2001 Ford F-150 Worth the money?

Tiny
MAMABEAN5
  • MEMBER
  • 2001 FORD F-150
  • V8
  • 2WD
  • AUTOMATIC
  • 188,000 MILES
Wrote you the following back in March. Now the AC is out and it's $580 to repair. Total investment $5100 as of now. New parts are: rear pads/rotors, i/o fr wheel bearings, drive shaft rebal & replaced u joints, tire rod & alignment, ERG valve & DPSE pressure celenoid. So, all new front steering components, brakes & bearings. Already had new points & plugs. Has small oil leak in rear main seal, but shouldn't need repair soon ($350 quoted). Should we fix the AC for $580 or do a bypass for $150. Truck sounds like junk right now due to bearing in AC compressor. Repair or bypass? (Decided not to fix ABS)
HELP!

Old post:
Bought for $2500 w/ck engine light & ABS light on. Emission repairs, tune up, oil change totaled $875. Bad vibration at 70 mph--say it needs new u-jt, and something with tie rods & steering. Want another $500 to fix. Total investment so far, $3400. Still to come, $500 for today and $700-800 to repair ABS motor. Truck is in immaculate cond, w/cap, liner, tow pkg. Worth the additional $1300 needed for repairs or should I cut my losses now?

Hello,

Honestly, if the trucks body is in as good a shape as you stated. And since you went and purchased the vehicle knowing it needed repairs and not knowing the exact cost or repairs. I would say if you had to put another $2,500 into for repairs for a total of $5k then you would have a good truck and probably get another 4 - 5 years or more out of it. It in my opinion is worth the $1,300 more that you will need to put into it.

One suggestion on the ABS Motor, check out your local salvage yard or online for a used one. Would cut the expense.
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Tuesday, July 27th, 2010 AT 2:55 PM

3 Replies

Tiny
JACOBANDNICKOLAS
  • EXPERT
Without seeing the truck, it is hard to say. Based on what I read, it sounds like it is in good shape and would be worth the repairs. As far as the amount invested, go to KBB. COM and see what the book value is on it. If you are anything like me, I keep them going. I hate car payments. I drive a 93 with 221K on it. Still in okay shape and always runs. And yes, I do have to put some money in it, but it never equals a car payment.
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Tuesday, July 27th, 2010 AT 9:45 PM
Tiny
MAMABEAN5
  • MEMBER
Thanks. I checked Kelly's and the private party value is $5925. Didn't do the math correctly in my first email--If I fix the AC I'll only be at $4800, add new tires this fall and I should still be good. Don't mind if I lose a little money on it when I sell, it's still cheaper than a car payment or buying someone else's nightmare! Really appreciate the advice!


http://www.2carpros.com/forum/automotive_pictures/494060_Truck_1.jpg

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Wednesday, July 28th, 2010 AT 11:43 AM
Tiny
JACOBANDNICKOLAS
  • EXPERT
Glad to help. It does look like it is in really good shape. The quad cab is nice too. If it was mine, I would fix it. Also, I couldn't agree more. God knows what you are getting when you purchase a used car. It could be 10 times worse that what you are dealing with. Also, I would gladly pay that price for the one you have. I can't find anything like that where I live, and I too refuse to take on a 400+ dollar a month car payment.

Take care, let us know if you have questions in the future, and thanks for using 2carpros. Com.

Joe
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Wednesday, July 28th, 2010 AT 11:13 PM

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