What's it worth? 2002 7.3 powerstroke with 3k (hit by tornado)

[kpk]

So, my dad has this truck. It was his "spare" for his primary work truck. He had it in storage and was literally hit by a tornado. He's done working so he's thinking now may be the time to sell it, but has no idea what it's worth and neither do I with the current market conditions. It's a 2002ish F-350, extended cab, dually and only has 3k miles on it. It was driven back and forth to town over the years basically just to keep the fluids moving. It currently has 3 thumb size dents, more scratches than you could possibly count on all panels, and a passenger door window. I'm not sure which package it has but I know that it does not have leather.

Here's some photos and drone of the town. I have 2 aunts and uncles, and a 94 year old grandmother that live there. Pretty incredible that no one was killed as it came through around 10:30pm and there are no sirens.

PHOTO GALLERY: Taopi devastated by overnight storms

The town is without power and many homes are completely destroyed.

www.kttc.com

Aunt and grandma interview.

94-year-old Taopi woman survives tornado; childhood home destroyed

Despite her loss, Kiefer kept a smile on her face.

www.kttc.com

 

[woods89]

I'm currently driving a 03 F250 with that same motor. That was probably one of the best diesel motors ever made.

I don't have any idea what current worth is, but that thing would have been in high demand prior to the tornado damage.

I'm really glad your family was ok!

 

[2five7]

Before the tornado damage, he could easily get 30k+, even 40k wouldn't surprise me. He might better off having it repaired before selling, rather than taking the hit now.

 

[ShortMountain91]

I'll give ya a dollar for every mile on it. Don't go driving it around now!

 

[doc holiday13]

Why bother?? All the newer diesels are light years beyond the 7.3l If its all you can afford, I get it but its tech from the early 90's.. I used to have a 7.3L. When I jumped into my 2015 DMax, I never looked back

 

[Jbehredt]

Cash out an insurance claim on the damage and sell it to the right guy for $15 as it sits.

 

[Laramie]

As it sits, probably 18k. Repaired, about 25-28kk. Guessing cost to repair is likely much less than the 7-10k difference so you would be money ahead repairing it.

 

[rickjames80]

Why bother?? All the newer diesels are light years beyond the 7.3l If its all you can afford, I get it but its tech from the early 90's.. I used to have a 7.3L. When I jumped into my 2015 DMax, I never looked back

I wouldn't underestimate the value in the older diesel engines. Do they have 350+ hp and 800 ish tq like newer trucks? Of course not, but not 70k either. They also have simple or no emissions systems that are costly to maintain/repair. I think the extended cab will hurt the value more than anything else.

 

[Grumman]

Actual market value for the truck is likely way above what the insurance will try to pay due to age.

I’m glad everyone is okay. You’re grandmother seems like a sweet lady. 10 kids is amazing feat.


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[doc holiday13]

Actual market value for the truck is likely way above what the insurance will try to pay due to age.

I’m glad everyone is okay. You’re grandmother seems like a sweet lady. 10 kids is amazing feat.


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Exactly this.. If you pay $20k for a truck thats really only worth $4k then $4k is all your get from the insurance company

I wouldn't underestimate the value in the older diesel engines. Do they have 350+ hp and 800 ish tq like newer trucks? Of course not, but not 70k either. They also have simple or no emissions systems that are costly to maintain/repair. I think the extended cab will hurt the value more than anything else.

Even with 70K miles I'll take my 2015 all day long.. Factory recommended overhaul for a heavy use 2015 dmax is 250K miles. Heavy use being defined as daily trailering/hauling with long periods of idling. I've never once said "i wish my duramax had more hp".. I said that plenty of times with my 7.3L

Emissions are fairly easy to bypass once they go bad

 

[jmez]

Actual market value for the truck is likely way above what the insurance will try to pay due to age.

I’m glad everyone is okay. You’re grandmother seems like a sweet lady. 10 kids is amazing feat.


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This. Been there done that. The ins company is going to screw you.

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[svivian]

Thats a shame as that truck would have sold for a pretty penny. Glad your family is ok

 

[5MilesBack]

If all you're talking about is three thumb size dents, a bunch of scratches, and a broken passenger window.........I'd say that truck's still not even broken in. If it was a crewcab and a manual transmission and transfer, I might have been interested in it.

 

[ben h]

That's a bummer; glad everyone is all right. I don't know about "blue book" on a 20 year old truck with 3k miles, but that's a great truck and doesn't sound like the damage was that bad, but I bet insurance gives it a total loss. I'd buy the salvage on it and give it a paint job and repair the window and dents. It won't be the latest/greatest, but still a great truck with more worth than you'll get from insurance.

 

[Cubby]

I understand the 7.3s are great motors (I work at a Ford dealer for the last 21 years) but anyone willing to pay 20-30k for a 20 year old truck is crazy. I mean you can buy a complete Ford reman 7.3 for under 10k

 

[WeiserBucks]

Even with 70K miles I'll take my 2015 all day . . .

He meant $70k, not 70k miles.

 

[260madman]

A no emissions diesel will be worth a lot of money to someone. Exterior stuff is easily fixed especially if not in the salt belt.

You guys should see what a Glider with a no emissions Detroit is going for. Uff da.

I told my dad 20 years ago to start collecting JD diesels instead of his 2 cylinders. He finally got the hint 6 years ago.

 

[rickjames80]

He meant $70k, not 70k miles.

Thanks, I should have been more specific. I have 188k miles on my d-max and have no worries that it is even close to used up.

 

[BRTreedogs]

So after rebuilding an 96 7.3 that would have also been considered a high value holly grail with only 100k on it.
Crap I would have way rather had a high mileage one that had been taken care of.
The injectors were gummed up.
Every seal, o ring, pump, everything I mean literally everything had to be replaced. Total nightmare.
This was a garaged truck that my family owned.

The injectors were so bad it barely ran good enough to drive a few hrs home.
From the outside it appeared mint.

Gosh forbid you need to unplug a plastic connector cause it gonna break.

Growing um in the era of the 7.3 Manual trans truck being revolutionary and the only viable option i love them to the core.
But after this it saddens me to say they are old. Just to damn old.
And unfortunately the availability of rebuild parts for the body and Interior isn't supported that well.

 

[jjohnsonElknewbie]

So after rebuilding an 96 7.3 that would have also been considered a high value holly grail with only 100k on it.
Crap I would have way rather had a high mileage one that had been taken care of.
The injectors were gummed up.
Every seal, o ring, pump, everything I mean literally everything had to be replaced. Total nightmare.
This was a garaged truck that my family owned.

The injectors were so bad it barely ran good enough to drive a few hrs home.
From the outside it appeared mint.

Gosh forbid you need to unplug a plastic connector cause it gonna break.

Growing um in the era of the 7.3 Manual trans truck being revolutionary and the only viable option i love them to the core.
But after this it saddens me to say they are old. Just to damn old.
And unfortunately the availability of rebuild parts for the body and Interior isn't supported that well.

Love my '94 F250 extended cab long bed with 460 and manual. Best farm truck ever. Only "upgrade" I've thought about is doing carb conversion to get rid of ancient electronics and EMP proof it.