well gentlemen, i took the truck on a test drive today and was very pleased. It is a 1994 F150 XLT 302 ci 5. 0 lt. V8, 5 spd manual, automatic 4x4, extended cab, shortbed. It has 202,000 miles on it. He is the origional owner and has changed the oil religiously every 3k. He has recipts for work done aswell, (clutch, front end balljoints, etc) He was origionally asking $4,600, but brought it down to $3,800. The blue book, and the edmunds, for that exact truck and mileage, is about $1,900. After looking at some others like it online to truely determine the market i have come to the conclusion that i will offer him $2,600 for it. The truck ran well, shifted through all gears smoothly, 4x4 works fine (all ranges). It seems to be a sound rig. does my approach on the price sound wise? also do you think he will go for it?
I told him i would let him know yes/no on friday. I will make the offer then. This fella lives right up the street from me and i have seen this truck as long as i can remeber, he has taken good care of it.