Used value estimate
2023 Ram 1500 value
By Hari Vinayak · Updated 2026-06-12
Quick answer
A 2023 Ram 1500 in good condition with average mileage (about 37,500 miles) is worth roughly $32,350 in a private-party sale — a fair range of $29,750 to $34,950, or about $37,200 at a dealer. 2023 is not on our years-to-avoid list, so condition, history, and maintenance matter more than the model year here.
Estimated value by mileage
Good condition, clean title. Mileage is the biggest single factor at this age.
| Mileage | Miles | Fair value | Private party |
|---|---|---|---|
| Lower mileage | 25,500 | $34,250 | $31,500–$37,000 |
| Average mileage | 37,500 | $32,350 | $29,750–$34,950 |
| Higher mileage | 51,000 | $30,300 | $27,900–$32,700 |
Is 2023 a good year to buy?
2023 is not on our years-to-avoid list for this model, so judge the individual car on history and maintenance.
Compare the best and worst 1500 yearsWhat to check before you pay
- 5.7L Hemi: lifter and camshaft wear ('Hemi tick') — a consistent tick that changes with RPM is the warning
- Air suspension (2013+ optional): compressor and air spring failures — test all height modes
- Exhaust manifold bolts breaking on Hemis: ticking at cold start that fades when warm
Found a 2023 1500 listing?
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