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I had the 6.0 in my "nice" truck blow up, more than once. It's been parked for the last 6 months waiting for a new engine. While I'm waiting I bought an 04 F350 diesel ex fleet truck for $3500. The bed is beat up and it is a base model but otherwise it is a great truck, I can't find anything wrong with it. Gets 20mpg on the highway. I bet it will do anything your 2012 would do.
A $60,00 truck is a luxury item, not a requirement for anything. If you can't afford it then you can't afford it.
As of yesterday, Ford has just informed me that my problem is not their problem. The engine and a turbo on my 2012 Ford F-350 Super Duty went south at 114,000 miles; 14,000 miles north of the warranty. The cost of repairs from the dealership is about $20,000...
I'd like to research this and see what I can do to help, MitchS19. If you have PM privileges, send me a private message with your full name, best daytime phone number, VIN, current mileage, and servicing dealership. If you don't have the ability to PM, you can give my colleagues at the Customer Relationship Center a call at 1-800-392-3673. They have the same ability to assist that I do.
I would personally take your truck to an independent shop and have a used engine put in. Like others have said, this would be well below $10,000.
Fix it as cheaply as possible and sell it. Then buy an older truck. It's so much more important that you keep the business running than have a nice Super Duty, even if you tow a lot.
Either way, I hope it works out for you! Keep us posted.
This is the banker in me coming out but you could always see what type of value your trucks holds you can go to NADA.com and run an exact value on it. If it is worth more than what you owe and has decent positive equity you could see if the financial institution that you have the loan through can give the difference in funds to make the repairs. It will increase your loan but it will help you get the repairs done on your truck. An idea. Good Luck!
Have a serious conversation with your vehicle insurance coverage company, you might be covered there.
We always purchase the extended factory warranty on our work trucks and I always advise it to anyone who'll listen.
As stated above, using a consumer grade product to run 50-100,000 miles/year is just not as simple as we'd like to think. For a 60,000 dollar truck combined with whatever your gross revenue is from your business, you are staring close to a $200,000 truck. It's not just the value of the truck, it's also the revenue it produces for you and that much money needs to be insured.
If it's truly dire straits, get a Visa card and buy a used motor. You cannot stop cash flow even if it's running at a loss for a year.
You can overcome this. I'm sure you are angry at ford, but it's true of any Diesel engine since 2008. Manufacturers are truly struggling to comply with federal emissions mandates and it has taken time to work through the engineering. Whoever made those exhaust valves learned a hard lesson.
Rezvani's Latest Post-Apocalyptic Monster Is a Ford F-150 Raptor Underneath
Slideshow: Called the Fortress, the 850-horsepower pickup combines Raptor underpinnings with military-inspired features, survival equipment, and a starting price of $285,000.