curtis73
New member
I've thought about trying to find a relatively low miles 7.3 powerstroke and just driving that but I'm afraid that the leaf sprung suspension will be too uncomfortable for the family, especially if we're running a lighter load. I know some people swap the axles on there so they can run the 05+ suspension but I don't have the means to do it myself and I feel like the idea of throwing that kind of money into a 20+ year old truck is not the best idea. In an ideal world, I'd keep this purchase for 15+ years but I also recognize that I drive so little now that it would probably take that long just to break even on the fuel over a 7.3 gas f-250. I do like the idea of additional clearance of the 3/4 ton trucks over something like the f-150.
In 2000 I bought a 95 F250 powerstroke with 60k for $10k. I lived in a travel trailer full time, so for the next 7 years I put another 100k on it, almost all of it towing 10k lbs. My wife at the time smacked it up when she sideswiped a parking bollard, someone rear ended me and bent the bumper, and it was broken into once and had the radio stolen. (why on earth anyone would have stolen a factory AM/FM deck is beyond me). Overall, I collected $3400 in insurance checks and never got it fixed. I sold it at 164k for $7100, so I made money on it. The guy who bought it lived in NV. He put new body panels on it and drove it almost never. Just about 3 years ago it popped up for sale with 180k miles and he sold it for $15,700. Edit... he was asking $15.7k and it sold within about a day, so not sure what the actual selling price was.
I only mention that story to demonstrate how a "low" mileage example can bring stoopid money. I would love to have another 7.3L, but you're right... it's just randomly inflated in price on an old vehicle. My sweet spot for diesels is pre-DPF but after they got too complicated, which (for my personal taste) narrows that field down to exactly one engine - an 05-07 Duramax LLY/LBZ. The last years of the 24v Cummins (98.5-07) were fine brutes, but they absolutely ate transmissions (I used to run transmission repair shops) and didn't score very high in the noise and vibes department. They also tend to carry a hefty "dodge tax," or as we in Texas used to call it, the "mullet tax." The 6.0L Powerstrokes of those years can be a decent bet if someone else footed the bill for the major repairs. As someone else mentioned, you have to take the cab off the frame to do most of the repairs on them. EGR coolers, oil coolers, head gaskets... all were problems. If properly fixed, it's a great engine, and you get to possibly take advantage of its poor reputation for your wallet. The 6.4 suffered from many of the same problems, but they are off my radar because of DPFs. An example would by a 6.0L 'stroke van that my friend bought from the state (PA). It was a road construction crew transport. It had the major overhaul/bulletproofing done at 80k, and it was still going strong with 290k when my buddy bought it for $2300 from a surplus auction.
Long story short... if I were looking for a diesel truck right now and I had the money, I would be looking for LBZ/LLY. The earlier (up to 04) LB7s aren't bad, but they were the ones with the poor injectors. As long as they've been done by someone else's wallet, great engine. They don't have quite the refinement and lack the VVT turbo you get in the LBZ/LLY, but still nice trucks. Many of the LBZ/LLY also got the upgraded 6 speed Allison which (in my opinion) is a far smoother, nicer box with much better tow/haul programming. LMM started in 08 and has the DPF. Dad's 08 is super smooth and quiet, but I'm a fan of simplicity and MPG.