How much would you pay for a 7.3 cargo...

[bemerritt]

Again, as I posted elsewhere, my brother is on the hunt. He is in talks with a 2003 cargo 7.3 that is in excellent condition. 90k miles and only a tiny bit rust in the gutters.

Obviously this is a perfect candidate for a homebuid, but at what cost?

In the last two years, I have seen the value of my van (98 7.3 cargo RB) increase in value probably by almost 50%.

As this is a 2003, low miles, great condition, seller wants a lot. In addition, the owner bought it at auction and is basically turning around and immediately selling it for profit.

We test drove it yesterday and it drove like a dream. We tried to intimidate the seller by showing up in my van, but they ended up 1k apart and we left.

So, given that info, what do you think it's worth? What you would pay, what it's worth and market value are obviously all different, just curious to hear some opinions.

Thanks!

[rallypanam]

$1,000 difference on an excellent van? Buy it.

As for price, got me. I think Ray paid ~$16k for his cherry 50k 2003 7.3, but that was a couple years back.

[bemerritt]

I guess its even worse, he texted him after we left bumping his offer up 500 and the guy didnt budge, so it was only a 500 difference haha.

Nothing like a whole family sitting around discussing pros and cons of a van purchase. Explaining to your mom why this one is worth more was fun. All she said was she didn't like how loud mine is haha.

I'm pretty sure he's gonna get it, the only negative was the price.

[MrHenrietta]

That is a tough one. I'm not sure what blue book is but I would certainly pay $10k+. Maybe up to $15k depending on how serious I was..

[bemerritt]

Well, he committed to 13.5k, picking it up tonight. There is a really heavy duty drawer set he will easily get 500 for on craigslist, so call it 13.

Great starting point for a homebuild, but definitely more than he originally planned on spending on the base. Now to get him to post some pics when he picks it up tonight.

[rallypanam]

That's a decent price I think, assuming the van is as good as advertised.

[rallypanam]

Looks like a good start!

[bemerritt]

Thanks for the assurance! Id post the ad, but until it's in his hands, id rather not.

[rallypanam]

Originally Posted by bemerritt

Thanks for the assurance! Id post the ad, but until it's in his hands, id rather not.

That's why I didn't either!

[Flux]

Funny thing is......once you start a home build, 500 bucks is a drop in the bucket after all the conversions and doodads and thingamajiggies and such.

I am sure I paid too much for my van, but it had the drivetrain and options I wanted.