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2015 F150 XLT with very high milage question

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Old 09-30-2018, 08:21 AM
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2015 F150 XLT with very high milage question

I am looking at trading my 1998 Ranger in on a 2015 F150 XLT 4x4 Supercrew with the 5.0 Coyote engine, new tires and chrome package. They are asking $19,550 which is in line with KBB for a truck with this many miles.. They truck is at or about 4 years old but has 146,200 miles on it. The dealer stated that it is all highway miles. Overall the truck is in great shape, just needs a in depth cleaning inside and out. Is there anything I should be worried about, Anything to look for?. Will this amount of miles be a problem going down the road? Are there any longevity issues with this drivetrain I should be worried about. I am interested in this truck as it is the same ruby red and engine as my 2016 Mustang GT and trying to find one in this combination is almost non-existant.

TIA
 
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Old 09-30-2018, 11:13 AM
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The old Coyote 5.0/6 speed auto is a very solid combo. I think high mileage used vehicles are a great buy if it’s for a second or third vehicle that won’t see a lot of use.
 
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Old 09-30-2018, 11:38 AM
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I’d ask for the service records. If it was maintained per the manual, it’s probably good to go. I’m sure some high mileage drivers push servicing their trucks past the limits to save money. But to get that far, one hopes the previous owner did things right.
 
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Old 09-30-2018, 11:43 AM
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Originally Posted by ArmamentDawg
I am looking at trading my 1998 Ranger in on a 2015 F150 XLT 4x4 Supercrew with the 5.0 Coyote engine, new tires and chrome package. They are asking $19,550 which is in line with KBB for a truck with this many miles.. They truck is at or about 4 years old but has 146,200 miles on it. The dealer stated that it is all highway miles. Overall the truck is in great shape, just needs a in depth cleaning inside and out. Is there anything I should be worried about, Anything to look for?. Will this amount of miles be a problem going down the road? Are there any longevity issues with this drivetrain I should be worried about. I am interested in this truck as it is the same ruby red and engine as my 2016 Mustang GT and trying to find one in this combination is almost non-existant.

TIA
At the very least and before making the purchase, you should ask the dealer if you can have the vehicle inspected by a mechanic or technician outside of this dealership of your choice and ask if they`ll deduct said cost from the asking price or maybe even half the cost of the inspection. If they decline to take the cost off and the inspection turns out well, you`ll still be confident and have the knowledge of the inspection. Also, I know this doesn`t always tell the story but you should also pull a CarFax report.

Have a great day.
 
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Old 09-30-2018, 11:59 AM
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The 5.0/6speed is a pretty robust drivetrain and if maintained shouldn't be a problem. As others have said I would push for maintenance and repair records and do a carfax. Ignore the dealers claim about mostly highway miles. He has no way of knowing this.
 
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Old 09-30-2018, 12:02 PM
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Originally Posted by jr105
The 5.0/6speed is a pretty robust drivetrain and if maintained shouldn't be a problem. As others have said I would push for maintenance and repair records and do a carfax. Ignore the dealers claim about mostly highway miles. He has no way of knowing this.
+1. If you have AAA they offer a very reasonable pre-purchase inspection service.

 
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Old 09-30-2018, 03:11 PM
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I'm not an expert but the price might be high. I paid 19800€ for a 2015, same engine, same trim, screw, long wheelbase, 4x4 and 75000 km
 
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Old 09-30-2018, 05:22 PM
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If you don't need a new truck at the moment, I'd suggest you pass. That's a lot of miles for a 4 year old truck, highway miles or not. Everything in that truck would've been under heavy use to rack that many miles up in a short period of time.
You say you're doing a trade in; is this something you'd be financing? Lets say hypothetically you're taking out a 48 month loan. So in 3+ years you'll be still be paying on a truck that has over (presumably) 200,000 + miles on it at that point.
I wouldn't do it, not unless the price was dropped by at least $3-4k
 
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Old 09-30-2018, 06:29 PM
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I had a 2013 5.0 with 130k miles and wouldn't hesitate to drive it coast to coast. But I changed the oil every 5k with mobil 1 , did the tranny fluid/filter, coolant, differential fluids, spark plugs and belts. The previous owner had very accurate history. I would have kept it, but it was totaled. Loved that truck!! With that said, who knows how this was taken care of. All high mileage vehicles claim to be all highway(no way to prove it). If it were me, I would shop around for better deals with lower miles, or offer them $15k if you really want it. Just too much gray area and the fact you are paying 50% of the original value. I just paid $39k for a brand new loaded sup-cab 4x4 XLT(nav, max tow 20" …), cause I couldn't find a 2 or 3 year old within $8k and not with 30k miles.
 
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Old 09-30-2018, 08:11 PM
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Yah. I dunno. If you buy a brand new truck for, say $50K, and think you can drive it 200,000 miles, you're guessing about 4 miles per dollar (or 25 cents per mile). I don't know how many miles you might think are left in that truck, but if we work from the same overall mileage (200,000), then you "maybe" have 50,000 left (maybe more, maybe less). Using the same equation, you're looking at 2.5 miles per dollar or 40 cents per mile. So based on that probably too simple comparison, it's more expensive than a brand new truck. However, to get it into the same ballpark, it would have to be around $12,500. Ain't no way the dealer would go for that, but who knows?
 
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Old 09-30-2018, 08:25 PM
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I'd bargain him down to $14-$15 based on the mileage alone. No way he'd know if it's all highway mileage, but you can find out if the rotors have been replaced, how much % left on brakes. That's one way to find out.
 
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Old 10-01-2018, 05:25 AM
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I see the OP is from Newport News, Va. This is the area where I live and work. The local 7 cities metro area is a traffic Armageddon. Southern Cali moves traffic better than the Hampton Roads area of Virginia. If this truck has been local for it's entire life then these are not easy miles.

I would check the engine hours read out as this is a new function for 2015. There must be a way to convert idling hours to miles.

But considering that the Hampton Roads area is home to the largest concentration of military in the world, there's a decent chance that the truck came from another area.
 
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Old 10-01-2018, 07:47 AM
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Great point on idle hours. As and example, sitting in heavy traffic , a police car or taxi may only show 130,000 miles, but the idle hours could easily double that. Besides accidents, a Carfax check usually shows the city and state where it was put into service, where it has been registered and a history report on service calls(if the shop used the service)..

Plus you can steal a 2018 xlt loaded, $50k+ MSPRP for well under $40k. I went that route opposed to a 1,2 or 3 year old. A quick scan of Craigslist shows people are asking $35 to $40 for those with 20k to 30k miles.
 
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Old 10-01-2018, 08:42 PM
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Originally Posted by tseekins
I would check the engine hours read out as this is a new function for 2015. There must be a way to convert idling hours to miles.
I can’t send you Reps yet, but that deserves some. I totally forgot about that feature. Great idea.
 
  #15  
Old 10-01-2018, 09:02 PM
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Quick checking but looking at manheim auction that truck has a wholesale of 11k. You need to get that truck down on price to make it a deal. Is this being sold by a ford dealer?
 


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