My '90 f150 2wd has over 305,000 miles on the original motor and the time is here to make the decision on repairs or sell and replace the truck.
Engine still burns no oil but has clanky internal noise at idle and is a little weak on power. Had a new oil pump as an insurance measure at 170,000.
Needs muffler, has a little rust above rear wheels and bottom of tailagte. Needs tires and rear brakes. And I would probably replace the oil pump with a high volume one and replace the timing gears as insurance.
Has recent clutch and pressure plate. Transmission never been fixed and operates ok.
I'm thinking about 4 to $600 in parts. My labor.

Probably worth less than $1000 on the market with the high miles.

But I could put in the money and have a engine or tranny failure tommorrow and if the engine pukes I don't think I would invest in rebuilding or putting in a unknown used one. So put in some bucks and hope for the best or what?
All advice welcome.

Thanks, Lynn.

 

Here's a business way to make that decision:

Go price a new replacement truck. Be honest with yourself about it--if you want a 2wd, Regular Cab, 8-ft box 150, price it out, monthly payments, comprehensive insurance, extra warranty, whatever.

Then figure out what could go wrong with your present vehicle, and price that monthly as well.

Doing the labor yourself, you'll find that driving your present rig will cost about half what a new rig costs, but...you'll have to amortize your investment by driving the same rig another 10 years.

Doubt if this helps very much.

Eddie