Advice on Purchase
I had my 1981 F-150, 2wd, 300-I6, T-18- 4 speed. apraised a couple years ago at $3500. I was surprised to be honest. I only paid $2700 for it in 1991.
It is no where near mint either. Needs paint for starters and has minor "Parking lot" dents. Needs a seat cover etc...
Looks good at a distance though, 10 to 20 feet!
I try keeping her real clean though.
It is also a limited edition. "Explorer" and I had the pamplets to prove it at the time of apraisal.
What type of options it has etc...
All that stuff can factor in on how much it can be worth.
---------------
First thing I would do is check for leaks. Rear end, Transmission, Engine. Check the rubber around the truck. Is it cracked? Check the cab mount bushings, weather striping, rubber pads on the pedals for wear and the like etc...
Then check the heater and A/C, make sure it works properly. Check the door hinges for wear. Operate all the controls make sure they work smooth.
Get the highest blue book value you can, with the options you have, then start taking off the prices to fix the certain problems etc...
Here is a loose example:
If High Blue Book is $3500.
Bad seat, subtract $200
Bad Weatherstriping, Subtract $150
Bad Paint, Subtract $1000
Bad Tires, Subtract $500
Bad Light Switch, - $10
Bad Wiper Blades, - $2
Broken ****, - $8
Broken window Handle, - $7
Cracked Dash Pad - $500
Then your true value would be around $1090 Etc... You can estimate the subtraction values by looking up the parts and see how much it would cost to fix the individual problems.
Keep subtracting all it's problems until you get to it's scrap value. Say around $700.

But as I said, the above is only an example of how that works.
hope this helps
Sounds like a decent deal anyways. I'd throw $3,000 at them and see if they'll take it.
Trending Topics
Quote from Scott Burns, well-known personal finance and investments columnist......
"Even the alarmingly large crowd of people who would rather show off than conserve will change their habits when energy consumption becomes an instant indicator of stupidity and social indifference."
Ford Trucks for Ford Truck Enthusiasts
Quote from Scott Burns, well-known personal finance and investments columnist......
"Even the alarmingly large crowd of people who would rather show off than conserve will change their habits when energy consumption becomes an instant indicator of stupidity and social indifference."
I'm lucky, my wife let's me have about anything I want. I don't even have to come up with lots of reasons. Hope you're able to get it, sounds like a good ol' truck.
Last edited by tgore3; Sep 19, 2006 at 09:45 AM.


