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Did I get a good deal?

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Old 04-06-2010, 09:49 AM
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Did I get a good deal?

Hi guys, new member, so go easy. I come from a short career as a diesel engineer with John Deere, so I know my way around diesels (though I'm glad I don't own a Deere ). Oddly enough, this is my first time owning a diesel. Anyway, finalizing a purchase right now, here are the specifics:

-2000 7.3L 4WD Excursion Limited, the nice red and brown color in good shape.
-160k on the ticker
-New tires, brakes, recent flushes/changes on all major fluids (coolant, oil, trans, diffs, etc.)
-Fuel filters done every 10k, fuel additives used to keep things clean, oil changes every 4-5k, recent vacuum pump and glow plug maintenance
-Interior in good shape, has the backup sensors and tow package as well as the factory cd changer, all functional
-Issues: needs hood struts (cheap), rear window lock fixed (cheap) and eventually an outer front passenger axle shaft seal (hopefully not too pricey)

We came to terms at $12k. It's a couple grand over KBB, but the 7.3L is to blame for that and I'm ok with it. I won't be towing much (the occasional Moab trip), it'll be mostly used for hauling a pair of giant dogs to and from Idaho. The mpg of the diesel and the space swayed us, plus I feel better buying American.

Any thoughts? I ran the reports, everything looks good, and the test drive and inspection (by me) showed that it's in solid shape. Thanks,

Geoff
 
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Old 04-06-2010, 10:13 AM
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I think you did good, i would not sell my 2000 in sig (@ 182,000) for less than 15k IF it was for sale!
So why are you glad not to own a Deere?

Congrates on the new X!
 
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Old 04-06-2010, 10:29 AM
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I was just in the market & that same truck was going for 3-4K more in the east coast of the US, so you did not do bad at all.
 
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Old 04-06-2010, 10:40 AM
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I don't believe that you would be the proud father of your X if you thought you didn't get a good deal. Congrats and welcome to the family
 
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Old 04-06-2010, 11:04 AM
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Originally Posted by jdw1
I think you did good, i would not sell my 2000 in sig (@ 182,000) for less than 15k IF it was for sale!
So why are you glad not to own a Deere?

Congrates on the new X!
Good to hear, it should be a fun vehicle. As for the Deere, they're not all bad, I'm just all too familiar with their engines and their problems. I think there's a reason Deere engines go in tractors and International and Cummins engines go in trucks.
 
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Old 04-06-2010, 11:36 AM
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You did good. I have looked for months and just bought an 01 Limited 4X4 7.3 with 143,000 for $12,000. Have had offers from strangers to buy it. In my research, An X in the same condition is going for $17,000 all day long on CARS.com. The 7.3 really jacks the price up. Mine has new tires and I just changed the water pump. Next is suspension. I also bought a used Superchip from a neighbor and on the perf tow tune, I am getting a consistent 16 mpg versus 14 mpg without it. I am just taking it real easy as mine still has the factory tranny.
 
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Old 04-06-2010, 12:09 PM
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Originally Posted by hyperboarder
Good to hear, it should be a fun vehicle. As for the Deere, they're not all bad, I'm just all too familiar with their engines and their problems. I think there's a reason Deere engines go in tractors and International and Cummins engines go in trucks.
Oh boy, Ill grab the popcorn & the lawn chair
 
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Old 04-06-2010, 12:13 PM
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Lol, not saying they're good, just saying they're more suited to an automotive application.
 
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Old 04-06-2010, 12:19 PM
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just bought an o3 limited perfect condition all leather 160k 6.0 motor $13,100 so close in pricing
 
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Old 04-06-2010, 12:24 PM
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Originally Posted by hyperboarder
Lol, not saying they're good, just saying they're more suited to an automotive application.
haha I know just busting you, Dodge uses the cummins too & there are alot of anti-dodge people here, I understood what what you were referring though.
Good luck with your truck, its definitely worth more
 
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Old 04-06-2010, 03:29 PM
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Now here's the million dollar question. If I could theoretically get an 04 6.0L that's similarly equipped with 25k less miles for the same price, should I? Or should I stick with the 7.3L?
 
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Old 04-06-2010, 03:55 PM
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If it was me I would stick with the 7.3. It has proven reliability and mods if you so desire and does not suffer from the EGR issues or potential head gasket issues. The 12k seems like a great deal to me as well - they were going for much higher than that near me in the VA, NC, SC area.
 
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Old 04-06-2010, 03:59 PM
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I'm leaning towards that too, but I like the auto climate and a couple other goodies on the 04, it's the EB. Oh well, pretty sure I can't get out of the sale now, so I'll stick with the 7.3L. On the topic, if anyone in CO is looking for a good deal on a 6.0L, I know a guy .
 
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Old 04-06-2010, 04:04 PM
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Great deal!! Welcome to FTE
 
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Old 04-06-2010, 04:11 PM
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I love my 6.0. Seems if you cleared 75k you were good forever.

A good deal is a deal that was worth it to you. If the truck is worth 12k or more to you, then you got a good deal. That's about what I paid for my 04 6.0 with 170k on it during the spike of diesel fuel @ $5/gal and they couldn't sell a diesel to save their lives. And I drove 150 miles to get it.
 


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