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1998 f-150 question

Discussion in 'Ford F-150' started by Ralph, Oct 10, 2018.

  1. Ralph

    RalphMember

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    A friend is trying to sell me an f-150. It's a 1998 that he bought new. It has 56k Miles, and is in literally like new shape. Straight a
    Cab, short flare side and never been in the snow. It's the 4.6 v8.
    He orderd it brand new for his wife, who is now deceased. And he doesn't want it.
    My question is the value. He is thinking he wants about $8,000. Is that fair? jpeg-imag.jpg
     
  2. 65 sporty

    65 sportyWell-Known Member

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    Looks like a nice truck, he has a sentimental attachment to it but you don't. KBB private party value in very good condition lists it at $5,400 on the high end. I had to guess at a few of the options, but it gives you a very good idea what it's worth. I think he is $2,000 to high.
     
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    • Ralph

      RalphMember

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      Thank you. I left out that it's an XLT , and it also is manual 4 wheel drive. Thanks for the info
       
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      • 7mopar

        7moparWell-Known Member

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        My thought also to high. But it an almost new 30 year old truck. What will a newer 56K vehicle cost?
        But if monies need to be barrowed to make the purchase that going to be a hard one.
         
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        • Ralph

          RalphMember

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          I have known him and the truck since it was new. There are no surprises. The tires on it are the originals. Obviously they have to replaced, but it's just a matter of agreeing on a price and he has put the onus on me to be fair.
          It has never broken a sweat and has been in 4 wheel drive on his road because it needed to be used, not because it had to pull the truck out.
           
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          • Polara_500

            Polara_500Well-Known Member

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            IF I was in the market for such a vehicle and one similar came available I would personally value it at probably around 150% of book simply because it's history is known. That would, of course, assume it's not been sitting for two years after his wife passed and been ignored.
             
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            • Ralph

              RalphMember

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              It has not been sitting ignored. Its loved in a garage and been run once a month or so. Hasn't been on the road, other than his own private road for about 6 years
               
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              • Polara_500

                Polara_500Well-Known Member

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                Ooooo, six years? As long as you can test drive it and get it up to speed and find no issues, as said, I'd go a chunk over book. Not in the market myself, and not for a Ford if I was, but that's personal preference.
                 
              • 7mopar

                7moparWell-Known Member

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                Yea some of us are sheet metal raciest. But what can I say because there is a Ford and Honda in the yard. I could not find a good used Chrysler product to fit the bill when purchased.
                 
              • Ralph

                RalphMember

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                He's a sheet metal snob too. His wife wanted the Ford, he unfortunately never out grew the Chevy desease

                [

                QUOTE="7mopar, post: 32240, member: 1506"]Yea some of us are sheet metal raciest. But what can I say because there is a Ford and Honda in the yard. I could not find a good used Chrysler product to fit the bill when purchased.[/QUOTE]