So I am new to the forum, and looking to get some advice, I do not currently own a Ford Powerstroke, but I am looking into getting one and I have been offered what seems to me to be a good deal, I just really don't know if it is a good deal or not. I have been offered by a family friend to sell me his 1997 Ford F-250 7.3l Powerstroke XLT, it's got the 5 speed manual, 240k miles, 4x4 longbed, extended cab. He has sgiven me the price of $3500, now I don't know if that's a good price or not, but I've done some searching online and it seems to be. I just have a few questions: what do I need to look at specifically before I buy it? and Just is this a fair price for what I am getting?
He is also the first owner and he has told me most of the miles on it are highway miles.
Thanks for any input
Look for a rusted oil pan.
Look for oil leaks at the following places: dipstick fitting on oil pan, oil cooler (parallel to the driver side exhaust manifold), mating surface of oil pan to engine block (all around), power steering lines, steering box
Let it run and check the valley of the motor for fuel leaks. The fuel bowl is up there and can leak in multiple places. The lift pump is up there too. If it's leaks fuel bad enough it will drip down the back of the motor and off of the transmission bell housing.
Check for blow by.
Check the fuel tanks for leaks.
Pull both back wheels and brake drums off and check for gear oil leaking out of the hub seals.
Check the core support for rust.
$3500 is a good price as long as it doesn't leak everywhere and isn't rusted out very badly.
Fixing little things like leaks will add up the $ quickly.
I know this b/c I recently bought a 97 and have been rebuilding it piece by piece.
The more I drive it, the more things I find to fix, or stop from leaking, etc...