When you click on links to various merchants on this site and make a purchase, this can result in this site earning a commission. Affiliate programs and affiliations include, but are not limited to, the eBay Partner Network.
Should one be scared off by the fact the truck they are looking to buy has a history of Ford buy back? I was looking at an 05 F350 to update too from my 03 f350 and it was a Ford buy back vehicle. It had a sticker on the door post and the salesman told me it was because of prolong time in shop with various problems. They say it is fixed but with all the problems with my 03 6.0 I'm wondering and scared. I want to stay with the Ford product but I'm scared.
What warranties are they offering with the truck? If it still has all warrenties in place and they guarrenty the work thats been done, shouldn't be any problems or major issues.
When Ford buys one back, its repaired, then inspected to verify the repair. During the time it was owned by the previous customer, there was a sense of urgency to repair quickly (unfortunately, at times ,mistakes are made). After the buyback, all the time in the world can be taken to make the fix. The important thing to check on a buyback vehicle, is get the best warranty possible. Sometimes a buyback can happen because of small things(I've seen them buy one back because the customer didnt believe us about the slight shudder when her lockup converter engaged). Research on the vehicle is important. Then, negotiate. As long as you understand the risks and benefits, thats all that matters.
Even if the price is ridiculously low, I would not touch a buy back. Even if they are willing to disclose the reason for the buy back and show you all the documentation from attempted fixes for the previous owner. Bet you don't get far with that one. If they had to buy it back it was a problem they couldn't fix, period. I don't believe they will take all the time in the world to fix it afterwards. They have an investment there, maybe more than the monthly premium they would pay on a new one and want it sold as fast as possible. As far as I know there is no requirement to fix anything before reselling it, just to inspect and acknowledge that it is 'within spec' for the breed. And who does this? Is it returned to Ford corporate or inspected by the same dealer that couldn't fix it, but said it was fixed each time they tried before? In my opinion you’re taking a bad gamble.
Even if the price is ridiculously low, I would not touch a buy back. Even if they are willing to disclose the reason for the buy back and show you all the documentation from attempted fixes for the previous owner. Bet you don't get far with that one. If they had to buy it back it was a problem they couldn't fix, period. I don't believe they will take all the time in the world to fix it afterwards. They have an investment there, maybe more than the monthly premium they would pay on a new one and want it sold as fast as possible. As far as I know there is no requirement to fix anything before reselling it, just to inspect and acknowledge that it is 'within spec' for the breed. And who does this? Is it returned to Ford corporate or inspected by the same dealer that couldn't fix it, but said it was fixed each time they tried before? In my opinion you’re taking a bad gamble.
Have anyone run an oasis for you, all repair attempts, and final fixes plus the dealer that did it will be listed.The vehicle started out fine, it can be made that way again. 31 years in the business, I never have seen one "possessed" that cant be fixed.
vloney what happens to buy backs? do they ever leave the buying back dealer or are the fixed and resold there? My point is if the that dealer can't fix it for the customer, I doubt that same dealer can fix the problem. Especially with regard to the diesel, it seems some dealerships are better suited to selling than fixing them. Also do you know how the floor plan costs compare to a new vehicle? just curious.
vloney what happens to buy backs? do they ever leave the buying back dealer or are the fixed and resold there? My point is if the that dealer can't fix it for the customer, I doubt that same dealer can fix the problem. Especially with regard to the diesel, it seems some dealerships are better suited to selling than fixing them. Also do you know how the floor plan costs compare to a new vehicle? just curious.
The final repairing dealer doesnt necessarily have to be the buyback dealer. Ford will most generally take the vehicle to a dealer that they know can fix it. They usually will move the vehicle away from the "starting" dealer so there are no potential conflicts.Again, an oasis is a very good place to start researching.I worked on a buyback Mach 1 today that had numerous fixes for alternator problems. The car was "reaquired" then the repairing dealer had as much time necessary to do the repair. The fix was to repair a defective ground strap, body to engine to frame.
We had an F-650 passing through town break down and towed in to our dealer this past summer... it was purchased as a buy-back from Ford and came with a "buy-back" warranty. When we phoned for warranty approval on the fuel pump they said the warranty was not valid in Canada... what's with that?
I am going to split the difference with Jeff and vloney.......I would take a chance on a 05 or 06 buyback, but not an 03 or 04. As vloney mentioned, oasis report is the key here, doing your homework can net you a really great truck with a great price to boot.
I'll give you a scenario that many of the techs probably can vouch for.
Customer thinks he/she knows more than the tech, belittles the tech or questions the tech every time the vehicle is looked at or brought in for a concern. Tech gets tired of hearing the same crap day in and day out and may not try as hard on the customers vehicle that has an attitude. "You get more with honey than you do with crap."
Not saying this is an every truck scenario, but I'll lay down 10:1 odds several buyback trucks after repair never saw the shop again other than for regular maintenance or something minor.
There you go! A simple fix that the right guy can find in no time and the wrong guy can throw parts at. Good to hear they shuffle them around. I guess that could a fix a lot of the problems. Do the original techs get any feedback regarding problems later solved by others?.
I would be very careful. My friend (a retired Ford worker) had a new 05 F350. Ran like a dream, until he tried to tow his 5th wheel. After many attempts to fix, Ford finally bought back the truck. After that experience, he gave up on towing and just hired someone to tow the rig to a site in Florida where they spend the winter. Ended up with an Excursion.
I sure wouldn't want to be the one that ended up with his truck.
Hey MHS53,
OK I 'll admit it... I bought a Ford Buy Back truck, it's a 2004 Ford Excursion 6.0 Diesel Eddie Bauer. It had 20,000 miles on it. The Oasis report was 4 pages long. The tranny was replaced at 6,ooo miles, the Turbo was replaced at 8,000 miles, but Ford bought it back over an annoying oil leak at one of the main seals on the engine. Apparently it was fixed 4 times and never was fixed right. Ford offers a 12 month 12,000 mile warranty on all of their buy backs, which really didn't seem to matter to me since mine is still under factory warranty. I am sure the previous owner was furious since the window sticker left in the glove box says the MSRP was $57,480! If I paid 50k and my truck broke that much I would be pissed!!!! Well as of now I am at 27,000 miles and the cement in my garage doesn't have 1 single oil drip on it. I inspected the Ex over like a hawk and it leaks nowhere! The truck is absolutely flawles and runs great!! I got the truck for 32k out the door, it has every option known to man on it!!!! I would not be concerned, BUT make sure and buy the FORD ESP premium care warranty just to cover your self just in case!!I also owned a Chevy buyback with great luck too!! From people I have talked to ..The buy backs you want to stay away from are the noise and vibration issues!!!!!! Those are the hard ones to fix and can be real annoying!!!!!!!!!
Rezvani's Latest Post-Apocalytic 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.