KBB vs Sellers Expectations
#1
KBB vs Sellers Expectations
first time poster, but I have been lurking and reading for a while now.
I have a growing family that for extended road trips and getaways we are bursting at the seams in our Honda Pilot. I regularly carry surfboards and bikes on it when we travel and space is becoming an issue.
I love the Pilot but crave more room for off road adventures. Baja, Mojave Road, Titus Canyon, Cali Lost coast, Moab etc etc....
This led me first to a sports mobile and then to a cummins 2500 and now to an Excursion.
I love the space and room of the X, and the simplicity of the diesel. That said, I have been sufficiently scared away from the 6.0L and am looking exclusively at the 7.3
What I can't seem to wrap my head around is the massive discrepancy between the the KBB is and what the sellers are expecting.
I understand that the KBB is often low, but I am seeing sellers asking double.
That said, I am looking at several X's and want opinions on what a fair market value is.
FWIW here is the KBB Kelley Blue Book
Here is the first one. Great looking truck, decent mileage and looks to be decent modifications. He is asking $19,500
http://images.craigslist.org/00j0j_l...iE_600x450.jpg
01 Ford Excursion 7.3 Diesel 4x4
Second one
More substantial investment in wheels and tires, bumper and winch but higher mileage and lower cost. Still $9k higher than KBB.
2001 Ford Excursion $18,500 or best offer - 100642676 | Custom Lifted Truck Classifieds | Lifted Truck Sales
And my Honda Pilot loaded up!
I have a growing family that for extended road trips and getaways we are bursting at the seams in our Honda Pilot. I regularly carry surfboards and bikes on it when we travel and space is becoming an issue.
I love the Pilot but crave more room for off road adventures. Baja, Mojave Road, Titus Canyon, Cali Lost coast, Moab etc etc....
This led me first to a sports mobile and then to a cummins 2500 and now to an Excursion.
I love the space and room of the X, and the simplicity of the diesel. That said, I have been sufficiently scared away from the 6.0L and am looking exclusively at the 7.3
What I can't seem to wrap my head around is the massive discrepancy between the the KBB is and what the sellers are expecting.
I understand that the KBB is often low, but I am seeing sellers asking double.
That said, I am looking at several X's and want opinions on what a fair market value is.
FWIW here is the KBB Kelley Blue Book
Here is the first one. Great looking truck, decent mileage and looks to be decent modifications. He is asking $19,500
http://images.craigslist.org/00j0j_l...iE_600x450.jpg
01 Ford Excursion 7.3 Diesel 4x4
Second one
More substantial investment in wheels and tires, bumper and winch but higher mileage and lower cost. Still $9k higher than KBB.
2001 Ford Excursion $18,500 or best offer - 100642676 | Custom Lifted Truck Classifieds | Lifted Truck Sales
And my Honda Pilot loaded up!
#2
Welcome to the site! Both of those Ex's look really nice, and personally I find myself pulled towards the grey one. Not sure if it is the long list of mods or that is is an Arizona truck, which most likely means rust free.
As for the KBB vrs owner pricing expectations, there are at least a few things to consider that KBB will not. That is the history of the rig, the modifications and maintenance done, and lastly the rarity/desirability factor of the truck.
I think that you will find the prices for these rigs "reasonable," but that does not mean that you should not go over them with a fine toothed comb, ask for records, run them for codes, and take it for a true test drive. Once all that has been done, then you may feel real good about the price, or have room and ammo to dicker down a bit.
Good luck on your Excursion adventure, and as for the 6.0's they can be a good platform, but trust me they are like a high-maintenance woman, great to have and be around, but they will suck your wallet dry every chance they get.
As for the KBB vrs owner pricing expectations, there are at least a few things to consider that KBB will not. That is the history of the rig, the modifications and maintenance done, and lastly the rarity/desirability factor of the truck.
I think that you will find the prices for these rigs "reasonable," but that does not mean that you should not go over them with a fine toothed comb, ask for records, run them for codes, and take it for a true test drive. Once all that has been done, then you may feel real good about the price, or have room and ammo to dicker down a bit.
Good luck on your Excursion adventure, and as for the 6.0's they can be a good platform, but trust me they are like a high-maintenance woman, great to have and be around, but they will suck your wallet dry every chance they get.
#3
#4
#5
I'm on my 3rd excursion, the first two i made thousands of dollars on when Sold/Totaled out. This is now a specialty truck that is no longer in production. Good condition, well cared for and non damaged units are becoming fewer and fewer every day. With that said people can ask crazy amounts of money for them because, well they can get it. I have seen some 7.3's priced crazy high and they sold very quickly.
All that said, there is a one owner 7.3 limited 4x4 for sale locally with 70k miles for $12,700...somebody is going to steal that soon!
All that said, there is a one owner 7.3 limited 4x4 for sale locally with 70k miles for $12,700...somebody is going to steal that soon!
#6
It all boils down to you are looking at a truck (the Ex) with an engine (7.3 diesel) which neither are being made any longer. People want that combo and the sellers can get what they want. I've only had my Ex a few months but it took me a while to find it. It's a 2002 Limited 4x4 with the 7.3. Had 286k miles and some issue when I bought it for $8700 and I thought I got a good deal. I could sell the 7.3 and part out the rest and make money on it. The 7.3 is widely sought after and is bringing a premium.
#7
Nice Excursions sell for a pretty penny. PSD powered nice X's go for even more
I could sell my 2002 V-10 powered for at least $15k in my market. She only has 83k miles. But then again I'm on an island
I feel your pain though. I spent years trying to buy a PSD X. Prices were always outrageous if/when I did find one
I could sell my 2002 V-10 powered for at least $15k in my market. She only has 83k miles. But then again I'm on an island
I feel your pain though. I spent years trying to buy a PSD X. Prices were always outrageous if/when I did find one
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#8
#9
yea I agree. I hate to be the one telling them that market isn't $20k for a 13 year old truck. I do understand how it is a desirable model, but I don't see the market supporting it. Yes, you can always find a more expensive one, heck there are two going for over $35k here in SoCal, but the vast majority are lower.
KBB for excellent is $11,200 and I can see $3500 for tires, DS, wheels and lift, but that is still only about $14,500. Not sure where the other $5k comes from.
I am better off buying a stock one for $9k and putting $3k into it.
I do like it though, looks clean, but the more recent pictures I have seen from the seller revealed what I figured. It is a 13 year old truck. It has dents, dings, scratches and wear and tear. Nothing outside the ordinary and nothing I wouldn't expect, but that drops it from the excellent category.
I am leaning more towards the $12,500 to $13,000.
Am I crazy?
KBB for excellent is $11,200 and I can see $3500 for tires, DS, wheels and lift, but that is still only about $14,500. Not sure where the other $5k comes from.
I am better off buying a stock one for $9k and putting $3k into it.
I do like it though, looks clean, but the more recent pictures I have seen from the seller revealed what I figured. It is a 13 year old truck. It has dents, dings, scratches and wear and tear. Nothing outside the ordinary and nothing I wouldn't expect, but that drops it from the excellent category.
I am leaning more towards the $12,500 to $13,000.
Am I crazy?
#10
and be patient the right one will show up. It took me 6 months looking in a 750 miles radius to find mine.
Last edited by Az_Ray; 07-03-2014 at 05:24 PM. Reason: More info
#11
yea I agree. I hate to be the one telling them that market isn't $20k for a 13 year old truck. I do understand how it is a desirable model, but I don't see the market supporting it. Yes, you can always find a more expensive one, heck there are two going for over $35k here in SoCal, but the vast majority are lower.
KBB for excellent is $11,200 and I can see $3500 for tires, DS, wheels and lift, but that is still only about $14,500. Not sure where the other $5k comes from.
I am better off buying a stock one for $9k and putting $3k into it.
I do like it though, looks clean, but the more recent pictures I have seen from the seller revealed what I figured. It is a 13 year old truck. It has dents, dings, scratches and wear and tear. Nothing outside the ordinary and nothing I wouldn't expect, but that drops it from the excellent category.
I am leaning more towards the $12,500 to $13,000.
Am I crazy?
KBB for excellent is $11,200 and I can see $3500 for tires, DS, wheels and lift, but that is still only about $14,500. Not sure where the other $5k comes from.
I am better off buying a stock one for $9k and putting $3k into it.
I do like it though, looks clean, but the more recent pictures I have seen from the seller revealed what I figured. It is a 13 year old truck. It has dents, dings, scratches and wear and tear. Nothing outside the ordinary and nothing I wouldn't expect, but that drops it from the excellent category.
I am leaning more towards the $12,500 to $13,000.
Am I crazy?
Shoot a good all spring lift can be about 4k all on its own after install, unless you are doing it all yourself. Then add wheels and tires, another 1,500 to 2k, and you are already over the 5k mark. that is not including all the other things that may have been upgraded or replaced.
I do believe there is room to negotiate, but unless there is just something you cannot live with and just have to change, everything has already been done for you.
I would take a long hard look at records for the "upgrades" make sure everything has been done right, and then see about just how much you want to try and knock them down. Who knows, maybe I am the one who is crazy
Good luck!
#13
So this one has close to 200k and looks like it did quite a bit of towing. Price is better. What are opinions?
http://www.securedcarbrokers.com/200...9/Details.aspx
http://www.securedcarbrokers.com/200...9/Details.aspx
#14
#15
Welcome to FTE!
It is amazing that a similar gasser will go for 1/2 or less the cost of a 7.3. I love the departure angle on the Honda with those bikes, still room for one more! I like the looks of these:
2002 Ford Excursion 7.3l Diesel, 4x4, Auto, Eddie Bauer Edition
http://ventura.craigslist.org/cto/4538260961.html
Being in So Cal, you need to join us California, Southern Chapter - Ford Truck Enthusiasts Forums.
It is amazing that a similar gasser will go for 1/2 or less the cost of a 7.3. I love the departure angle on the Honda with those bikes, still room for one more! I like the looks of these:
2002 Ford Excursion 7.3l Diesel, 4x4, Auto, Eddie Bauer Edition
http://ventura.craigslist.org/cto/4538260961.html
Being in So Cal, you need to join us California, Southern Chapter - Ford Truck Enthusiasts Forums.