What about this 7.3? - Ford Powerstroke Diesel Forum
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Old 07-30-2014, 07:00 PM
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What about this 7.3?

I saw a 2002 7.3 Supercab XLT 4x4 w/ 8ft box on line. I may go look at it when I get back home next week if it hasn't sold.

The pictures make it look like new, but we all know pictures can be deceiving sometimes.

Supposedly it was "Grandpa's" truck. It only has 40k miles on it. They are asking $27,610 which is way, way high from the various places who give values. Edmunds says $13,813. KBB says $18,845 fair value, with a range of $17,862 to $19,827. NADA says $15,850.

If that thing is what it's represented to be, and if the price was right, it'd be all the truck I'd need.

Should a 2002 w/ only 40k miles raise red flags?

Last edited by Atlee; 08-01-2014 at 03:55 AM.
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Old 07-31-2014, 04:34 PM
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Run a carfax report to be sure, have a local mechanic take a look at it and see what he thinks. Whatever the value of it is now, just know that as you put miles on it, the resale value will drop drastically into the KBB/NADA range very quickly. Honestly, at that price point I'd be looking at a newer 6.4L. I love my 7.3, but that's a LOT of money for a 12 year old truck.

That said, if everything checks out and it's in as good of condition as the pictures portray, it comes down to how much is it worth to you? Is it worth paying $8000-$13,000 over the book value to have that truck, or would you rather find one almost as nice for a more reasonable price. Mileage isn't that much of a concern on these trucks, and $8000-$13,000 is a LOT of upgrades, cleaning and repairs that you could do on a different truck!
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Old 07-31-2014, 04:48 PM
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You could probably buy a 04-06 6.0 with around 100k miles bullet proof it and still be near the 27k asking price if the 7.3, plus have a newer nicer truck with more power. That's assuming both are stock.
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Old 08-01-2014, 05:38 AM
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As others have stated...that is a REALLY HIGH price. Question to ask yourself...is it exactly what you want or would you buy it and make changes to it? The only way I would pay that kind of money for a 12 year old truck is if were absolutely perfect and exactly what I wanted. Good Luck!
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Old 08-01-2014, 06:02 AM
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What would be a reasonable price? Edmund's $13,813 or NADA's $15,815, or KBB's range of $17,862 to $19,897.

I haven't talked to the owner yet, since I'm still down in Florida. I don't knopw if his listed price is THE price or his beginning point.
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Old 08-01-2014, 06:05 AM
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Nada would be reasonable, but with his asking price, he will feel low balled on all those figures
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Old 08-01-2014, 06:08 AM
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The only change I would be making is to add an exhaust type brake to it. I feel an exhaust type brake would come in handy on my trip to the Rockies in 2015.

Quote:
Originally Posted by MSTR-P View Post
As others have stated...that is a REALLY HIGH price. Question to ask yourself...is it exactly what you want or would you buy it and make changes to it? The only way I would pay that kind of money for a 12 year old truck is if were absolutely perfect and exactly what I wanted. Good Luck!
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Old 08-01-2014, 06:17 AM
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What will you be hauling through the Rockies? I'd find a similar truck for half the price in a southern state if I were you, I just can't see dropping that much cash on a truck that old and still try to upgrade
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Old 08-01-2014, 06:17 AM
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A local dealer, Richmond, VA area, has a 2005 King Ranch crew cab, 4x4 w/ 68,852 miles on it. He's asking $25,500 for it. Unfortunately it has the 6.0 and I'm very, very leery of that engine.
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Old 08-01-2014, 06:18 AM
Can you hear the derail??

 

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Studded and deleted that 6.0 can put down some serious power tho
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