What RAM electric trucks cost right now
RAM's electric truck, the RAM 1500 Revolution, starts around $60,000 to $65,000 before taxes and fees, though the exact price depends on which trim level you choose and where you buy it. The truck comes in multiple configurations — Standard Range, Extended Range, and Dual Motor — and each one costs more than the last. RAM also sells the RAM ProMaster EV, a commercial electric van that starts lower, around $40,000 to $45,000.
Prices vary by dealer, by region, and by current incentives. Some states offer tax credits or rebates for electric vehicle purchases, which can lower your actual cost. The federal government also offers a tax credit of up to $7,500 for certain electric trucks, though you must meet income and vehicle price caps to receive it. Your final price will depend on which incentives you may have access to for and whether you're buying or leasing.
Key Takeaways
- The RAM 1500 Revolution starts around $60,000 to $65,000 before incentives, with higher trims costing more.
- A federal tax credit of up to $7,500 may reduce your cost if you meet income limits and the truck meets price requirements.
- State and local incentives vary widely — some states offer additional rebates or tax credits that lower the purchase price further.
- Leasing a RAM electric truck may cost less per month than buying, and includes maintenance and warranty coverage.
- The actual price you pay depends on dealer location, current inventory, and which trim level and battery range you choose.
How trim levels and battery range affect the price
RAM offers the 1500 Revolution in different trim levels — typically Tradesman, Big Horn, and Laramie — and each step up adds features and raises the price. The Tradesman is the base model with fewer luxury features. The Big Horn adds comfort and technology. The Laramie includes premium materials and more advanced systems. You can expect each trim to cost $5,000 to $10,000 more than the one below it.
Battery range also changes the price. A Standard Range battery gives you roughly 200 to 250 miles per charge and costs less. An Extended Range battery offers 300 to 350 miles per charge and costs more — typically $5,000 to $8,000 extra. A Dual Motor version (all-wheel drive) adds another $5,000 to $10,000. Choosing which combination makes sense depends on how far you typically drive and whether you need all-wheel drive for your climate or terrain.
Federal tax credits and how they work
The federal government offers a tax credit of up to $7,500 for electric vehicle purchases, but you must meet specific requirements. Your household income cannot exceed $300,000 if you're married filing jointly, $150,000 if you're single, or $200,000 if you're head of household. The truck's final assembly price (before options) cannot exceed $55,000 for a truck, and the vehicle's manufacturer's suggested retail price cannot exceed $80,000.
The credit applies to the year you purchase the truck. You claim it on your federal tax return, which means you receive the benefit when you file taxes the following year — not at the dealership. Some dealers offer point-of-sale credits that reduce your price when ready, but you still need to verify you may have access to when you file your taxes. If the credit exceeds your tax liability, you may not receive the full amount.
State and local incentives that can lower your cost
Beyond the federal credit, many states offer their own incentives for electric vehicle purchases. California offers a rebate of up to $2,000 for low-income buyers and up to $1,500 for others. New York provides a tax credit of up to $2,000. Colorado, Connecticut, and Massachusetts also have state-level programs, though the amounts and rules differ. Some cities and counties add local rebates on top of state programs.
Incentives change frequently and depend on available funding. Some programs run out of money partway through the year and reopen later. Before you buy, check your state's energy office website or the federal Alternative Fuels Data Center to see what programs are currently open in your area. A dealer can also tell you which incentives explore to your purchase, though it's worth verifying the details yourself.
Leasing versus buying a RAM electric truck
Leasing a RAM electric truck typically costs $400 to $700 per month for a three-year lease, depending on the trim and battery range. Your monthly payment includes maintenance, roadside information, and warranty coverage, so you don't pay for repairs during the lease term. Leasing also means you don't own the truck at the end — you return it to the dealer.
Buying means you own the truck outright after you pay it off, but you're responsible for maintenance, repairs, and insurance. Electric trucks have fewer moving parts than gas trucks, so maintenance costs are generally lower, but battery replacement (if needed after warranty) can be expensive. Leasing makes sense if you want a new truck every few years and prefer predictable monthly costs. Buying makes sense if you plan to keep the truck long-term and want to build equity.
What's included in the price and what costs extra
The advertised price of a RAM electric truck includes the vehicle itself, the battery, the electric motor, and standard features for that trim level. It does not include destination charges (typically $1,500 to $2,000), taxes, registration, or dealer fees. Some dealers add documentation fees, delivery fees, or other charges that can add $500 to $2,000 to your final bill.
Optional packages and add-ons cost extra. A towing package, premium sound system, advanced driver information features, or upgraded wheels can each add $500 to $3,000. Charging equipment — a home Level 2 charger — is not included in the truck price, though some dealers offer it as part of a promotion. A Level 2 charger typically costs $500 to $2,500 installed, depending on your home's electrical setup.
How to compare RAM electric truck prices across dealers
Prices vary between dealers even in the same region, so it's worth getting quotes from multiple locations. Call or visit dealer websites and ask for the out-the-door price — the total you'll pay including all fees, taxes, and destination charges. This number is more useful than the advertised price because it shows what you actually owe.
Check whether the dealer is offering any current promotions, rebates, or incentives. Some dealers discount the price to move inventory. Others offer free charging equipment or extended warranties. Compare these offers alongside the base price. Also ask about the dealer's service department and whether they have experience servicing electric vehicles, since you'll want reliable maintenance and repair support after you buy.
Frequently Asked Questions
Can I get the federal tax credit if I lease instead of buy?
No. The federal tax credit applies only to purchases. If you lease, the leasing company claims the credit, not you. However, leasing companies sometimes pass savings to lessees through lower monthly payments, so leasing may still be cheaper overall.
Do RAM electric truck prices include a home charger?
No. The truck price covers the vehicle and battery only. A Level 2 home charger costs $500 to $2,500 installed separately. Some dealers offer chargers as part of a promotion, so ask when you're shopping.
Will RAM electric truck prices drop if I wait?
Electric vehicle prices have generally stabilized after dropping in 2023 and 2024, but prices can shift based on demand, inventory, and changes to federal incentives. Waiting may mean missing current rebates or dealer promotions, so compare the cost of buying now versus waiting based on your specific situation.
What happens to the price if I add all-wheel drive?
Adding all-wheel drive (Dual Motor) typically increases the price by $5,000 to $10,000. It improves traction in snow and rough terrain but reduces driving range slightly because the extra motor uses more power.
Are there hidden fees I should know about?
Yes. Destination charges, documentation fees, registration, taxes, and dealer add-ons can total $2,000 to $5,000 beyond the advertised price. Always ask for the out-the-door price before you commit, and request an itemized breakdown of all fees.