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For reference when someone says 2/3, 4/5, etc in reference to lowering, that is usually the drop in inches for front/rear.Will do! I know I want to lower it 2 to 3 inches but don’t know where to go other then djm but i’ve heard they are pricy.
They aren't cheap, but they also have a well earned reputation for quality. A DJM 2/3 drop for an 01 Ranger is around $500. Realistically that's probably within about $50 for the same kit from anyone else, and likely better quality. Ok, eBay probably has it for half as much, but who knows what spring rates, shock rates, and material quality you're getting.
The DJM 2/3 kit consists of 2" lowering coil springs for the front, a flip kit with lift shackles that equals about 3" in the rear, and new shocks all around. That will put the truck about level. You could probably get the 2/3 for less by buying the individual kits. I think it would be about $300. The kit does include shocks for an extra $200, but for this small drop the stock length shocks should still be fine. Honestly though I don't think its worth it. Save up the extra $200 and get the kit with the shocks.
If you wanted to keep the rake, but lower, you could get the drop springs for the front and do a hanger flip in the rear for about a 2/2 drop. The springs are about $150, and the hanger flip is just the cost of hardware. Note that the hanger flip does require some tooling to remove the rivets holding them to the frame, so not everyone will have the equipment on hand.
Going lower than a 2/3 will increase cost, but you are also replacing more parts for the money.
For any of these also factor in the cost of needing camber eccentrics to align the front. I'm guessing that you'd spend around $50 for a set of those, but installing them when installing the drop will remove the cost of having to pay the alignment shop to do it. I can almost gurantee the alignment shop would be close to double on parts, then that again on labor to install.