Newbie needing help with purchase
#1
Newbie needing help with purchase
All right, like many here I've creeped these boards for a few months and learned a wealth of information about the Excursion to aid me in shopping for one. Long story short, I've wanted one since I was a kid and now have some extra funds saved up from overtime to buy one! In the past 2 months, I've looked at over 20 in this area (Northern VA) and finally put a deposit down on one last night and plan on picking her up tomorrow night.
She's a 2003 Limited 4x4 7.3L with 245k miles. Engine fires up, no smoke, minimal amount of oil around the oil pan and what looks to be the original transmission which I understand will have to be re-built inevitability. Looks like it towed quite a bit as it does have a trailer brake. Maintenance seems to have been decent, all though no records from 222k-245k.
Problems: Undercarriage rust, DS rear door rocker panel eating through, no air coming through front vents (vacuum issue?), all 4 tires are cupped (shocks are rusting and quite old).
Because of these issues I was able to talk him down to $11,000 which looking at a lot of 2003 7.3L's seems fair. I understand the work that it will need, and have some time coming up to do some rust stoppage (wire wheel, POR15, etc).
So i guess what I'm asking is: Am I biting off more than I can chew?
I hope to become active on these boards once I finally grab one, thanks in advance for the help!
She's a 2003 Limited 4x4 7.3L with 245k miles. Engine fires up, no smoke, minimal amount of oil around the oil pan and what looks to be the original transmission which I understand will have to be re-built inevitability. Looks like it towed quite a bit as it does have a trailer brake. Maintenance seems to have been decent, all though no records from 222k-245k.
Problems: Undercarriage rust, DS rear door rocker panel eating through, no air coming through front vents (vacuum issue?), all 4 tires are cupped (shocks are rusting and quite old).
Because of these issues I was able to talk him down to $11,000 which looking at a lot of 2003 7.3L's seems fair. I understand the work that it will need, and have some time coming up to do some rust stoppage (wire wheel, POR15, etc).
So i guess what I'm asking is: Am I biting off more than I can chew?
I hope to become active on these boards once I finally grab one, thanks in advance for the help!
#2
It looks like a nice one, welcome aboard.
Rust though is your enemy. You will spend quite a bit of time and money to get that fixed. It all depends on your pain preference.
As to the cupping on all 4 tires, shocks are needed most likely. Also check the balljoints and front suspension. You should take it to a shop where they can inspect it, plus you get to look at it on a lift. Cheapest 100-200 you will EVER spend.
PS: Did you run a car fax on it as well to make sure it was not in any major accidents or mileage problems?
Rust though is your enemy. You will spend quite a bit of time and money to get that fixed. It all depends on your pain preference.
As to the cupping on all 4 tires, shocks are needed most likely. Also check the balljoints and front suspension. You should take it to a shop where they can inspect it, plus you get to look at it on a lift. Cheapest 100-200 you will EVER spend.
PS: Did you run a car fax on it as well to make sure it was not in any major accidents or mileage problems?
#3
Thanks for the reply! The Carfax showed consistent mileage and that it had a service contract up until 100k with a local Ford dealership. It was also taken care of at the same dealer up until 222k. There was minor damage reported (back in 2003) to the front DS side which I had looked at and a fender/headlight was replaced which looks like they may have swung too wide pulling in somewhere and whacked something, no other visible damage or frame issues.
The Diesel shop I trust and know (unfortunately is 120 miles away) Skyped me and gave me a list of things to look at without them actually inspecting it and stated worst-case-scenario you will need an oil pan, transmission re-build and injectors down the road, as they are common with the 7.3L. Ball joints, shocks and tires ASAP. It won't be my DD, so she can sit while I save up for when it happens I guess!
The Diesel shop I trust and know (unfortunately is 120 miles away) Skyped me and gave me a list of things to look at without them actually inspecting it and stated worst-case-scenario you will need an oil pan, transmission re-build and injectors down the road, as they are common with the 7.3L. Ball joints, shocks and tires ASAP. It won't be my DD, so she can sit while I save up for when it happens I guess!
#4
#5
Check my build thread on my 2002 to see what it takes to fix the rust in the dogleg/lower rocker panel areas. It could be tough/expensive if you don't do it yourself. Honestly even if the truck runs mint with no issues, I would try to knock the price down considerably due to the rot.
I guess we are spoiled here with original Fl vehicles.
As another thought, why not buy on in Fl or Texas? Run a CF first before you go look at it and see where it lived and was serviced..
I would think with those miles and the rust, less than 10K for sure. POR will not fix what that EX has. You will be replaced steel, welding, filling, scraping, painting. My guess to fix it right would be 4-6K.
#6
#7
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#8
I agree, rust is the worst thing to work on. It would be better for you to buy a gasser with a mint body than to buy a rusted diesel.
I guess we are spoiled here with original Fl vehicles.
As another thought, why not buy on in Fl or Texas? Run a CF first before you go look at it and see where it lived and was serviced..
I would think with those miles and the rust, less than 10K for sure. POR will not fix what that EX has. You will be replaced steel, welding, filling, scraping, painting. My guess to fix it right would be 4-6K.
I guess we are spoiled here with original Fl vehicles.
As another thought, why not buy on in Fl or Texas? Run a CF first before you go look at it and see where it lived and was serviced..
I would think with those miles and the rust, less than 10K for sure. POR will not fix what that EX has. You will be replaced steel, welding, filling, scraping, painting. My guess to fix it right would be 4-6K.
#10
I looked at one locally from Mass, opened the door and rust fell out. Did not bother with the carfax at that point. Fortunately did not have to drive far to look at it.
Before you come, look them up on CF first, cheaper than driving or flying. There are a lot of clean excursions here with diesels.
#11
I agree, rust is the worst thing to work on. It would be better for you to buy a gasser with a mint body than to buy a rusted diesel.
I guess we are spoiled here with original Fl vehicles.
As another thought, why not buy on in Fl or Texas? Run a CF first before you go look at it and see where it lived and was serviced..
I would think with those miles and the rust, less than 10K for sure. POR will not fix what that EX has. You will be replaced steel, welding, filling, scraping, painting. My guess to fix it right would be 4-6K.
I guess we are spoiled here with original Fl vehicles.
As another thought, why not buy on in Fl or Texas? Run a CF first before you go look at it and see where it lived and was serviced..
I would think with those miles and the rust, less than 10K for sure. POR will not fix what that EX has. You will be replaced steel, welding, filling, scraping, painting. My guess to fix it right would be 4-6K.
#12
I totally agree, as I'm fighting the same costly battle. If you have any potential regrets that you believe you will have, move on to the next one. As rusted as it is, you have alot of rusted bolts that can turn into a nightmare just for the simplest things and most likely, everything you touch, needs to be replaced. I thought the same way as you, but i got a great deal on mine and had decided I would get rid of the rust on the front by doing a front end conversion, as I needed to buy new anyways. Don't let it turn into a money pit and nothing feels better than driving a rust FREE bucket
#13
I would hate to see you throw money away. Like some of the others have said you need to look out side of the rust belt. There is alot of 7.3 out there for the same money or less that will not have the rust issuses that that one has. If you have facebook look in the marketplace. There is one about 15 miles from me for $8500.(im just outside of Memphis) i was going to look at it for my wife but she decided that she wanted an expedition. So we went up to Nashville yesterday And got her the truck she wanted.
Last edited by 03psd73; 11-29-2017 at 08:40 PM. Reason: added content