• Welcome to For Trucks Only !

    We are a community of American Brand Pickup Truck and SUV owners. Join now! Its Free!

1998 f-150 question

Ralph

Member
Joined
Oct 9, 2018
Messages
14
Reaction score
13
Location
Paris,ME
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
 

65 sporty

Well-Known Member
Joined
Aug 8, 2015
Messages
2,000
Reaction score
1,274
Location
Kingston, Mi
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.
 

Ralph

Member
Joined
Oct 9, 2018
Messages
14
Reaction score
13
Location
Paris,ME
Thank you. I left out that it's an XLT , and it also is manual 4 wheel drive. Thanks for the info
 

7mopar

Well-Known Member
Joined
Dec 21, 2013
Messages
2,180
Reaction score
1,333
Location
Kingsville, MO
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.
 

Ralph

Member
Joined
Oct 9, 2018
Messages
14
Reaction score
13
Location
Paris,ME
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.
 

Polara_500

Well-Known Member
Joined
Aug 9, 2015
Messages
734
Reaction score
511
Location
NW Minnesota
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.
 

Ralph

Member
Joined
Oct 9, 2018
Messages
14
Reaction score
13
Location
Paris,ME
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
 

Polara_500

Well-Known Member
Joined
Aug 9, 2015
Messages
734
Reaction score
511
Location
NW Minnesota
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

Well-Known Member
Joined
Dec 21, 2013
Messages
2,180
Reaction score
1,333
Location
Kingsville, MO
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

Member
Joined
Oct 9, 2018
Messages
14
Reaction score
13
Location
Paris,ME
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]
 
Top