2003 International 4700 Dump Truck value?

[ultrarunner]

A good friend of mine had a Mom and Pop Backhoe business for 50 years...

In 2003 he paid 62k for an International 4700 single axle dump with a 33,000 gvw and a 7 yard box.

It's been parked for 4 years and started weekly...

Last week he asked me if I wanted it...

It's a beautiful truck and spotless... even the alcoa aluminum rims have a mirror finish and the engine is as clean as a whistle.

Here's the problem... the truck must be retrofitted with either a new 2010 or newer engine or about 20k worth or emission upgrades to be street legal in California under the Heavy Truck Diesel Smog Regs.

If the Truck was tagged under 26,000 GVW it could continue to be operated until 2020 and then would need to be retired or retrofitted.

Either way... it is going to cost big money to use it because the law has changed.

Called the Highway Patrol to ask about changing the GVW and was told this is not possible once registered.

As much as I would like to have it... it looks like it's been regulated to scrap/salvage value.

This must be just a California thing because online, trucks like this sell for $12,000 to 18,000 and more.

I would also need to get a drivers license upgrade because it's over 26,000 GVW and not a Recreational Vehicle...

Any ideas?

 

[RDrancher]

That's a tough one, and one of the many reasons I left Ca. I just plain got tired of it.

As you mentioned, that truck is worth a good bit in the free states.

 

[ultrarunner]

My best guess is it's a California thing...

The big companies can weather the storm and the farmers banded together for tractor exemptions...

I'm suppose to let my friend know this weekend...

Thanks for the reply!

 

[Diamondpilot]

No free lunch is it?

Chris

 

[Depmandog]

It's early, perhaps I missed it...how much is he asking for this truck? It sounds like in CA this truck has only scrap value which is asinine.

My advice, buy it for a song, then list it with an online equipment auction. Quick way to make a few bucks.

 

[JJZ 109]

It's ridiculous that the older truck can't be grandfathered in. To expect people/business to pay big money to retrofit an older rig is lunacy. The truck was legal when it was manufactured, the state should let it be. Were I the owner of the truck, I'd be looking for an out of state sale like Dean mentions in the above post.
I thought New York state was overreaching. Sounds like Cali is worse yet.

 

[ultrarunner]

It's complicated because it's his baby... bought new and pampered.

I couldn't accept it... even if I paid a couple of thousand just to resell it.

Looking into the regs... there is really no way for the truck to be legally operated in California without an engine swap or an expensive PM filter added.

California's loss is a gain for the rest of the country.

The other issue for me is there is no way I can legally operate it without at least a class B commercial license even if it was just used around the farm... at 33,000 GVW there are no exceptions.

Several interesting things I have learned... The RV lobby is very strong and RV's of any year or size that are Diesel Powered are exempt... the AG lobby is very strong and any Tractors used 100% for AG are exempt... the key is 100% AG

The entire burden falls upon construction and over the road trucks...

The new laws are a huge departure in the way laws are implemented because they are retroactive...

Many of the smaller shops are simply opting to lease and the large leasing companies have the ability to move stock around to other parts of the country when it's time to sell...

As far as a free lunch... never expect something for nothing... on the other hand I don't expect my lunch to be stolen with nothing to be done.

 

[ultrarunner]

Here's an interesting link for adding off road equipment like Backhoes and Chippers, etc...

http://www.arb.ca.gov/msprog/ordiesel/faq/addingvehicles.pdf

And another one listing many more restrictions

Knowledge Center: Off-Road Equipment (In-Use) Control Measure

 

[crazyal]

Too bad you couldn't register it in a different state. Wha seams almost worthless in California would be worth so much more on the east coast.

 

[Depmandog]

You talk about Ag tractors being exempt, what about farm trucks? Anyway to list this as a farm truck to circumnavigate the regs?