The high-horsepower Ram 1500 TRX is returning for the 2024 model year. Despite serious competition with the Ford F-150 Raptor R, it isn’t making any changes to the powertrain because if it ain’t broken, don’t fix it. However, with the Raptor R featuring a price tag of $109,990, Ram decided it had room for some price negotiation, and bumped up the price of its super truck as well. Or maybe it’s to bankroll the upcoming Ram REV electric truck. Maybe we’ll never know.
2024 Ram 1500 TRX: Pricing And Details
According to Mopar Insiders, despite minimal changes to the overall design of the 2024 Ram 1500 TRX, the price has jumped up a whopping $10,390 USD, bringing the new MSRP to $95,490 USD. That said, it only takes a little to push the cost of a fully-equipped 2024 Ram 1500 TRX beyond the $116,000 mark. But, as we already established, its price is still comparable to the Ford F-150 Raptor R, even when fully equipped with all the options you can get.

This could be the final year of the TRX in its current form, that is, with its supercharged 6.2-liter Hemi V8 engine (known as the Hellcat in Dodge products) that produces 702 horsepower and 650 lb-ft of torque. 2025 will see a facelift on the Ram 1500 lineup, which should boost sales numbers and is why we suspect this to be the final year of the Hemi TRX. It’s pretty clear by now that Stellantis, the parent company of Ram, is slowly getting rid of the Hemi engine lineup and replacing it with the twin-turbocharged inline-six-cylinder lineup. We’ve previously covered that Ram engineers have been actively running several Ram 1500 TRX trucks equipped with the high-output variant of the twin-turbocharged 3.0-liter Hurricane engine. This version can generate around 550 horsepower and over 500 lb-0ft of torque. In addition, the engine is expected to be paired with an 8-speed automatic transmission from ZF to ensure efficient power delivery, similar to the current TRX and Grand Wagoneer models.
If you think those numbers don’t even remotely compare to the 702 horsepower we’re used to seeing from the TRX badge, you’re not the only one. It’s more than the standard F-150 Raptor, which comes at 450 hp from an EcoBoost 3.5L V6. So, it’ll be a downgrade when Ram does decide to scrap the Hemi from the legendary truck. Still, as long as they don’t eliminate any off-road capability along the way, it’ll remain a super capable truck that can easily compete against the F-150 Raptor. Though the price tag may dip after this year, the price we are seeing may be a final hoorah for the Hemi V8 at the heart of the king of the dinosaurs.