If you’re approaching the 150,000-mile mark on your Ram 1500’s odometer, then the need for a new transmission makes sense. The cost of a 2014 Ram 1500 8-speed transmission replacement can be upwards of $3,500 plus labor (a decent repair shop will charge between $115 and $150 an hour for transmission work).
Before you dig deep into your wallet, ask your mechanic if a transmission rebuild wouldn’t resolve the issue instead. In most cases, rebuilds are more affordable than outright replacements. The average Dodge Ram 1500 rebuild kit costs between $1,800 and $2,400—still pricey, but not as high as the transmission replacement cost.
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