A method for providing improved ride control for a work vehicle when transporting a drawn implement may include monitoring a load applied through a drawbar-related component(s) of the work vehicle while the drawn implement is being transported, wherein the drawn implement is located at a transport position relative to a driving surface of the work vehicle such that a ground engaging tool of the drawn implement is located above the driving surface. The method may also include detecting a variation in the monitored load over time, comparing the detected load variation in the monitored load to a predetermined load variance threshold and controlling an operation of at least one of an implement suspension system of the drawn implement or a vehicle suspension system of the work vehicle so as to reduce the detected load variation in the monitored load when the load variation exceeds the predetermined load variance threshold.