Is the $5,500 price on this 2007 Dodge Ram 1500 Pickup a good deal?

OAV rates this as Fair Price because the asking price of $5,500 is within the typical market range for this vehicle.

What is the average price for a 2007 Dodge Ram 1500 Pickup in MI?

Based on 36 comparable listings in MI, the average asking price for a 2005-2009 Dodge Ram 1500 Pickup is $8,313, with prices ranging from $3,995 to $14,800.

How long does a 2007 Dodge Ram 1500 Pickup typically stay on dealer lots?

Comparable Dodge Ram 1500 Pickup listings in MI spend an average of 209 days on dealer lots.

Where is this 2007 Dodge Ram 1500 Pickup located?

This vehicle is listed in Waterford Township, MI 48329. VIN: 1D7HU16P47J574838. Mileage: 172,743 miles.

What is the fair market price range for this 2007 Dodge Ram 1500 Pickup?

OAV's Price-to-Market analysis estimates the fair market range is $4,995 to $8,995, based on 6 comparable vehicles.

Vehicle Details

VIN1D7HU16P47J574838

TrimSLT

Exterior ColorGray

Drivetrain4WD

Engine4.7L V8

TransmissionAutomatic

Fuel TypeE85 / Unleaded

Inventory Typeused

Days on Lot663

Days on Market711

2007 Dodge Ram 1500 Pickup

SLT

Unscored

$5,500172,743 miles

Waterford Township, MI 48329

Market price position

Lowest comparable ($)

4,995

Highest comparable ($)

8,995

This vehicle's price ($)

5,500

$5,500 · within market range

$4,995comparable$8,995

Regional range: $4,995 – $8,995
vs. market: $505 above low · $3,495 below high
Comparable vehicles: 6

Demand-Verified· Backed by recent sales data

Faster-than-average sell-through

Similar vehicles recently sold in an estimated 10–58 days.

What does Demand-Verified mean?

Verify before inquiring

This listing has been on market about 11.4x longer than typical for similar vehicles (cohort sells in 10–58 days; this one is at 663). Long days-on-lot on a fast-turn cohort can signal title concerns, mechanical issues, or pricing the dealer won't actually honor. Recommend a vehicle history report before spending more time.

Market Breakdown

Local = comparable listings in the same metro. Regional = comparable listings across the broader state or multi-state region. Both ranges refresh daily.

Regional Range$4,995 – $8,995

Dealer Info

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Waterford Township, MI

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About This 2007 Dodge Ram 1500 Pickup

Listing updated: May 4, 2026

Listed by an independent dealer in Waterford Township, MI · On lot for 663 days · VIN verifiable at NHTSA

This used 2007 Dodge Ram 1500 Pickup SLT is listed at $5,500 by an independent dealer in Waterford Township, MI 48329. It has 172,743 miles on the odometer. The exterior color is Gray. It features a 4WD drivetrain with a 4.7L V8 engine and Automatic transmission.

OAV's AI-powered Price-to-Market analysis rates this vehicle as Fair Price — priced at market value. Based on 6 similar vehicles in the Waterford Township market, the estimated market range is $4,995 to $8,995.

This vehicle has been on the lot for 663 days.

Analysis powered by OAV's patented inventory standardization technology (U.S. Patent No. 12,236,477).

How this deal is rated

OAV compares this 2007 Dodge Ram 1500 Pickup against similar vehicles currently available in the local and regional market — same make, model, and year range, filtered for comparable mileage. Based on where this listing falls in that comparable set, it is rated:

Great Deal — priced below the typical range for comparable vehicles.
Fair Price — priced within the expected range for comparable vehicles.
Overpriced — priced above the typical range for comparable vehicles.

This rating refreshes daily as inventory enters and leaves the market. The dealer on this listing has not yet activated on OAV, so the business name and contact details are anonymized here. Activated (paying) dealers appear with their verified business name and a Verified badge.

How this listing is verified

This vehicle listing was aggregated from an independent dealer in Waterford Township, MI, one of 57,000+ U.S. dealerships in OAV's nationwide inventory network.The VIN 1D7HU16P47J574838 can be independently verified via the U.S. Department of Transportation's NHTSA VIN decoder, and safety recalls at NHTSA's recall database.

Vehicle attributes (year, make, model, trim, mileage, location) are standardized using OAV's patented methodology (U.S. Patent No. 12,236,477), which normalizes naming conventions and deduplicates cross-listed inventory across the dealership network. Listing data is refreshed daily; Price-to-Market analysis uses comparable vehicles within the same geographic market.

2007 Dodge Ram 1500 Pickup Market in MI

Comparable Vehicles

Average Price

$8,313

Price Range

$3,995–$14,800

Avg Days on Lot

209

Based on 36 comparable 2005-2009 Dodge Ram 1500 Pickup listings in MI, the average asking price is $8,313. This listing at $5,500 is $2,813 below average (34% below market). Comparable prices in MI range from $3,995 to $14,800. Similar vehicles spend an average of 209 days on dealer lots in this market.