Sold to CarMax - 2014 Ram 1500 EcoDiesel Long-Term Road Test
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2014 Ram 1500 EcoDiesel Long-Term Road Test

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2014 Ram 1500 EcoDiesel: Sold to CarMax

by Ronald Montoya, Senior Consumer Advice Editor on February 15, 2016

2014 Ram 1500 EcoDiesel

Our 2014 Ram 1500 EcoDiesel reached its golden anniversary at 50,000 miles. This was a great truck and we loved driving it so much that we kept it an extra 10 months. But it's a new year and there are new cars to buy. Time for a trip to CarMax to size up the truck's value.

According to Edmunds True Market Value, the Ram should be worth about $30,420 as a trade-in. For reference, we paid $50,510 when we bought it in April 2014.

I asked the CarMax appraiser if our spray-on bed liner would affect the truck's value. He said they'd consider it, but it wouldn't likely have a huge impact on the price. Personally, I think an aftermarket bed liner of any sort would improve a truck's trade-in prospect, if only for cosmetic value. No one wants to buy a truck with a bed full of scratches.

CarMax offered us $32,000. This represents roughly 37 percent depreciation over about 22 months. It's hard to pinpoint what the value would have been at the 12-month mark, but the Ram's depreciation seems to be on par with our last full-size truck, the 2014 Chevrolet Silverado. The Chevy depreciated about 24 percent in 12 months.

Since the offer was so good, we sold the truck to CarMax a few days later. What do you think? Was this a good price or not?

Ronald Montoya, Senior Consumer Advice Editor @ 50,084 miles

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