Non Running Truck - Is a truck like this worth it?

This truck just sold for $6.600.00

 

Could simply be a bank repo. Banks are not in the business of selling used trucks. They simply send them to auction, get what they can and cut their losses.

 

Back when the economy sank, I bought several repo trucks from the local bank. They were all non running late model trucks. Most I gave $1,500- $2,500 for. I'd get them running and resell them. None of them had anything major other than I had to put a clutch in a couple of them. Most of the problems encountered were just due for sitting for a extended period of time.

I also bought a '94 w900 KW with a hole in the block (red top n14) for $10,000. I'm still running that truck. You can take a '94 truck compared to a 2014 truck, both with major problems, I'll give more for the '94 as it's not going to take nearly as much money to get going. I can do a complete rebuild on a n14 Cummins for around $5K, if I do the work myself. People in this thread are talking $30K- $40K for a late model engine rebuild? No thanks.

 

Yep. Newer trucks cost 30 to 40k fir a rebuild. I can buy 2 crate engines for my old truck for that.

 

Jeez, you two giving me ideas. There is a yard up the road filled with old iron just rotting away...

 

I once took a look at an invoice for a 15L Isuzu reman I installed in an excavator a few years back. $95k.

 

WHOA.

I got 4 engines rebuilt to my credit back in the day, there was a mid 60's ford dump V8 that did well, a 1948 Caddy that did really well once the blue smoke after first hour filled the shop and gassed everyone... I was worried about that one,, the valves themselves had to be turned at a exact angle to meet and mate with the head to close and seal properly. Turning little warped ovals to round with the tools in that one room required some bad words, sweat and blood out of me to do it right. I think a few were discarded because they refused to accept sledge hammer persuasion back to spec. The push rods were slack as a ##### and took a bit of rolling to get straight.

If that was not bad enough the rest of the class demonstrated jealousy and bullied me for the high technical work with the stupid engine that I had to learn as I go. Top dead center? Sure. let's learn that today in 45 minutes. UGH. I fought with the class and won. Dumbkopfts. But took a year to heal though...

But that engine ran.

The last two were just grind outs of the oval cylinders, a monkey can do that.

 

Go drag one out, fix it, and put it on the road. May not have the creature comforts of the newer trucks but your pocket book will thank you.

That's insane. I don't know what size excavator we are talking about but you could buy another pretty nice one for $95K. I'd seriously consider hauling it to the scrap yard before I spent that much.

 

850 Hitachi. Worth about $850,000ish Cdn new IIRC.

 

Ya but to be fair that isn't an on highway engine. Heavy equipment engines have always carried a premium price tag over highway engines. But still 95k is just stupid. I can pick up a nice ready to work excavator at auction for half of that.