That's a clean looking dually. I ran the numbers on NADAGuides.com, and got $9900 "clean" retail; $7450 "clean" trade-in. (it will vary, depending on your location)
I'm wondering if that data considered a manual trans.......that is a big deal. Not too many people will purchase that type
of rig, configured with that tranny.
I'm thinking the tranny not only diminished the towing capacity, but also the resale value.. . .
Robert,
If you go to that website, you can run the numbers yourself, and it's adjusted for your zip code.
Yes, I did put in the mileage you stated, and that it was a "bolt-action" transmission.
Short answer is: the truck is worth whatever he can sell it for.
JMHO, he is probably a little high, but not bad. IF you can buy it for 60% of the asking price, you would be getting a "steal of a deal."
Newbury mentioned the glow plugs and CPS. If it needs glow plugs, that's not a big deal. $200 for 8 plugs and 2 valve cover gaskets. (available from the local Navistar truck parts) Add another $2-300 for labor, if you don't DIY.
CPS is covered under a factory recall, if it has not already been replaced. (but if he's the original owner, I'm sure that he had numerous notices from Ford and has already taken care of it)