Deal or Dumb 2004 Lariat
#1
Senior Member
Thread Starter
Deal or Dumb 2004 Lariat
Hey, I need you guys honest opinion. I've been looking for a truck. Is this a deal or is it dumb? I've found a running 2004 F150 Lariat with 291,000 miles on it for $3000. The owners says nothing major is wrong with it. From the pictures, the bed of the truck looks pretty beat up. The Cab looks decent from the outside. The interior looks rough but I've seen worse. I haven't seen the truck in person yet though.
Even though its running, I know something is gonna fail soon. I thinking if I do buy the truck, in the spring, I'm gonna put a new motor in it. My plan is once I put a motor in it, The truck will last another 100k - 150k before I get rid of it. Once it hits 400+ I will probably just sale it dirt cheap or trade it in. Is this possible. Should I pass and jump on the deal?
I already have an Honda Accord so if the truck fails I'll still have transportation. I just don't want to make a dumb decision.
The bed looks beat up
Cab looks ok though
Even though its running, I know something is gonna fail soon. I thinking if I do buy the truck, in the spring, I'm gonna put a new motor in it. My plan is once I put a motor in it, The truck will last another 100k - 150k before I get rid of it. Once it hits 400+ I will probably just sale it dirt cheap or trade it in. Is this possible. Should I pass and jump on the deal?
I already have an Honda Accord so if the truck fails I'll still have transportation. I just don't want to make a dumb decision.
The bed looks beat up
Cab looks ok though
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dhop08 (09-02-2014)
#3
That is a lot of miles on her, and that engine is probably nearing the end of it's life span, especially if it wasn't taken care of properly. I wouldn't make a definite decision until you can look over the engine and listen to it. Plus test drive. If you're pretty mechanically inclined, might not be a bad deal. But honestly if your gonna put a brand new engine in it I would look around more for a less dented up one with less miles and spend a little bit more.
#4
Senior Member
Thread Starter
I appreciate you guys opinion. I'm gonna go look at it for sure Friday, but its no guarantee that I will buy. I'm not hurting to buy a new truck immediately, I don't mind walking away. The only thing that caught my attention with this truck is that its running so, I probably could drive till it dies before I put another motor it. However, it could die on the way home, or next year. Honestly, in this price range, it'll be hard to find something that decent even if I'm look at a 97-03 model. So at the end of the day, I'll probably just keep saving up.
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dhop08 (09-02-2014)
#6
Senior Member
Thread Starter
Lol, admittedly this is kind an impulse buy because the deal came out of no where. Decisions Decision lol. I'm thinking maybe if they can knock the price down to 2500 or 2600, it will keep me from being too deep in the hole. I could break even if I run into too many problems.
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#8
If you don't care about the dents and being alitle rough, I don't think you find a better truck for 3k really. It would part out for way more than that. Miles and dents don't ever bother me.
#9
Maybe you should look at it on a Sunday so no notaries are open and you at least have an extra day to think about it.
#10
Senior Member
I agree. 3 grand is a drop in the bucket these days and if that truck is drivable with no obvious major issues then it's a good buy. I have spent more on salvage title vehicles and made out pretty damn good.