Fair price?
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Senior User
Joined: May 2003
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From: Frederick MD & missing AK
Fair price?
I located a 2002 Limited 7.3L 4x4 this weekend at a local car lot. It is white, factory stock with no apparent mods, past or present. Paint is good, with a couple small chips, and one dent in the bumper. New tires. Otherwise it is a 9 out of 10 for condition. It has 69xxx miles.
I first found it online at a Virginia Ford dealership; and the online price tag was $24k.
The local place bought it from the Ford store, and put a $29K price on it.
Both of those prices seem rediculous to me. I know these trucks bring a big premium, but that is close to what it cost brand new on the showroom floor. NADA says the truck's retail value for this area is around $17k.
Does $29k seem like a fair price to you. I didnt get really serious with the sales guy, but he indicated they would not come down more than a couple hundred bucks.
I first found it online at a Virginia Ford dealership; and the online price tag was $24k.
The local place bought it from the Ford store, and put a $29K price on it.
Both of those prices seem rediculous to me. I know these trucks bring a big premium, but that is close to what it cost brand new on the showroom floor. NADA says the truck's retail value for this area is around $17k.
Does $29k seem like a fair price to you. I didnt get really serious with the sales guy, but he indicated they would not come down more than a couple hundred bucks.
Posting Guru
Joined: Dec 2012
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From: SW Florida
For some reason, low mileage 7.3's fetch ridiculous prices. Oddly though.....at least around here, they sell.
I don't get it....nor would I pay it.
There was a 2003 7.3 five minutes from me for $14k....a week later it was in Texas and later sold for $22k
I don't get it....nor would I pay it.
There was a 2003 7.3 five minutes from me for $14k....a week later it was in Texas and later sold for $22k
Posting Guru
Joined: Nov 2013
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From: Rothesay, New Brunswick
Brand new 7.3 limited ex's were only 30k in 2002?? The V10 Eddie Bauers up here in 2003 were like 60k with taxes in at the stealerships...
70k miles is nothing on a 7.3 when you look at some of the other user's mileage. However, it is a used 12 year old vehicle, so many people would probably have an issue putting 29k into such an old vehicle. I know that when my 6.0 was bought and shipped here it was 32k taxes in (not including shipping) 4 years ago from Texas. I of course bought it for a much lower price this year, but when bought it was a 2004 with 20k miles on it in brand new condition, so I guess you pay haveta pay to get what you want?
70k miles is nothing on a 7.3 when you look at some of the other user's mileage. However, it is a used 12 year old vehicle, so many people would probably have an issue putting 29k into such an old vehicle. I know that when my 6.0 was bought and shipped here it was 32k taxes in (not including shipping) 4 years ago from Texas. I of course bought it for a much lower price this year, but when bought it was a 2004 with 20k miles on it in brand new condition, so I guess you pay haveta pay to get what you want?
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Senior User
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From: Frederick MD & missing AK
Brand new 7.3 limited ex's were only 30k in 2002?? The V10 Eddie Bauers up here in 2003 were like 60k with taxes in at the stealerships...
70k miles is nothing on a 7.3 when you look at some of the other user's mileage. However, it is a used 12 year old vehicle, so many people would probably have an issue putting 29k into such an old vehicle. I know that when my 6.0 was bought and shipped here it was 32k taxes in (not including shipping) 4 years ago from Texas. I of course bought it for a much lower price this year, but when bought it was a 2004 with 20k miles on it in brand new condition, so I guess you pay haveta pay to get what you want?
70k miles is nothing on a 7.3 when you look at some of the other user's mileage. However, it is a used 12 year old vehicle, so many people would probably have an issue putting 29k into such an old vehicle. I know that when my 6.0 was bought and shipped here it was 32k taxes in (not including shipping) 4 years ago from Texas. I of course bought it for a much lower price this year, but when bought it was a 2004 with 20k miles on it in brand new condition, so I guess you pay haveta pay to get what you want?
Senior User
Joined: Jan 2014
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From: Thousand Oaks, CA
They aren't cheap!
I looked all over my local area (So. Cal) for a decent 7.3 Ex. Anything less than about $17000 was junked with at least 175000 miles. A dealer had one with about 80K miles but wanted $28000!!! When I questioned him about why he was asking more than $10,000 over book, he got all pissy and made sure I knew he didn't need my business. I finally found one in Utah for $13800 and drove it home. Good luck with your search!
Curt
Curt
MMNC (SS)(Ret)
Joined: Mar 2004
Posts: 11,602
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From: SE Georgia
it's worth a solid $20-25k due to a ridiculous inflation people have given the 7.3 PSD over the 6.0
I'd look for a nice 6.0 down in Texas. You'll pay $10-15k less and have the exact same vehicle (well except motor/trans)
I don't get it either with the 7.3 prices
best of luck to whoever buys those with reguards to getting financing.
I'd look for a nice 6.0 down in Texas. You'll pay $10-15k less and have the exact same vehicle (well except motor/trans)
I don't get it either with the 7.3 prices
best of luck to whoever buys those with reguards to getting financing.
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From: Greensboro, NC
I wouldn't take $25K for my 2000 7.3 4x4 with 123K miles but then again it is not stock, has never let me down, and the family loves its size and comfort on road trips.
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From: Blue Hill Township
Sent from my Telegraph using IB AutoGroup
Posting Guru
Joined: Nov 2013
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From: Rothesay, New Brunswick
I was 8 in 2002 so wasn't really paying attention to truck prices at the time 
Sorry for the confusion, goodluck finding the right truck for you!
Lead Driver
Joined: Jul 2013
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From: In the field...
What he said.
Also climate control and probably adjustable pedals.
And I have the 7.3... no room for hate.
Logistics Pro
Joined: Jan 2007
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From: Martinsburg, WV
heh.. I paid 9500 for my 02 V10 with 60k last year... I don't care how low the miles are, sitting around can be just as bad for a vehicle, especially since less maintenance is usually done as most owners think that mileage determines service...