My new neighbor (I'm new to the neighborhood, not him) has an old Ford that he thinks lost the front seal in the transmission. It's a 1992 F-150 4X4 Regular Cab, 5.0l engine and auto trans. It runs fine but won't move and the 4 wheel drive has never worked since he got it 10 years ago. He told me that he was going to scrap it the other day. I told him to let me know because I would pay him scrap value for it. It's straight and fairly rust free, except for the muffler which has rotted through in a few spots. Today he came over and told me the local salvage yard would pick it up and give him $300 for it. I told him that it might be worth more than that even though it needs work in order to drive it. I don't know a lot about the value of these old Fords, but old vehicles seem to be getting more valuable every day. He said he doesn't want to mess with it and said he would be happy if I gave him $300.
What's something like this worth if it's running and driving in your area? Is it even worth messing around with?
What's something like this worth if it's running and driving in your area? Is it even worth messing around with?
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