Buying a #313 ford boss 5.4 yellow need help with the price
#1
#2
Wrong forum, as that's the '97-'03 ('04 Heritage) body style. However, there's no way in hell that Boss truck is worth $15K. The Boss 5.4L trucks were just a paint job/body kit and a cat-back exhaust. They aren't even a "Ford" produced product, aside from a regular 2WD F-150 (260HP), they were altered by a 3rd-party company and sold through Ford dealerships. I would value it just like a similar-year/mileage F-150 and pay accordingly. I certainly wouldn't buy it with the intentions that it's a collector's item. Personally, I'd rather have a Ford Lightning which has a similar look, but actually had a Supercharged engine to back it up.
Last edited by SoonerTruck; 02-04-2019 at 04:52 PM.
#4
Ever thought of looking up the truck with the Kelley Blue Book or the NADA guide?
Check online to see what similar vehicles are asking, and see if you can look up what these are actually selling for.
There is the Blue Book price, which is the accepted price by banks & insurance companies. A bank will not lend beyond the book value of the car. An insurance company won't pay more than the book value of the car.
Then there is what you feel you want to pay for the car. I've always paid less than the book value, cash in hand, to buy whatever someone is desperate to sell. Some people are desperate to buy, and often pay beyond the book value. Or for whatever reason to you, you feel that it's worth the money, then you will pay what you think it is worth. Same reason why you can drink water from the fountain for free, or pay $3 for a bottle of water.
If you are looking for opinions..........opinions vary. I'm willing to bet that this guy has already been offered a lot less money by the car dealerships, and that is why he is trying to sell it himself. And he has already received offers, which he did not think were good enough. In his mind, he has a high value item. In everyone else's reality, he has a 20 year old truck with a fancy paint job. I see this all the time with motorcycles. Every guy with a Harley thinks it's worth $10,000 or $20,000; when the book value is often $3000 - $5000. A dealer will offer the guy $1,500 for a $3,000 book value Harley. He tries to sell it for $10,000. Eventually, he needs the money bad enough, and I'll buy it for $2,500. This guy is like a Harley owner. He thinks the truck went up in value.
Check online to see what similar vehicles are asking, and see if you can look up what these are actually selling for.
There is the Blue Book price, which is the accepted price by banks & insurance companies. A bank will not lend beyond the book value of the car. An insurance company won't pay more than the book value of the car.
Then there is what you feel you want to pay for the car. I've always paid less than the book value, cash in hand, to buy whatever someone is desperate to sell. Some people are desperate to buy, and often pay beyond the book value. Or for whatever reason to you, you feel that it's worth the money, then you will pay what you think it is worth. Same reason why you can drink water from the fountain for free, or pay $3 for a bottle of water.
If you are looking for opinions..........opinions vary. I'm willing to bet that this guy has already been offered a lot less money by the car dealerships, and that is why he is trying to sell it himself. And he has already received offers, which he did not think were good enough. In his mind, he has a high value item. In everyone else's reality, he has a 20 year old truck with a fancy paint job. I see this all the time with motorcycles. Every guy with a Harley thinks it's worth $10,000 or $20,000; when the book value is often $3000 - $5000. A dealer will offer the guy $1,500 for a $3,000 book value Harley. He tries to sell it for $10,000. Eventually, he needs the money bad enough, and I'll buy it for $2,500. This guy is like a Harley owner. He thinks the truck went up in value.
#5
so it's an 02-03 regular cab 2 wheel drive f150 with a paint package
$1500 in this area, maybe $2500 if you really like it
BOSS f150 specs not impressive
it would definately be a better truck than that chevy you're trying to unlaod
$1500 in this area, maybe $2500 if you really like it
BOSS f150 specs not impressive
it would definately be a better truck than that chevy you're trying to unlaod