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Post by dietz4ibanez on Oct 2, 2012 23:58:38 GMT -5
I am not a PS fan but I try to get my hands on a few projects. Especially since I am a landscaper and there can be a few months that are slow. I have driven this truck when I worked for this company for many years. I know it is well maintained and have a good relationship with the owner. The truck in question is a 2004 PS F450 with the 6.0. It has 115k miles on it and needs a fuel pump, fuel pressure regulator and all 8 injectors and glow plugs. I think ford wants $7k for all these repairs along with ball joints. I can buy the truck for $5150 "As is" I think this truck could go for 20k... Steal it or pass?     |
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Post by Darkanion on Oct 3, 2012 10:29:00 GMT -5
IF that's all that's wrong with the truck, you could make some $$. If more is wrong, you could easily eat up your potential profits..
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Post by dietz4ibanez on Oct 3, 2012 10:39:56 GMT -5
Word.
I have delt with the ford dealership with this truck over the years many times. They never steered me wrong. I am not going to pay their premium price.
I got a ps mechanic that works for himself and he has a excellent top notch reputation. He quoted me $3000-3500 for parts and labor.
I will do the ball joints myself.
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Post by Darkanion on Oct 3, 2012 10:42:43 GMT -5
So, you think you can sell it for about twice what you would have in it, after repairs?
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Post by dietz4ibanez on Oct 3, 2012 10:45:05 GMT -5
If I want to sell it within a week or 2 I would have to list it at 14-15k... If I was patient it will sell in the spring for about 18k...
I don't want to use it in fear of something else breaking...
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Post by dietz4ibanez on Oct 3, 2012 10:46:29 GMT -5
There is a similar truck for sale locally but 2005 and 80k miles listed for $25k
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Post by Darkanion on Oct 3, 2012 11:15:07 GMT -5
Yeah, I hear ya about not wanting to risk breaking anything (else)..
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Post by dietz4ibanez on Oct 3, 2012 11:46:44 GMT -5
Everyone says that if you block the Egr and upgrade to forged pistons that would be a good truck to keep. This issue has nothing to do with that... lol  Sent from my DROID BIONIC using proboards |
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Post by DravenH on Oct 4, 2012 8:50:12 GMT -5
Buy it yet?
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Post by dietz4ibanez on Oct 4, 2012 8:59:50 GMT -5
Well I thought the cash would be printed this week but it takes a little while for $1 bills.
Hoping sometime next week!
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Post by Darkanion on Oct 4, 2012 9:05:05 GMT -5
1's?! 1's will be the new pennies here soon! haha
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Post by dietz4ibanez on Oct 4, 2012 10:17:58 GMT -5
Ain't that the truth...
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Post by dietz4ibanez on Oct 4, 2012 13:28:50 GMT -5
I am thinking about doing all the work myself... Talk me out of it!
It would probably save me $1000-1500 on the project...
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Post by Darkanion on Oct 4, 2012 13:44:40 GMT -5
A few things to consider.. How much free time do you have? How quickly do you want to sell the truck? How much longer will "you" doing the work take vs. paying a shop to do it? Do you have all the tools needed?
I understand wanting to save money and get the satisfaction of doing it yourself, but the longer you hold onto it (if you buy it), the more $$ you'll spend on insurance AND the more likely it is that something ELSE might come up that you'll need to repair/replace..
If you plan to keep it until Spring, when demand for that type of vehicle may be higher, most of what I just asked about is probably moot.. Except for the cost of insurance and any other costs associated with hanging onto it for a few months..
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Post by dietz4ibanez on Oct 4, 2012 15:50:20 GMT -5
Couple good points you got there. I would almost wager that I have all the tools for the job. Being that all you have to remove in the engine department to get to the valve covers are sockets and torx. The fuel pressure regulator sits right above the driver side valve cover so I will be there to do it anyways...
That part should take 5-6 hours.
If I absolutely needed to finish a couple all nighters wont slow me down.
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Post by Darkanion on Oct 4, 2012 16:33:34 GMT -5
Well, I was also thinking about how much FREE time do you really have these days, with the new kid and all..?
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Post by dietz4ibanez on Oct 4, 2012 18:26:37 GMT -5
Well, I was also thinking about how much FREE time do you really have these days, with the new kid and all..? Yeah really. But one thing I am thankful for is if a project like this takes all my free time I wont hear it from the wife. She knows I can't stop until I get the project done... Sent from my DROID BIONIC using proboards |
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Post by Darkanion on Oct 4, 2012 19:10:38 GMT -5
Sounds like you've talked yourself into it..
How long do you plan to keep the Ford?
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Post by dietz4ibanez on Oct 4, 2012 19:39:48 GMT -5
Sounds like you've talked yourself into it.. How long do you plan to keep the Ford? After its fixed? About as long as it takes to sell! I am going to have a full lot before long. Got me 3 for sale right now! Sent from my DROID BIONIC using proboards |
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Post by Darkanion on Oct 4, 2012 20:03:34 GMT -5
Bought it yet? hehehe
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Post by dietz4ibanez on Oct 4, 2012 21:44:29 GMT -5
I was close to having the cash this week but we are going out of town this weekend... Got to finish a couple deals so hopefully next week!
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Post by Darkanion on Oct 5, 2012 8:13:41 GMT -5
Ok. I'll bug you with "done yet?" next week...  |
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Post by dietz4ibanez on Oct 5, 2012 8:20:25 GMT -5
That will be appreciated!
If I could sell me 2 ton sump truck I'd have it right now!
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Post by Darkanion on Oct 9, 2012 8:20:28 GMT -5
Done yet?!?  |
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Post by Darkanion on Oct 10, 2012 14:04:04 GMT -5
Done yet?!? +1 |
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Post by dietz4ibanez on Oct 13, 2012 23:05:17 GMT -5
lol... Still working on it!
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