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2003 Dodge Ram 1500
Invoice: $16,692 - $25,737
Miles Per Gallon
City: 14 MPG - 16 MPG
Highway: 18 MPG - 21 MPG
Body Style: N/A
Engines: 3.7L V-6 215 HP, 4.7L V-8 240 HP
Dodge Ram boasts high levels of refinement and comfort. Completely redesigned and reengineered last year, this latestgeneration Ram has reestablished Dodge as a leading product among fullsize pickups. While the previousgeneration Ram had fallen behind the GM and Ford in terms of refinement, the current Ram competes head to head with the other fullsize trucks. The latest Ram offers a much smoother ride and a bigger, more comfortable, and more convenient cab. But all this refinement doesn't mean the Dodge Ram has gone soft. The newgeneration Ram also delivers improved towing and hauling capability, plus more powerful and efficient engines. For 2003, Dodge has introduced a sophisticated new fivespeed automatic transmission. A more capable OffRoad package has been added, along with a rugged Work Special. Also new for 2003 is a line of heavyduty 2500 and 3500 models, not covered here. In January 2003, the 5.7liter Hemi V8 replaced the aging 5.9liter V8, increasing power by 100 horsepower and 40 poundsfeet of torque while improving fuel economy by 10 percent.
Purchasing an older vehicle, such as the 2003 Dodge Ram 1500, makes good financial sense. You're able to avoid the steep depreciation rates that occur with brand new vehicles. This essentially gives you the advantage of getting a 2003 Dodge Ram 1500 for less money than when it was new. If the 2003 Dodge Ram 1500 was properly maintained, you also have a good chance of steering clear of problems that would have developed when the car was new.
The amount you pay for an older car depends on various factors. One important element is where you buy the vehicle. You're likely to get a better deal if you buy it from a private party, as opposed to a dealer. On the other hand, a reputable dealer will normally have some kind of limited warranty, so you can drive away knowing that if the car breaks down right away, you'll be covered. Another factor that may affect price on a 2003 Dodge Ram 1500 is whether it's "certified" by the manufacturer. A certified vehicle will cost more because warranty service is provided that normally doesn't come with a used car.
Another dynamic that will play into the purchase price is the resale value. A used vehicle with a high resale value will obviously cost you more. It is expected that the 2003 Dodge Ram 1500 will have a very good resale value. This assumes that the 2003 Dodge Ram 1500 is in good condition and has a reasonable number of miles.
Find a used 2003 Dodge Ram 1500 for sale at CarsDirect.
