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Old 12-02-2012, 08:04 AM   #1
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'03 7.3 E-350 low miles

Oh Boy & being so close to pull'n-the-plug too .

Id be giving this one a close look:
http://www.griffintrucks.com/detail-200 ... 48150.html

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Old 12-02-2012, 05:11 PM   #2
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Re: '03 7.3 E-350 low miles

That van will be gone soon!
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Old 12-03-2012, 04:24 PM   #3
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Re: '03 7.3 E-350 low miles

I called on this van about 4 weeks ago it has been on auto trader for about 6 weeks, they were asking 23,999 van book's for only 14k. I decided to wait for a 7.3 with 4wd already done but its a nice rig.
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File Type: pdf 7.3 bb.pdf (1.9 KB, 20 views)
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Old 12-03-2012, 06:10 PM   #4
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Re: '03 7.3 E-350 low miles

saw your post regarding the 2003 7.3 for sale $21K or so.
Just wanted your opinion as to if they are really worth that much when the
book is like you indicated is about $13-14K ?
What would you peg that 2003 7.3 with low miles to really be worth as $21K
seemed high.

thanks copes

Well I have been in the car business for 18 years I have been a GM of a ford dealer, and yes 21k is way over priced... I just paid 28K for my 2002 eb350 7.3 with 92k and has full 4x4 clydesdale conversion with a 8inch lift, I estimated the value of my van stock at about 8K then figured the 4x4 conversion, 8'lift with king shocks and ARB lockers at 20k it already had custom bumpers front and back fig 2.5k, oh did I mention the 8' lift and it also had new 18' moto wheels with new tires figured 4k chiped and full exhst system at about 2k. so at 28,000 I saved about about 8,500 give or take 1k. That being said Manhiem auction report national report shows 11-11,500!




Thanks
Buck
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2012-11-22_16-07-39_945.jpg  
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Old 12-10-2012, 07:25 PM   #5
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Re: '03 7.3 E-350 low miles

called them and they report that it is sold. someone was able to get financing on that old a vehicle which surprised me. Especially at that high a price. Think it sold for the asking price.

Just curious did anyone see this vehicle for potential rust issues as I heard it was not as clean as the pictures reported it to be ?
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Old 12-10-2012, 09:17 PM   #6
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Re: '03 7.3 E-350 low miles

i couldnt get full financing for my 03 7.3 w/144k, but the bank did give me $8350. i had to front the rest myself. gonna be a slim christmas, lol.
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Old 12-11-2012, 11:30 AM   #7
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Re: '03 7.3 E-350 low miles

Quote:
Originally Posted by copescobra
called them and they report that it is sold. someone was able to get financing on that old a vehicle which surprised me. Especially at that high a price. Think it sold for the asking price.
Well if one has A+ credit (700+ score) there are a few lenders that will loan up to 135%+tax,lic,doc of Nada retail value and any after market protection one may decide to purchase such as warranty or gap coverage, so if this rig had a Nada retail value of $13,923 one with A+ credit could purchase this vehicle for $18,796 +tax+lic & doc fees+ any back end products which would very from state to state or county.
Now keep in mind that many of your local main stream banks may only finance this vehicle for 3 years because of the age regardless of the low miles but some credit unions offer longer financing.Below are a few examples.

Purchase price $18,796.00
my local tax rate 8.2% $1,541.27
Lic fee $135.00
doc fee $150.00
Total $20,622.27 OTD (out the door)

now financed at 3.99% for 3yrs= $609.77 payment
5yrs= $380.33

So if the salesman told you that this vehicle sold for the asking price the purchaser would have had to put $3,203 cash down! I only hope that he lied and that the purchaser had more sense

Thanks
Buck
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Old 12-11-2012, 12:10 PM   #8
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Re: '03 7.3 E-350 low miles

my bank goes solely on nada values and nada doesnt have a 4x4 option for this model like kbb has. i tried as hard as i could to show them that the value of the full price was justified, but they werent having any of that. so i was forced to bridged the gap if i really wanted the vehicle.

I use keybank, and I know theres better lenders, but i have had terrible luck with other banks at this point and wanted to stay clear as i have fired most of them in the last 3-4 years. locally usbank seems to be the most competitive with rates, etc.

my score upon applying for this loan was 796 (im sure its lower now). it was 830 earlier in the year, but ive refied the house, and bought another car this year. just inquiries hurt your score which i dont really understand, but it is what it is. my payments are only $166 a month for 55 months @ 3.09%, so i aint bitchin.
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Old 12-11-2012, 01:43 PM   #9
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Re: '03 7.3 E-350 low miles

I am sorry that I missed out on this VAN but glad it went to a fellow SMB forum member.
I was the backup bid incase you did not follow through with financing or buying it.

congrats as it looked like a very nice deal. better than the other blue 7.3's from the Air force with less rust on it.
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