2021 Ram 1500 Loss in Value Case Study (PDF)
The 2021 Ram 1500 stands out amongst its peers not just because of its “best-in-class” accolades, but due to its dedication to the concept of elevated expectations for the entire pickup truck breed. No longer are pickups judged based solely on their ruggedness; this latest Ram offers a luxurious interior, comfortable ride quality, and plenty of options that you won’t find from competitors like the Chevy Silverado 1500, GMC Sierra 1500, and Ford F-150. The Ram improves upon these features with an air suspension system, built-in cargo bed bins, split-folding tailgate, and a giant 12.0-inch touchscreen. Its diesel six-cylinder engine adds excellent fuel efficiency and ample torque too. Alongside its standard V6 and optional Hemi V8 engines, hybrid systems contribute to Ram’s contemporary feel, which is further enhanced by its in-depth technologies and wide range of capabilities.
In addition to its many trim levels, the Ram 1500 has gasoline powertrains with V-6 and V-8 engines paired with an eight-speed automatic transmission that shifts smoothly. Rear suspensions on Ram 1500s are standard coil springs or optional air springs, unlike leaf springs on domestic competitors. Light steering and strong brakes provide a comfortable ride as well as confident stopping.
As a result, the EPA estimates that the most efficient V-6 Ram would earn up to 20 mpg in the city and 26 mpg on the highway, while the V-8 Ram will get up to 17 mpg in the city and 23 mpg on the highway. The government estimates diesel-powered Rams would earn up to 22 mpg in the city and 32 mpg on the highway;
Was Your 2021 Ram 1500 in an Accident?
You were on a regular day and had a car accident. Did you know that a wrecked and repaired car can lose $12,205 or more in value?
Diminished Value Calculator | |
Before Accident Cash Value | $61,025 |
After Accident Cash Value | $48,820 |
Diminished Value | $12,205 |
Regardless of fault, you’re entitled to the reduction in value! Wondering how much your car lost due to a collision? We can help you! We are licensed auto appraiser specializing in Diminished Value, Total Loss, Actual Cash Value, Classic Cars, and Insurance Claim Settlements. Get a FREE Claim Review or call now at (678) 404-0455 and receive the compensation you deserve.