This whole "it's worth whatever a buyer is willing to pay for it" is just a bunch of horse pucky. As is "post it and then keep lowering it till it sells". These are strategies for people who must sell something, need to sell something or have to sell something. These are not smart strategies for items that are no longer being manufactured or which have other value.

Speaking as someone who deals with many one of a kind or rare items I will tell you that "what a buyer is willing to pay" is "what you are asking for it" maybe you'll have to wait for a buyer, but so what? If you're in no hurry to sell it then who cares?

I have been laughed at many times and I should say many many many many you know what I am just gonna say I have been laughed at so many times I can't even count them, where people have said "You'll never get that price" "you're nuts" etc., etc., ad infinitum, and yet my items routinely sell for +/- 10% of what I wanted for them, and for more than my competition seems to manage getting. The reason, it's very simple, I am not some desperate idiot that has to sell something to pay his light bill, and if you don't like my price I won't lose a moments sleep over you as you're welcome to go elsewhere and bother someone else. I sell the highest quality, hardest to find items, and that's my price, that's just how it is.

Now, not to get off topic, OP, you're truck is a two wheel drive, and because of that too me I can't put a number on it beyond $10k. I don't say that to offend you, but here where I am from if it isn't a 4x4 X no one will buy it.

VaSherrif, Stop saying "you can't get $12995 for your truck". Post the truck and leave it up there and I guarantee you someone will buy it. It's the right truck at the right price. I personally have a 2002 with 68k on it and if not for that truck I would seriously consider yours. The only reason you haven't sold it is because you aren't actively selling it, and in the interim you're making us all feel like you have the wrong price when you don't.

 

In a new thread started today......


In this thread......

I just don't get it. In a thread you started today, you want people's opinions on an old worn out Excursion. Yet sight unseen in this thread, you're a self proclaimed expert on the value of my low mileage Excursion. What gives with you? Some of us had this discussion in a thread about a week ago, people like you are what is destroying the value of Excursions with the remarks made in this threads.

Furthermore, in no reply have I accused you of attempting of low ball me. I have been speaking in general terms about several offers that have been laid on my plate. Have you made me an offer? No.

Now since I used the term "old worn out Excursion" above, let me define this before I hurt any feelings for those who take meticulous care of their vehicles (there are a few here with 250,000 and 350,000 miles on their Excursions)....... driver's seat looks like cattle have been grazing on it for 5 years. Steering wheel looks just as bad. The carpet looks like Starbucks used to run a outlet in the Excursion. Will be lucky to see 20,000 more miles before an expensive transmission repair or replacment is needed. You can't see if there's any oil leaks because the entire engine and suspension are covered in oil already. Funny noises coming from every corner of the Excursion, don't know if it's ball joints or bad shocks. Every time you fix one thing, it's exactly 3 hours and 17 minutes before something else breaks or goes bad.

And as some of us discussed in the other thread about a week ago, I can't understand people who spend $5,000 to $6,000 to bring a $8,000 Excursion with 156,000 miles on it up to the level of a much lower mileage Excursion with 50,000 to 60,000 miles on it that they can buy for $13,000 or $14,000 in the first place. It makes no sense to me whatsover. I truly wish somebody could explain this phenomenon to me.

 

Ok guys time to redirect.....

 

This is a very simple thing to explain. People have champagne taste on their beer budgets. They really want an X but don't want to pay for an X. So they get a less expensive one to get in the door, and then they pay the real price as it goes along to get to the X they really wanted when they started. But they laid out less to start and got to make payments so they feel ok.

 

Well said. I under no circumstances could agree more.

Again, I agree 100%+. I should have made it more clear from the beginning that I am not actively soliciting offers. I have one guy inquiring by Private Message now, but I have no idea what gear ratio to tell him I have. Does 3.73 sound correct? I don't think I have 4.30.

 

Nah. We're moving on to sensible discussions now.

 

Go here-

FordEtis home page

Enter your Vin and it will tell you

 

I have always understood this to be one explanation. But it's the year 2013 shortly. I can't imagine many people in 2013 who can afford to fuel an Excursion fuel guzzling beast not being able to borrow and finance $13,000 to $14,000 in the first place. Does this make sense? If all I can afford tomorrow in buying a vehicle is $6,000 to $7,000, I'm not going to buy a car getting such poor fuel mileage. Where is my logic flawed?

 

You have to remember back to when you were young and wanted something. You went out and bought it, whether practical, or affordable, then not shortly after you regretted it. I'm sure some young Corvette owners could help us understand here. Yah they had three kids and that Vette was useless but they wanted it. Same for some Harley guys I'm sure who could help us. But in X cases I found an even deeper issue, that is these guys have like 4 or 5 kids, they really want an X could use an X but just can't spend all that cash at once. They see some X's at $5-6K other at $10-$15k they really don't get the differences, v8, v10, 5.4, 6.8, 6.0, 7.3, so they just lump them all together and figure they can get an X at $5 or $6k and that is what happens. They get one, then they find out what they should have known, and now they have to pay it the rest of the way. But they have an X so they are happy. I mean really, can you have an X and be unhappy??? LOLOLOL

 

I'll have to say this thread makes me feel....smart? I bought my '02 Limited in Jan '07 with 78K on it for $14.6K Did I get a good deal? 7.3's at the time were going for 10K more.
I've got (should I say my wife has) 164K on it now. What's it worth? Priceless. It's paid for, well maintained as mentioned above. Sure it sucks gas(~14.5HWY isn't exactly bad), but looks good, rides well(?), and runs fine. WTH do I replace it with? When not towing I'd rather travel in my Towncar, but I would be riding alone. Go figure.
You going to offer me $6K? Might be about right, but then I have to add one hellofalot more to get "something" else.
If it's worth buying, it's worth the money. A POS isn't.

 

Yeah, true. I suppose that's about as close to the truth as we can get.

And it's what actually makes this a learning thread to the new guys on the block as well!

 

What phenomenom is that Sheriff? That you are a hyporcite? Go search your old threads and find that for someone who isnt actively selling their Ex... I found a for sale ad YOU posted when you wanted $16.5k.... you couldnt get that... and you havent been able to get the $12,995 you want now... frankly, you just proved my point... keep dropping that price until you find interest..

Funny, you hammer me for being an expert but the very person who defended you, XbigXredX, valued the OP's Ex even lower than I did... so please tell us Mr. Expert Excursion evaluator... what is the OP's rig worth?? Surely since you cant sell yours... you must be an expert... so tell me what I should be paying?

Its very funny to me that someone critisizes me for asking questions on a forum and then throws it back in my face.. I thought this is what forums were for to gain knowledge... maybe the knowledge I gain is Sheriff explaining to me why I should buy his Ex for sale that no one else has been interested in for that price..

 

Stop playing silly. I asked $16,500 over 18 months ago. I was offered $15,000 at the time, a nice round number from a new member here in the forums. At that time I wouldn't have sold it for a penny less than $16,500, and didn't. It was a low ball figure at the time, in my opinion. Just like today, 18 months later, I will not sell it for a penny less than $12,995.

When I get real serious about selling it, I will list it in various places like autotrader, eBaY, etc.... If I don't get serious about selling it and don't want to drive it, I still have 8 other vehicles sitting around to drive. The Excursion is abolutely terrible in ice and snow anyway, when compared to my new Z71 4X4 Tahoe and my Ford Explorer 4X4.

 

I am a recent buyer of a 2005 6.0 that replaced my wrecked 2003 7.3. My 7.3 had 160K on the clock and insurance gave me $15K or so. More than I thought but less than I had in it and I took very good care of it. It would have been a gem for anyone if I would have sold it. At the current market prices for 7.3s I would have done pretty well. Now a few years ago It got hit with big hail and had 10K worth of work done, new roof etc. Insurance valued it at $14K then so it actually increased in value while having higher milage.

When I was recently shopping for a 6.0, I was surprised by the prices being asked for all diesel excursions and found that the gassers were going pretty cheap, great shape, low miles and all. I bought my 6.0 pretty well bullet proofed with 158K for $14,500. Bought it in TX, I'm in Illinois. I was in kind of a hurry so I couldn't wait a year to find the "perfect" Ex. I think I did pretty well considering the market. Of course I must thank a few members here for a bunch of help, I was a 7.3 guy and the 6.0 was a new animal for me. Anyway, I've put thousands more in it doing mods, replacing parts that it may not need now but will in time.

I quickly learned the current market for what I was looking for. It wasn't about what I wanted to pay but what the market would have me pay. I looked at one similar to the one I bought but it was trashed, bad. It was bulletproofed but they were asking $24,500 for a POS! They called some time later and said the had a buyer at $19K but they would offer it to me first since I was "interested" first. They had no other buyer and I told them what I paid for mine, I bet they still have it! I probably looked at about every Ex for sale in the country so I got a pretty good feel for what was out there in all areas of the country. It's sad to say, but it's more what it's worth to the buyer than what it's worth to the seller.

I saw the average price for a 6.0 with under 100K at $19-$24K roughly. Were all the asking prices realistic? NO.. but the good ones may have sold at a premium because they were in demand. That's why I was willing to put several thousand more in the one I bought, I bought it right and was expecting to pay more. I knew I would need to do some things to it and took that into consideration. I don't know if much of that helps this conversation, just my buying experience.

I do work for an RV dealer friend of mine, marketing, photography online sales etc and I deal with people every day that are upside down in their loans and want to trade. Say they paid $30K (usually overpaid) for an RV a couple of years ago and they owe $20K now they want to trade. They perceive the value at $20K or more when it's real wholesale trade value may be $15K or less. "It's only been used a few times" they say, "it's like new". Doesn't matter what they paid, what they owe even in new condition it's what it's worth to another buyer right now. Buyers often quote "book" value. I can tell you that doesn't mean much anymore. It's all about the market.

Supply and demand, the fundamentals of our economic system cause us to pay what we pay for out products, whatever they are. I want a deal on everything I buy so I look for the best deal. I mean no offense if the market says a vehicle is worth $15K and I want to get it for that or better. Even if it should be worth much more and probably is. Sellers want the most they can get, buyers want to spend as little as they can. Somewhere in the middle they meet and that's the market. Of course there are many factors involved, competing brands, features, availability and so on.

I could have sold my old 7.3 for more than I got from the insurance company but too bad for me. At a different point in time, I may have gotten a better deal on my current vehicle, too bad. On the other hand, I could have gotten less for my old and paid more for my new at another time, good for me.

When I bought, the only sellers I got irritated with were they guys that were asking completely unrealistic prices for garbage. Too bad for them because they didn't sell. The guys that had great vehicles and were asking top dollar, I couldn't blame them. If they are in demand they will sell. I wasn't going to lowball any good Excursion price, I respect what they are and what they are. Let's face it, Excursions are aging and becoming fewer and fewer so eventually the great low mile trucks will sell at a premium. Most of us here take care of ours and realize the value. We'll keep them as long as we can. There is no replacement, especially for a diesel Excursion.

I saw all kinds. I could have bought a "perfect" EX for more money but as I said, I was in a hurry and like most of us, I like to make it my own. The previous owner put $9K in it doing the "bulletproofing". That was the most important to me with the 6.0. It was well taken care of too. Well, the paint isn't the best, it's a TX truck that drove gravel roads but no rust! I spent the extra money on suspension, tires and the mods I wanted to complete it and make it mine. I'm happy and so was the seller. He sold it to me for more than he would have gotten as a trade-in.

I have all the respect in the world for everyone here, I think we all appreciate and value our vehicles more than most or we wouldn't be here. The problem is many buyers don't appreciate the value or the hard work we put into them.

Please, nothing I've said is a shot at anyone here or any previous comments. Just brought up my recent buying experience and I started rambling, I tend to do that! The Ex is the best... with a little tweaking of course!

Steve

 

Nick, I need you to ease up on the chest-thumping, aggressive-posture manner of posting you're taking. You can communicate your point, and even be blunt in the way you do so, without appearing to pick a fight.

Nobody accused you of being a noob trying to lowball any forum members. You misread that somehow, so ease up a tad, ok?

Nobody has criticized you for anything. And yes, this forum is here to help people gain knowledge. And while there is still knowledge to be had (even though the thread has taken on an aggressive tone), like you stated, it is partly your fault it's gone sideways. So please tone it down, take a deep breath, and be less offended at perceived (but non-existent) offenses.

Thanks.

Stewart