Tree Hugger said:
Just curious. How much did something like that cost when new?
Is the high resale value these consistently have mostly because:
1 - They don't make them anymore
and
2 - They are just freaking beasts?
It's just cool to see something that you can own for a long time, use the hell out of it, and still get some quality money for when it is time to sell.
Because the 7.3L is known for going long service intervals without major rebuilds. Only needs normal maintenance like filters and good clean fluids. They will need glow plugs, GP wiring harnesses (part of the Valve cover gaskets) and a sensor here and there.
There are many companies out there that will 'make' you an excursion out of your exisiting truck. Custom Autos By Tim is one of better known outfits.
They are beasts, but they're also dinosaurs. The 4WD Excursion never got the coil spring front suspension, and its still safety technology thats almost 20 years old. Dont get me wrong, I think they're cool as hell and I'd rock one, but you have to also take in consideration like every older vehicle, regardless of mileage, that everything else wears from time. Rubber parts like belts, hoses, body mounts, seals, other things like sensors, radiators, heater cores, solenoids etc all will require attention.
If you're not scared, have tools and can DIY and aren't bothered by renting a car or hitching a ride with a friend in case a weekend project spills over to wednesday, I'd say do it.
Its not just Excursions. I see it in a lot of other car forums I frequent. The 80 series land cruisers are like this now. Many guys buy a rig in decent shape for $10-20K, justify it as a 'no car note/it'll run forever/nostalgia/easy to work on' but the first time the fuel pump relay fails or the PHH bursts on their way to take the kiddo to soccer practice or to get their PSL from Starbucks, they get on MUD and post about if they should sell it because its a POS. Most recently its on the Mercedes Diesel forums. Last week a guy posted that he traded his 2013 Nissan Sentra for a 1981 Mercedes 300SD with only 81K miles. Later we find out the odometer has been broken (common issue, if he just searched), someone pulled a carfax and its had 81K on it since 2003. To top it off, he works as a grocery store stocker, so his budget for repairs/mods is $43.88. But he starts threads on 'mods' like cutting a hole in the hood for exhaust, and how to get more power out of the engine. Everyone is telling him to 'baseline' the car (get it back to stock running condition, address all maintenance items, leaks etc), but he's going to autozone for a Spectre Air filter and some cheap chinese silicone clamps and deleting the air filter assembly.
Anyway, didn't mean to derail.
TL;DR: Older vehicles are cool if you have the time and patience and money to keep them on the road.