Talk some sense into me.
Last week I put a $500 deposit down on a 2014 Ford F-150 V8. Everything on the truck looked good, ran and drove good. It was supposed to be a 2-3 day ordeal. Dealer went to inspect and prepare for registration and it won’t pass emissions due to a CEL. I do not know the CEL code but it has to do with a cold start misfire. Did some research and apparently common problem with the 5.0 - worn valves causing low compression on cold start. There could be a slight possibility of it being coil/plug related but everything is pointing to worn valves. Mainly due to it going away once the engine warms up.
Dealer said they would refund deposit if it needs a valve job and sent it back to their mechanic for diagnosis(they don’t want to pay for a 3k repair either). But who knows if they can rig it to last long enough for me to take delivery.
Now my anxiety is through the roof. I don’t want to buy into another headache. Do I walk, take the $500 loss to avoid buying into a $16k headache/$3000 valve job?
The business side of me is saying take a small loss to avoid a bigger loss. But my personal finance side is trying to not take any losses.
My next option would probably be a 5.7 Hemi or GM 5.3 which both are known to have their own valve train problems. I don’t want to touch Toyota or Nissan due to prior bad experiences with them.
Last week I put a $500 deposit down on a 2014 Ford F-150 V8. Everything on the truck looked good, ran and drove good. It was supposed to be a 2-3 day ordeal. Dealer went to inspect and prepare for registration and it won’t pass emissions due to a CEL. I do not know the CEL code but it has to do with a cold start misfire. Did some research and apparently common problem with the 5.0 - worn valves causing low compression on cold start. There could be a slight possibility of it being coil/plug related but everything is pointing to worn valves. Mainly due to it going away once the engine warms up.
Dealer said they would refund deposit if it needs a valve job and sent it back to their mechanic for diagnosis(they don’t want to pay for a 3k repair either). But who knows if they can rig it to last long enough for me to take delivery.
Now my anxiety is through the roof. I don’t want to buy into another headache. Do I walk, take the $500 loss to avoid buying into a $16k headache/$3000 valve job?
The business side of me is saying take a small loss to avoid a bigger loss. But my personal finance side is trying to not take any losses.
My next option would probably be a 5.7 Hemi or GM 5.3 which both are known to have their own valve train problems. I don’t want to touch Toyota or Nissan due to prior bad experiences with them.