You might be suprised, He is not THAT high for that truck. I have sold a couple of clean one owner low mile 97's myslef. I asked 25K for them and got $22K, and $23K, out of them. One had 16K miles on it and the other had 45K miles on it. But they were in beautiful condition, garage kept, never driven in winter, and looked like NEW.
This one has a few flaws, and some guys that have the money for a truck like won't like the Modifications. It is easier to sell one that is closer to stock, or Unmolested so to say.
I saw one for sale on CL, It was a 97 F250 Ex Cab, 4x4 XLT PSD, One owner truck with 16K miles. Price was $16,500.00 I went to look at it, it was in the old guys garage with the little tennis ball hanging from the ceiling so he knew where to park it. I wallked around it one time and said "Ill take it". he said "don't you want to drive it?". I said "I don't have to, It is a new truck and I know how it drives".
I came back the next day with a check, and drove it away.
THEN, I advertised it in the Auto-RV for $25K. With this magazine it takes a week or so before the ad comes out. The probem is that the previous owner also had it advertised in the same mag, and I didn't know it, So this truck was in the magazine twice, one for $16,500, His Price, and $25K, My price.
I had a guy call on it and he said, I'm thinking you paid about 16.5K for the truck, Yup I did. He said, "You got a great deal!"
I sold it to him for $23K True Story,....
The second one was a 97 F350 reg cab 4x4 5 speed with 45K miles that I found on TDS, and flew out to New Jersey and drove it back and sold it to the owner of a Ford Dealership in KY for $22K He bought it because he knew that it would appreciate in value.
These trucks will bring some big money but they have to be low mile, clean and the stocker the better.
I think this one is worth around $22K, but well see if he sells it,...
Later,.