Ram has announced the pricing for the 2020 Ram 1500 EcoDiesel pickup, which is powered by a new 3.0-liter V6 diesel. The entry price for the diesel-powered Ram 1500 starts at $38,585 for the Tradesman Quad Cab 2WD model, including the destination fees.

The EcoDiesel is a $4,995 option, or $3,000 premium over the 5.7-liter HEMI V-8 eTorque equipped models.

The 3.0-liter EcoDiesel V6 generates 260 horsepower and 480 lb.-ft. of torque, which gives the 1500 EcoDiesel a towing capacity of 12,560 pounds. Ram hasn’t announced the fuel economy specs for the 2020 Ram 1500 EcoDiesel, but they will be announced when it goes on sale in the fourth quarter of this year.

For the first time ever, the Ram 1500 Rebel is also available with the diesel engine.