Forum Discussion

pressure_welder's avatar
Aug 13, 2017

TV trade in....

Good morning everyone hope all is well ! I was curious what some of you may have done if you were in the same position as the wife and I... i apologize for the long winded response!

Anyway.. back in 2014 we ordered a 2015 duramax denali dually, drove it for about a year, and it was a complete pig on fuel, and the interiors just didn't do it for us, we actually liked our 2012 denali dually better. Don't get me wrong the 15 duramax pulled great, and did its job well.

long story short a friend convinced us to go look at a 2015 Ram limited dually, and here we are today with the Ram for 2 years. Absolutely love it. Tons of power, about the only gripes i have is the stupidly small fuel tank, and the exhaust brake isn't quite as aggressive as the duramax.

However i love trucks! and i thought i would never say it but the new F350 duallies have really caught my eye big time. The amount of features it has is through the roof, and the 48 gallon tank is awesome! I have come to realize that all 3 brands will more than adequately pull our Montana and boat combo with no issues, so its changed from buying engine/transmission reliability to interiors/exteriors/features for us now. After we had switched from the GM to Ram i vowed to stop being stupid and so "brand loyal" because all we had ever owned is GM and i was extremely happy with our switch to Ram, so i can only imagine the same for a possible switch to Ford.

Being that we traded our 15 GM in on the Ram after one year of use, i imagine we took a bit of a hit, however the dealer was still able to attain the monthly payment we wanted on the RAM and i believe we got a great deal as it was a leftover 2015. Now we don't plan on upgrading to a new truck for roughly 1 to 1.5 years, the ram should be at roughly 70,000KM by then, may not be the best way to look at it... but now that i am not able to delete i just don't trust keeping these trucks past emissions warrenty, being we live in Canada, the amount of diesels in our family and emissions issues has been a really frustrating experience for us. So as a general rule we will be moving on shortly after emissions warrenties end.

What my question is what makes more sense and what have you guys done in the past? We took the longer term 84 months to attain the payment we wanted at the time because it was such a "quick switch" we werent prepared to buy, but things worked out.... Our plan when moving onto a new Ford is to put a great deal of money down 20-30,000$ plus trade in to acquire the lowest monthly payment possible. What would be smarter, putting the money down on the existing RAM loan, or waiting until we trade in and using that money for a downpayment ?

24 Replies

  • Maybe look into adding a TransferFlow Aux tank to your Ram. We have a 96 gallon aux tank on our 2008 GMC 3500 Duramax and can go 1500 miles between fill ups. If you maintain your truck you shouldn't have to many issues. Over 132000 miles on our GMC with only the #8 glow plug having ann issue, took 30 minutes to replace.

    If your hell bent on trading in, again, I'd put the money down on the new truck with your trade in and take the shortest loan possible. Keep the money now as it's probably making higher interest than your truck loan is.
  • The simple accounting answer is to pay down the ram as much and soon as possible. You don't pay interest on money you are not borrowing. Now some may say you can invest the money you are saving and make more than the loan interest, but that is not guaranteed.
  • That's sort of comparing apples to oranges. You have an 05 duramax without any emissions equipment to worry about. I would consider keeping the RAM if deleting was an option, but my guy who does my annual safeties just cant let the deletes slide anymore. I agree with you completely, i have a 2007 5.9 cummins welding rig that has 220,000 miles on it and still running like a beast. But of course that's with no emissions equipment.

    Theres also a lot to say about driving a truck with full warrenty... i have good experience with both... paying for repairs on my welding rig is expensive enough with the 24v 5.9, couldn't imagine paying for some items on this 6.7 RAM. Piece of mind has its own cost for sure.
  • I'd just keep what you have. I suspect the money you lost on the GM and the interest on the loans is more money than I've spend to buy a truck in years past.
    My current '05 Chevy dually was purchased new and now has 222,000 trouble free miles on it. I don't plan to get rid of it for many years. It should easily reach 300,000, hopefully more. I haven't had a vehicle payment of any kind in over 6 years. That includes owning a fleet of Chevy work trucks and the personal vehicles.