Hi all, I am new to the forum. I've been driving on and off now for about 5 years now. I've been working in the Bakken, doing water, and gravel. I have been toying with the idea of buying my own truck for about a year now. Just the other day a friend who is leaving the business, offered to sell me an 04 Pete 387 he had been using as a car hauler. It has a Caterpillar engine and 12 speed auto shift. Million miles. Wants 9500 beans. The lower is the original, has not been re-done, the guy said it does not use oil.
The problem is that he had just had the cylinder head re-done, but the mechanic installed some sensor incorrectly and now the engine will not start until the head is pulled and the sensor I re-installed.
Also, prior to this it was sitting in a field for something like 2-3 years. I will get the particulars very soon.
My questions are: Is an 04 Pete that is not running worth even 9500, regardless of what anyone says the problem is. And what kind of problems would you expect if it does start to run, since it has been sitting for so long?
Normally I wouldn't touch anything that doesn't run or has been sitting for a long time with a 10 foot pole, and this is both....but I thought I would as for your opinions.
Buying 04 Pete 387?
Discussion in 'Ask An Owner Operator' started by The Greaseman, Feb 17, 2017.
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That's a while to be sitting. The question is what is worth to you. You have to figure the money you have to put into it to get it up to working. Now compare it to the price of a working 04 Pete. I do believe you would come out better with a working 04 Pete 387. I hope all goes well for you.
The Greaseman and scottlav46 Thank this. -
I work for a used truck dealer and my opinion is that its not worth the money, there are a couple of reasons.
The 12 speed auto must be a ZF Meritor Freedom, they were the only ones that had 12 speed auto at the time and they were a nightmare, those trucks are worth nothing these days.
I also think with the engine you could end up spending a big amount of money to get this truck running well, it will be a money pit.The Greaseman and ibcalm19 Thank this. -
I agree it sounds like a money pit. Might even have a bridge motor in it.
The Greaseman Thanks this. -
Drove 2 trucks with the cat bridge motors. 1 a w900 18spd trans 3:55 rears. The T 800 10 speed unknown rear ratio. Both struggled to get 5mpg doing the same work and routes as with a previous w900 with a 60 series Detroit 10 speed, 370 rears at 6.1 mpg. So if it is a bridge motor you may have added fuel costs.
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Expect to spend some $$$. Count on a minimum of all new tires if its been sitting outdoors. No overhaul on 1 mil count on it needing that in the next 100-200k. Autoshift = junk IMHO. I think a guy could find something better.
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I'm with everyone else here, it sounds like a money pit. There are probably many other early 00's 387's out there with better motors (like a MBN or 6NZ) and need less work.
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diesel drinker Thanks this.
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Last edited: Feb 17, 2017
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