Liquidretro t1_iujqwus wrote
You would sure gain overall reliability and fuel efficiency by moving to a Prius.
Have you looked up how the dealers offer is in terms of where the market actually is?
Unless the truck has damage, or a ton more miles I would expect it to have depreciated less given how hot the truck market has been. That's all assuming you got a decent deal in the first place. With the pandemic causing auto market sagas you may have overpaid and that's the reason here.
Are you using https://www.fueleconomy.gov/feg/Find.do?action=sbsSelect to do the fuel savings calculations?
shortwave_cranium OP t1_iujsi3x wrote
We put about 25k miles on the truck. No damage. It's currently has 57k miles on the odometer (Prius has 33k). Perhaps we could get 5-7k more selling the truck privately. Not sure I want the headache of selling privately though. My research suggests that CarMax is well known for giving the best trade-in value amongst dealerships.
I used a few fuel calculators, but not that one. Thanks for the link. According to fueleconomy.gov we'd save 2.7k a year in fuel which puts me closer to pulling the trigger if that's correct.
Liquidretro t1_iujtlys wrote
I mean I guess if the convenience is worth $5-7k for you, or you can't be bothered to get some other offers from dealers or online places go for it. I think CarMax is lowballing you on the value of the Ram.
That's enough of a difference that I would be willing to work for it a bit on my own first before taking such a bath financially in the trade. I mean that's 2 years of fuel you planned to save down the drain on day 1.
shortwave_cranium OP t1_iujttm7 wrote
You make a good point.
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