My brother-in-law's 1998 Pete broke down while on a load in AZ. It would need a cat head, gasket head set, thermastat cat and ex sleeve cat to be repaired. He's been quoted about $6,000 to put the Pete back on the road (including full service and labor).
Here's the truck's specs
1998 Peterbuilt 379 Extended Hood
C-15 Engine
13 Speed
Million plus miles
He assumes it's not worth repairing, so he's trying to find a buyer for his Pete as it is.
Any ideas of where to sell it (the truck is stuck in AZ) and how much for?
Broken 1998 Pete
Discussion in 'Trucks [ Eighteen Wheelers ]' started by Stetson_trucker, Jan 18, 2012.
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Put it on craigslist. With the truck being a state away (assuming he's based out of UT as well) you don't really have the luxury of sitting on it to get your price. Just be honest with the buyers about what it needs and price it about $8-10k below market value and see what happens. Does the truck have a lot of other problems? Seems like it'd have to be pretty messed up to let it go over a $6k problem. 1M miles isn't a new truck obviously but there are a lot of people who put a lot more than that on a truck.
Stetson_trucker Thanks this. -
If it doesn't have many other issues, I think it would be worth fixing.. Mine has 2 million and I rebuilt the rear ends and overhauled the engine last year... I put a whole lot more than 6k...
Stetson_trucker Thanks this. -
He will get nothing as is. Fix it and sell it or fix it and keep it.
Stetson_trucker Thanks this. -
Where does he live and why doesn't he get it towed and work on it as he gets the money.
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0h and what was the cause of failure?
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He needs the cash so he's decided to let the Pete go. Not sure about the cause of failure and as far as I know the Pete got quite a few things done over the last year.
Maybe worth posting in the marketplace forum here on TruckersReport as well and be honest about what needs doing. -
Oh and he has been quoted $12,000 as fair market value of the truck in working order, he is being screwed right?
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That sounds a bit low in working order. But the truck isn't in working order.
The repair will cost $6K, so whatever starting point he picks, that has to come off right off the bat. On top of the cost of the repair, a prospective buyer will expect a discount because he (or she) can't test-drive the truck and doesn't know if it might have other problems, like transmission damage or a bad differential or air leaks or electrical problems.
Bottom line -- he won't get much money for a truck that doesn't run.
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Or a truck I got to tow home and fix...
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