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How Much Does It Cost to Own a Ram TRX? A 5-Year Cost Breakdown

Edmunds’ five-year estimate for a 2024 Ram TRX is $83,197, but your real cost will depend on fuel use, purchase price, financing, insurance and more.
Entry683 Date Time5 min MechanicCarCody Team
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A useful benchmark is $83,197 over five years: Edmunds’ modeled ownership cost for a 2024 Ram 1500 Crew Cab TRX 4WD. That estimate includes fuel, depreciation, financing, insurance, maintenance, taxes and fees, and repairs. It is a scenario—not a universal price or a personalized quote. Your actual total depends on how much you drive, what you pay for the truck, where you live, your insurance and loan terms, and the vehicle’s condition. Edmunds’ 2024 Ram 1500 True Cost to Own

What does the five-year TRX estimate include?

Edmunds’ current page models these costs for a 2024 Ram 1500 Crew Cab TRX 4WD. The figures below are estimates for that model year and configuration, not quotes for a particular buyer or used truck.

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Cost category Edmunds’ five-year estimate What can change it
Fuel $26,547 Annual mileage, local gas prices, driving pattern and actual fuel economy
Depreciation $19,411 Purchase price, mileage, condition, market demand and resale timing
Financing $16,327 Down payment, amount borrowed, APR and loan term; a cash purchase has a different cost structure
Insurance $7,598 Driver, garaging address, coverage, deductible, insurer and claims history
Maintenance $6,042 Service schedule, mileage, service choices and use
Taxes and fees $5,077 Jurisdiction, purchase price, registration and dealer transaction
Repairs $2,195 Age, mileage, condition, use and warranty status
Total modeled five-year cost $83,197 Edmunds estimate; replace assumptions with your own

Fuel is the largest line in this example, followed by depreciation and financing. Those categories make clear why a monthly payment alone does not capture the cost of owning a TRX. A payment reflects a particular loan; it does not include fuel, insurance, maintenance, repairs, taxes or the truck’s eventual resale value.

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How much does a TRX cost to fuel?

The 2024 TRX fuel-economy label lists 10 mpg city, 14 mpg highway and 12 mpg combined, or 8.3 gallons per 100 miles. Under the label’s assumptions of 15,000 miles per year and $4.30 per gallon, estimated fuel cost is $5,400 per year. The label also estimates $17,250 more fuel cost over five years than the average new vehicle; that is a comparison against the average, not the TRX’s total five-year fuel bill. The label warns that actual results vary. 2024 TRX window sticker and fuel-economy label

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Estimate your own fuel expense

For a rough estimate using the label’s consumption rate, multiply annual miles by 0.083 and then by your local price per gallon:

Annual fuel expense ≈ annual miles × 0.083 × local price per gallon

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At 15,000 miles and $4.30 per gallon, this calculation gives about $5,354 before rounding, consistent with the label’s $5,400 annual estimate. It is arithmetic based on the label’s stated rate, not an independent real-world test. Your driving conditions and habits can change actual fuel economy.

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Why can the total change so much from one owner to another?

Purchase price, depreciation and resale

The Edmunds model assigns $19,411 to depreciation over five years. This is an estimate, not a guaranteed resale loss. What you actually spend depends on the price you pay, how long you keep the truck, its mileage and condition when sold, and the market at that time. A historical original price is not a substitute for a current asking price or the transaction price of a specific used TRX.

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Financing

Edmunds assigns $16,327 to financing in its example. Your financing cost depends on the amount borrowed, APR, term and down payment. A cash buyer will not have the same loan-interest expense, although paying cash still ties up money that could have been used elsewhere.

Insurance

The modeled $7,598 is not an insurance quote. Premiums vary with the driver, location, insurer, selected coverage and deductible, and claims history. Get quotes using the specific TRX’s details and the coverage you intend to carry before committing to a purchase.

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Maintenance, repairs, taxes and fees

The model estimates $6,042 for maintenance, $2,195 for repairs, and $5,077 for taxes and fees. Maintenance and repair bills depend on mileage, use, condition and service choices; taxes and registration-related costs depend on where and how you buy. A used truck’s service records, inspection findings and warranty status are especially relevant when estimating future upkeep.

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What does the 2024 TRX’s original price tell you?

The 2024 model was the final model year for the original supercharged V8 TRX generation. In an Aug. 30, 2023 announcement, Stellantis said production of the current-generation 6.2-liter TRX would conclude at the end of that year. It announced a Final Edition starting price of $117,625 plus $1,995 destination and said 2024 model-year production would include up to 4,000 Final Edition trucks worldwide, in addition to non-Final Edition models. That price was a historical starting price for the Final Edition, not a price for every 2024 TRX or a current used-market valuation. Stellantis’ 2024 TRX Final Edition announcement

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The window sticker linked above lists a $96,340 base price for the specific Final Edition vehicle represented by that sticker. The sticker figure and the manufacturer’s announced Final Edition starting price are different figures for different contexts; verify the exact sticker and transaction for the truck you are considering rather than treating either as a universal TRX price.

How should a used-TRX buyer check warranty coverage?

Mopar’s current general coverage page says gas-powered vehicles receive a 5-year/60,000-mile gas powertrain limited warranty for covered components on most new Ram vehicles. That general description does not establish coverage for a particular used TRX. Coverage depends on the applicable model-year booklet, in-service date, mileage, ownership and exclusions. Check the VIN and warranty history, and confirm the applicable terms with Mopar or a Ram dealer. Mopar current model-year coverage

Mopar also describes a separate extension for eligible 2026 model-year Ram vehicles, including listed 5-year/60,000-mile new-vehicle powertrain terms for second and subsequent owners. Those program terms should not be applied automatically to a 2021–2024 TRX. Mopar powertrain warranty extension terms

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How to make the estimate fit your situation

  1. Start with the truck’s actual price. Use the specific vehicle’s asking price and expected transaction price, not a historical MSRP as if it were today’s market value.
  2. Estimate fuel from your driving. Use annual mileage and local gas prices in the calculation above; treat 8.3 gallons per 100 miles as the 2024 label’s benchmark, not a guarantee of your real-world consumption.
  3. Use your real loan terms. Calculate financing from your down payment, amount borrowed, APR and term—or remove loan interest from your estimate if you are paying cash.
  4. Get insurance quotes for the truck and driver. Ask for the same coverage limits and deductible you plan to use so quotes are comparable.
  5. Check taxes, fees and upkeep locally. Include your jurisdiction’s purchase and registration costs, review service records, and account for the vehicle’s condition and warranty status.
  6. Choose a resale horizon. Estimate depreciation over the time you expect to own it, using the specific truck’s purchase price, mileage and condition rather than assuming Edmunds’ modeled amount will match yours.

If you compare TRX model years or another truck, hold the assumptions constant: transaction price, annual miles and gas price, loan down payment/APR/term, insurance coverage, maintenance and repair basis, warranty status, and ownership period. Without comparable assumptions, a headline total can obscure rather than explain the difference.

Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.

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