and I can’t help but look haha. I’m afraid if the engine goes bang, 10k for a new engine would be a bad financial decision into a truck with near 100k miles on it.

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5/8/2020 5:19 PM

I’d unload it and go with a new truck that is offering good incentives. The last truck I bought was in 2018 and it was discounted $14,000 of of MSRP. Drove it for 18 months and traded it in on a Jeep and the trade in was $1,000 under what I paid for it. You should get a good price on your Ram.

BTW I had a 2013 Ram Laramie that I had for a few years was a much nicer truck than the 2018 Chevy I bought.

Thats just my opinion. I normally go for cars a few years old but it’s hard to pass up some of the massive incentives on trucks

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5/8/2020 6:40 PM

Chevy guy here but if you go bigger I would not go chevy. Have two 2020 3500s at the dealer. One only has 1300, both towed in with trash trannies. Not allison what tech said but are claimed to be.

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5/8/2020 6:48 PM

Never heard of an engine blowing up as young miles as yours is with preventive maintenance but I could be wrong. I am sure there are "Lemons" out there.
Have friends with same Truck and they swear by them.

Bought a year old Ford Exsploder as they call them in 1996. It has a 4.0 and has over 410,000 miles on it. sure many alternators,fuel pumps..ect the usual parts repair but nothing Major.

Hope you can find something that lasts for what you need it for.

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I was a third-string dreamer on a second-place team~ Luke Combs

5/8/2020 6:51 PM

I'm holding out for the Cyber Truck. smile

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5/8/2020 6:57 PM

imoto34 wrote:

Chevy guy here but if you go bigger I would not go chevy. Have two 2020 3500s at the dealer. One only has 1300, both towed in with trash trannies. Not allison what tech said but are claimed to be.

I have two ‘17 Chevy 3500 flatbeds. First tranny went out at 55000. Luckily under warranty. 2nd truck went out at 63000. Just wrote A check for $ 3500 to fix it. I’m Lucky to get 10,000 miles on set of brake pads for either front or rear. I’ve always been a Chevy guy too. I think I’m going to try dodge on the next one.

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5/8/2020 7:53 PM

Pirate421 wrote:

I’ll try to make long story short here but I’ve been wondering lately. I have a 2014 Ram 1500 pretty loaded hemi, 8 spd, crew cab heated seats big infotainment screen etc. I got a pretty good deal on it 5 yrs ago new and it’s been paid off for about a year. I love the truck and so does the family, I’d like to keep it forever.

However, it has been plagued by the infamous hemi lifter issues and at 60k miles had to have a bank of lifters replaced. Normally if this problem is left unattended it will wipe out the cam and there’s a whole host of issues associated. Ram did the work under warranty but wouldn’t replace the second bank of lifters since they were fine and so was the cam. Ok, sounds good. The truck is now out of warranty and the Work was done under warranty. Ram said they wouldn’t warranty that work done past the factory warranty. I don’t want to buy an extended warranty and I didn’t when I purchased the truck.

I have a feeling (gut maybe) and based on the sound of the truck, it’s still noisy, that this won’t be the end of these issues.

So I didn’t really shorten this story but when do y’all keep a vehicle vice dumping it before possibly large issues or There’s the final large drop in depreciation (100k miles maybe?). Just curious. I don’t want a new truck at all but with 70k miles on it, it’s still worth a good chunk and there are deals to be had out there and I can’t help but look haha. I’m afraid if the engine goes bang, 10k for a new engine would be a bad financial decision into a truck with near 100k miles on it.

I have a 2015 ram 1500 and I am also looking at getting rid of it because of a well known hemi issue. Last year it had an exhaust leak coming from the passenger side. Ended up being a broken off stud on the exhaust manifold, which of course was completely flush with the block, not covered by warranty. I tried tackling the task myself but ended up having it towed to a shop. Replaced gaskets, and all new bolts from the factory. Wasn’t cheap!

Last month I noticed another exhaust leak again from the passenger side. I’m not dealing with another round with this issue, outta pocket, and only about a year apart.

It’s almost paid off so I do have some equity in the truck. I’ll likely trade her in for a GMC Sierra 1500 or F-150 5.0 V8. Not sure if the new Rams are having the same issues, but the new Rebel does look nice....

It was a good truck for years but its time to move on.
OP, good luck!

Oh and I’m currently sitting at 75k miles.

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5/8/2020 8:55 PM

I’m in the car business. When my vehicle is out of warranty, it’s time for a new one.

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Lover. Fighter. Wild Bull Rider.

5/8/2020 9:26 PM
Edited Date/Time: 5/8/2020 9:28 PM

When the warranty is up, unless it's a real turd.

My late 2019 Laramie Crew Cab (basically the 2020) is the nicest truck I have ever driven. Only thing it doesn't have is the sunroof and power running boards. Rides like a dream, quiet, stereo is amazing, active noise cancellation which is awesome for phone calls, and you can't beat the Hemi with 3.92's.

Granted, I've had mine for 7 months and it only has 3500 miles, but I follow a couple 5th generation message boards and outside of the irregular issue, people love theirs.

You can get a smokin' deal on a RAM right now. The Bighorn is basically the same truck, just a little less refined inside, but same quality build.

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5/9/2020 12:48 AM

I’d offload before 90k. . I’ve also been really happy with my 19 ram 1500 ...Tows like a dream... coming from a 14 f250 diesel

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5/9/2020 2:36 AM

Thanks for all the replies everyone. I think I’ll start looking for something in the next few months. We just bought a house and are moving in the end of June so hopefully it can wait that long. Like I said I love the truck and wish it would run forever because I’d keep it but I just don’t have the faith in it.

Seems to be a lot of the same answers, keep until warranty or about 100k and dump it. I figured I’d get more run till it’s done.

I think I’ll look at something more basic too. This was my “fancy” truck that I didn’t really want all those bells and whistles but that’s how the deal went. We have a 7 yr old and we like to mountain bike and race dirtbikes so the truck is always dirty anyway. And I’d rather my wife have the nicer car since I don’t really care what I drive anymore.

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5/9/2020 6:25 AM

I try to get 20yrs out of them. I’m still driving a 2004 Silverado that I bought new so I’ll probably pick up another when the new models come out in 3yrs. I figure if I go 20yrs in between, I’ll only have to buy 3 new pickups in my lifetime.

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5/9/2020 7:05 AM

I have a 17 ram 1500 hemi, I believe they got updated lifters in 16 or 17? Also I think the oil change intervals the manufacturer recommends is to long. 5k no matter what (I’m fairly easy on my truck). I’ve read that long idling is bad for these trucks. my 2004 dodge 1500 has had a lifter tap since I bought it, it’s almost at 200k. A paid of truck is awesome, I’d have to think once the lifters are fixed it’ll run forever

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5/9/2020 11:35 AM

Pirate421 wrote:

Thanks for all the replies everyone. I think I’ll start looking for something in the next few months. We just bought a house and are moving in the end of June so hopefully it can wait that long. Like I said I love the truck and wish it would run forever because I’d keep it but I just don’t have the faith in it.

Seems to be a lot of the same answers, keep until warranty or about 100k and dump it. I figured I’d get more run till it’s done.

I think I’ll look at something more basic too. This was my “fancy” truck that I didn’t really want all those bells and whistles but that’s how the deal went. We have a 7 yr old and we like to mountain bike and race dirtbikes so the truck is always dirty anyway. And I’d rather my wife have the nicer car since I don’t really care what I drive anymore.

Once you’ve got all the bells and whistles it’s hard to go back. I went from a 2016 301A XLT to 2019 502A Lariat (think Platinum without the “look at me” tailgate). You’d be hard pressed to get me back in to a nice XLT. Justify the extra expense to myself by the sheer amount of time I spend in the truck.

Almost went diesel on this truck. Same cost lower trim level, higher fuel costs, and higher maintenance costs prevented it. Did I want one? Yeah. Did I need one? No. Most people have way more than they need, for just a status symbol. Sounds like you’ve got what you want in mind.

I’m a Ford guy and a advocate of the 3.5L Ecoboost, but heed my warning when I tell everyone to steer clear of the 2.7L Ecoboost.

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Lover. Fighter. Wild Bull Rider.

5/9/2020 2:30 PM

I’m hoping she’ll go another year or so until I seriously think of buying something else. Once that $350 a month starts going in your pocket and not the bank it’s hard to do again! I could probably avoid the loan again on a different truck but that would have to come out of my dirtbikes account and that’s off limits!

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5/9/2020 2:50 PM

Pirate421 wrote:

I’m hoping she’ll go another year or so until I seriously think of buying something else. Once that $350 a month starts going in your pocket and not the bank it’s hard to do again! I could probably avoid the loan again on a different truck but that would have to come out of my dirtbikes account and that’s off limits!

You’d be surprised at how many people think they can get a truck for $350, flipped in their trade, no money down, and bad or mediocre credit. How am I going to get $65k to $350 for 72 months?

Then they’re mad at me. I’m like, “It’s not magic, it’s math”.

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Lover. Fighter. Wild Bull Rider.

5/9/2020 4:03 PM

Pirate421 wrote:

I’m hoping she’ll go another year or so until I seriously think of buying something else. Once that $350 a month starts going in your pocket and not the bank it’s hard to do again! I could probably avoid the loan again on a different truck but that would have to come out of my dirtbikes account and that’s off limits!

OG725 wrote:

You’d be surprised at how many people think they can get a truck for $350, flipped in their trade, no money down, and bad or mediocre credit. How am I going to get $65k to $350 for 72 months?

Then they’re mad at me. I’m like, “It’s not magic, it’s math”.

For real I was scared to death buying this truck at $34k but now I see people at $500+ a month and once you don’t have that huge payment anymore it’s amazing how fast it adds up in your pocket! Used to be me and my friends would be all about what trucks we had but now if it gets me to work and the track I’m happy.

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5/9/2020 4:27 PM

I get a new truck between 70k and 80k miles so about every 3 to 4 years,the first real big hit of depreciation is between 90k and 100k miles. Just got rid of my 2014 RAM 1500 and picked up a 2020 Ram Rebel. Never had any lifter problems on the 2014 but heard plenty of them had it. The only thing I have that has more than a 100k miles is my 1987 GMC Vandura race van and that I very rarely drive so I will hang on to it.

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Ed Johnson

5/9/2020 6:07 PM

mxdevon wrote:

I’d offload before 90k. . I’ve also been really happy with my 19 ram 1500 ...Tows like a dream... coming from a 14 f250 diesel

I just bought a 2020 Ram 1500, also coming from a 2014 F250 Diesel. Haven't towed with it yet so glad to hear you like how it does.

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5/9/2020 6:23 PM

lostboy819 wrote:

I get a new truck between 70k and 80k miles so about every 3 to 4 years,the first real big hit of depreciation is between 90k and 100k miles. Just got rid of my 2014 RAM 1500 and picked up a 2020 Ram Rebel. Never had any lifter problems on the 2014 but heard plenty of them had it. The only thing I have that has more than a 100k miles is my 1987 GMC Vandura race van and that I very rarely drive so I will hang on to it.

Did you trade the 2014 in or private sale if you don’t mind sharing what you got for it? I know they are terrible on fuel and basic but I’ve always been drawn to the tundras. You get way less bang for the buck with them but my buddy has one that’s about as reliable as a hammer and I like the looks and roll down back window.

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5/9/2020 7:29 PM

lostboy819 wrote:

I get a new truck between 70k and 80k miles so about every 3 to 4 years,the first real big hit of depreciation is between 90k and 100k miles. Just got rid of my 2014 RAM 1500 and picked up a 2020 Ram Rebel. Never had any lifter problems on the 2014 but heard plenty of them had it. The only thing I have that has more than a 100k miles is my 1987 GMC Vandura race van and that I very rarely drive so I will hang on to it.

Pirate421 wrote:

Did you trade the 2014 in or private sale if you don’t mind sharing what you got for it? I know they are terrible on fuel and basic but I’ve always been drawn to the tundras. You get way less bang for the buck with them but my buddy has one that’s about as reliable as a hammer and I like the looks and roll down back window.

My wife is in the car business and has worked for one of the largest Dodge/Ram franchises for 30+ years so I retail my used truck on their lot. I got 24k for it and paid a spiff to the sales guys so its not the normal deal so I am lucky, a normal trade would have probably been about 17k to 19k but if I had 90k or more miles it would have been a big hit and maybe 12k to 15k on trade. The other good part is that when I do retail it on the lot it sells the same day most times.

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Ed Johnson

5/9/2020 7:47 PM

I bought a 2013 4 cylinder Tacoma new and haven't had a single whimper from it. I can't tow anything and she isn't very fast, but I'm coming up on 200K miles in a few months (I drive a lot.) I'm going to see how far I can drive that thing before the wheels fall off.

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Braaapin' aint easy.

5/10/2020 4:01 AM

lostboy819 wrote:

My wife is in the car business and has worked for one of the largest Dodge/Ram franchises for 30+ years so I retail my used truck on their lot. I got 24k for it and paid a spiff to the sales guys so its not the normal deal so I am lucky, a normal trade would have probably been about 17k to 19k but if I had 90k or more miles it would have been a big hit and maybe 12k to 15k on trade. The other good part is that when I do retail it on the lot it sells the same day most times.

Man if I could get $20k for my truck I’d be pretty pumped. I’ve always like the look of those rebels and like the looks and the room of the new 19+ Rams, just want to see how they do reliability wise.

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5/10/2020 6:53 AM

In for the long haul here. 2017 Civic with around 100k, 2007 Pilot with around 270k, 2006 Civic with around 520k that's been relegated to kids and college travel. Kind of vehicle dependant though. Our Hondas have treated us well. Before the 2006 we had a Jetta TD. Forget the year. Maybe 1999? But it lost the turbo in 2005 then the tranny a year later. That was enough of that. Drove right to the Honda place and got the Civic. Don't think we'll have a VW again.

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HAF

5/10/2020 5:18 PM

Falcon wrote:

I bought a 2013 4 cylinder Tacoma new and haven't had a single whimper from it. I can't tow anything and she isn't very fast, but I'm coming up on 200K miles in a few months (I drive a lot.) I'm going to see how far I can drive that thing before the wheels fall off.

Coming from another Toyota driver - I think you have quite a bit of time with that truck ahead of you!

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5/11/2020 5:59 AM

OG725 wrote:

Once you’ve got all the bells and whistles it’s hard to go back. I went from a 2016 301A XLT to 2019 502A Lariat (think Platinum without the “look at me” tailgate). You’d be hard pressed to get me back in to a nice XLT. Justify the extra expense to myself by the sheer amount of time I spend in the truck.

Almost went diesel on this truck. Same cost lower trim level, higher fuel costs, and higher maintenance costs prevented it. Did I want one? Yeah. Did I need one? No. Most people have way more than they need, for just a status symbol. Sounds like you’ve got what you want in mind.

I’m a Ford guy and a advocate of the 3.5L Ecoboost, but heed my warning when I tell everyone to steer clear of the 2.7L Ecoboost.

Super curious to your opinion the 3.5L being so much better than the 2.7L?




I generally trade in my 2500 HD LTZ crew cab standard box duramax every 2-3 Years. usually around 30-40k miles. Wait for incentives, buy at 20% Off MSRP, and the trade in is generally about 3500$ less than paid when new.

Sucks the new ones seem to keep going up 1-2k every year now, and with the new model almost 5k so i'll probably hold onto my 18 a little while longer.

Its nice to get out of them before you need to spend 1000$ on tires, or do breaks, or be out of warranty really. And with the duramax atleast, its like 2 30$ fuel filters over 30-40k miles, oil changes cost the same as a gas truck getting synthetic. Fuel is really the only "increase" in cost IMO, however I rifle downt he highway at almost 80 and get 20mpg while doing it, and it shines when towing a large snowmobile trailer or toy hauler.

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5/11/2020 7:08 AM
Edited Date/Time: 5/11/2020 7:10 AM

Falcon wrote:

I bought a 2013 4 cylinder Tacoma new and haven't had a single whimper from it. I can't tow anything and she isn't very fast, but I'm coming up on 200K miles in a few months (I drive a lot.) I'm going to see how far I can drive that thing before the wheels fall off.

crdnlplt wrote:

Coming from another Toyota driver - I think you have quite a bit of time with that truck ahead of you!

X2, just rolled 129k on my 2018 Tacoma.

Not a single issue to date, just fluids, tires, & filters.

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5/11/2020 9:48 AM

OG725 wrote:

Once you’ve got all the bells and whistles it’s hard to go back. I went from a 2016 301A XLT to 2019 502A Lariat (think Platinum without the “look at me” tailgate). You’d be hard pressed to get me back in to a nice XLT. Justify the extra expense to myself by the sheer amount of time I spend in the truck.

Almost went diesel on this truck. Same cost lower trim level, higher fuel costs, and higher maintenance costs prevented it. Did I want one? Yeah. Did I need one? No. Most people have way more than they need, for just a status symbol. Sounds like you’ve got what you want in mind.

I’m a Ford guy and a advocate of the 3.5L Ecoboost, but heed my warning when I tell everyone to steer clear of the 2.7L Ecoboost.

Whats wrong with the 2.7L? Just curious of your opinion as I've heard the opposite.

I have a 14 F150 XLT Ecoboost with almost 92k on it. I bought it brand new for $40k+, and its been paid off for about a year. I fully intent to drive it until the wheels fall off, then I'll look for a lease return. I can't justify the cost of new trucks these days. Seems like you cant even get power windows anymore for under $50k blink

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5/11/2020 9:57 AM

I’ve been looking at a few 2015-2018 Tundras. SR5’s between 30-50k mikes are going from $26k-$31k or so which isn’t terrible. I hate buying cars these days, the last time we bought my truck and my wife’s car we were there for 3+ hrs, such a nightmare.

Really hate being lowballed on my trade or having to play that stupid back and forth game with the dealership. What makes it so hard to sell a truck private sale these days? I guess people just don’t want to throw down $20k to a non dealership and maybe it’s harder to get financing if you need it but I’ve tried to sell my truck Private sale 3 times so far, nothing. I usually check all the websites like car gurus, autotrader, CL and then I’ll list it $1500-2000 less than what I’m seeing similar trucks go for with an obo at the end. I keep my trucks very clean and well maintained. Anybody have any luck with private sales?

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5/11/2020 10:01 AM

imoto34 wrote:

Chevy guy here but if you go bigger I would not go chevy. Have two 2020 3500s at the dealer. One only has 1300, both towed in with trash trannies. Not allison what tech said but are claimed to be.

This is correct, Allison did not design or build the new 10 speed transmission behind the diesels. GM designed and built is then sent it to Allison for verification and when they approved it then GM was able to put the name on it. Its basically a heavier duty version of the 10 speed thats in the 1/2 ton trucks and Camaro's. We haven't seen any come in the shop yet though with problems.

Also its marketed as a 10 speed, but it really only uses 9 speeds as it is a 2nd gear start all the time. The only time you get first gear at all is if in manual shift mode or tow/haul mode.

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