Hi all,
In my search for a good OBS 7.3l I've found one that's in great shape, just a little overpriced. The dealer says the previous owner had a new trans installed and has the receipts/invoice as documentation. I don't know what the materials & labor costs are for this, but for example we'll say it runs $5,000. Is there a depreciation percentage I should be taking into account when making my offer? If the truck is worth $10k and had the $5k trans in it, that would to the unassuming eye equal $15k; however a $10k truck without a trans isn't worth $10k. So if the truck is worth $10k in great shape, and happens to have a brand new trans that was worth $5k, what should I be offering, $12.5k? Or closer to $10k because that's what the truck would be worth with the stock operational trans? I want to have a productive conversation with the dealer, but am not in the business of getting fleeced.
Thanks!
In my search for a good OBS 7.3l I've found one that's in great shape, just a little overpriced. The dealer says the previous owner had a new trans installed and has the receipts/invoice as documentation. I don't know what the materials & labor costs are for this, but for example we'll say it runs $5,000. Is there a depreciation percentage I should be taking into account when making my offer? If the truck is worth $10k and had the $5k trans in it, that would to the unassuming eye equal $15k; however a $10k truck without a trans isn't worth $10k. So if the truck is worth $10k in great shape, and happens to have a brand new trans that was worth $5k, what should I be offering, $12.5k? Or closer to $10k because that's what the truck would be worth with the stock operational trans? I want to have a productive conversation with the dealer, but am not in the business of getting fleeced.
Thanks!