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2004 Ford Ranger Value

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Old 03-26-2012
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2004 Ford Ranger Value

How much do you think a 2004 Ford Ranger Edge SuperCab 2wd is worth (rough estimate)? It needs wheel bearings, ball joints, new tires, and has a few small door dings. I didn't catch the mileage, but will be going to look at it this afternoon. The guy wants $5,500 private party. Obviously I'll try to talk him down, but is that a good deal? I have ran several used car value guides and have formed my own opinion, but also want your opinion as well.



 
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Old 03-26-2012
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how many miles does it have and is it a 4 or 2door
 
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Old 03-26-2012
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Offer him $5000 since you will have to put some money into it.
 
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Old 03-26-2012
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Originally Posted by 99offroadrngr View Post
how many miles does it have?
That's the thing, I'm not sure. I will find out this afternoon, but I'm guessing around 100,000. That would be average mileage for the year model.

I could swear I saw him with the back doors open so if I am right it is four-door.
 
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Old 03-26-2012
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ah. i'd definitely try 4500. worst he can say is no. when you find out you can get a better idea at what you should pay also depending on if you'll do the work yourself or not. if you're not, lowball more haha
 
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Old 03-26-2012
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Originally Posted by 99offroadrngr View Post
ah. i'd definitely try 4500. worst he can say is no. when you find out you can get a better idea at what you should pay also depending on if you'll do the work yourself or not. if you're not, lowball more haha
I'll do all the work myself. What do you think it is worth assuming I am right? He paid off a loan for someone who was going to lose it so he bought it for $3200. I understand he wants to make a profit, but I want to get it for a price I can as well if I don't decide to keep it.
 
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Old 03-26-2012
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Originally Posted by KLC View Post
I'll do all the work myself. What do you think it is worth assuming I am right? He paid off a loan for someone who was going to lose it so he bought it for $3200. I understand he wants to make a profit, but I want to get it for a price I can as well if I don't decide to keep it.
id say you should pay around 4k for it 5k max. if you buy it and do all the work on it you should make a nice profit. I bought that green 98 for $900 and sold it for 2900 after i put work into it. (upper and lower ball joints, brakes, inner and outer tie rods)

if you decide you don't want it you could turn a profit. btw that 98 had 198k on it lol
 
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Old 03-26-2012
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Like Pedro said, Milage is a big factor. Avg mileage (i'm sure you know) is 12k a year. so it should be around 84k miles for a fair market value. anything under that milage is worth more, anything over is worth less.
Also, you said it needs work? Factor in the price of parts. say about $500 for tires. another $150 for bearings, and another $150 for ball joints. Then another $100 bucks cause you might need it aligned.
Door dings are door dings. its rare you find a car without some kind of small dent in it.
I'd also say $4500, not really a penny more since its probably a 3.0
 
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How long does he already have it for sale? Just say final offer 4K with steel face
 
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Old 03-26-2012
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It has 109,000 (84,000 to 96,000 is average depending on when in 2004 it was built) and is a 2 door SuperCab. Is in very good condition for the age of the vehicle. Interior is very nice. He said the least he would take is $5,000. Hmm...
 
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Old 03-26-2012
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Originally Posted by 4wdJunkie View Post
How long does he already have it for sale? Just say final offer 4K with steel face
It really isn't for sale, yet. He just bought it last week.
 
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flash 4500 in front of him cash and he'll take it probably. bring an extra 500 just incase tho.

was it a 3 or 4L?
 
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Originally Posted by 99offroadrngr View Post
flash 4500 in front of him cash and he'll take it probably. bring an extra 500 just incase tho.

was it a 3 or 4L?
4.0L
 
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Seems like a good deal. I got my 2004 Edge for 6500 last year. Of course, it only had 93k, was in pristine condition mechanically and visually, and came with a really good powertrain warranty. 5000 sounds good, but you can talk him down. As long as it's a 4.0, I would jump on that.
 
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yeah do what you can. Im going to be in the hole tomorrow with a loan for the new rig. i envy your find, its not too hard to 4x4 swap an edge lol
 
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Old 03-27-2012
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I still say 4.5K like I said the other day. Thats $1,300 for him for no work at all.
 
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Old 03-27-2012
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Jesus, everybody is buying new trucks. I'm feeling jealous.
 
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Old 03-27-2012
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Show him $4500 CASH, you cant refuse cash in yo face.
 
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Originally Posted by morris View Post
Jesus, everybody is buying new trucks. I'm feeling jealous.
USED* Trucks
 
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Old 03-27-2012
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Originally Posted by morris View Post
Jesus, everybody is buying new trucks. I'm feeling jealous.
adam needs to trade his parents the F150 and take his E4 back
 
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Old 03-28-2012
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afterbuying this 2 door truck, you may wish to upgrade the seats. While comfy, they get dirty FAST and... well leather seats out of a mountaineer are WAY better. Plus, the stock seats dont go forward very far... as where the leather ones, I could put a 36in CRT tv in the backseat now =P
 
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