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A friend of mine offered me a good running 300 with a 4 speed transmission and I want to pay him for it but I don’t know what to offer. Any ideas on what a fair value is? I’m in the Midwest if that helps
It's been long enough since built to figure it would be a rebuild candidate. They always ran great so that's why they removed them. Ask him what he want's and go from there, don't insult a friend by low balling. JMO Now that I've grown older I have a pile of crap that is going to cost me to get hauled away. Just saying.
He said I could have it for free but I need to offer him something as that’s the way I was raised and I wasn’t sure what they are going for. It has 73k miles on it and ran well, he bought it brand new but swapped it out for a 460 so he doesn’t have any use for it
If a friend is offering me something for free, take him over a nice case of his favorite beer, or offer him a nice dinner gift card to his favorite place for him and the Mrs. I think he'd be more than happy to see that motor go to a good home and get used again!
If he's offering to it for free, take him at his word and accept the gift. Like was mentioned above, a kind gesture to say you appreciate the gift and value his friendship would be a great thing to do. A nice bottle of whiskey, a certificate to his favorite restaurant, and a handwritten card expressing your gratitude would be what I would do. If he doesn't drink whiskey, or if you just want to throw this on top, you could take a quality picture of his truck and have it put in a nice frame. Something he can hang on his wall in the garage and keep for years to come.
I have given away a lot of things that have decent value to people who I know will use them and I'll get to see them use it and experience the joy it brings them. Your buddy is probably doing the same thing.
Just take it if you want it IMO. An engine in pretty much unknown condition to you isn't really worth much, a few hundred bucks at most for a core and even then you don't really know if it's a good core.
A friend of mine offered me a good running 300 with a 4 speed transmission and I want to pay him for it but I don’t know what to offer. Any ideas on what a fair value is? I’m in the Midwest if that helps
Is this offer intended as a means of filling a need on your part ... or is it made just to get it out of his hair? I mean "do you need it?".
1992 my truck lost oil pressure on a road trip to Georgia, it made it down and back, likely 600 miles after I noticed it. I thought was a bad gauge. Got home, put a mechanical gauge on it to check, had 4 psi max. Buddy had just swapped a 400 with a head issue out of his '79 wrecker, they always keep an extra engine on hand ... but they were selling the '79 to update .... and there was this 400 laying in the floor. He told me to take it as I might need it he said. I pulled my pan, replaced rods and main bearings, new HV oil pump, and that 400 still is in my basement ... but had I not brought it home, it likely would have gone to scrap. I was just hoping to patch mine up for a year or two, but it was holding steady 65-70 psi yesterday.
I bartered a 289 HiPo and T5Z transmission for a flight ticket and hotel room once. My buddy had this sitting in his barn earmarked for another project that never happened. We had a mutual friend celebrating a birthday in Miami so I bought Dave's flight ticket and we shared a hotel room for the weekend. A nice bottle of bourbon would be nice if your friend is into that.
I picked up a '93 300 with it's T-18 attached and almost all the accessories. Unknown milage from a wrecked F150. It had been sitting for a year after being pulled. $250