I have a '96. F-250 Supercab, 4x4.. 200k miles and the motor is perfect. I lost an idler pulley at about 35k but that was a fluke.
As discussed... it IS the transmission that may give you problems but that is only if you tow a lot. A new one will run you $2500 (rebuilt) but for that you can get a bulletproof aftermarket rebuild.
I have never heard that the CPS was a problem in the older models. The 01's aand up have had some issues.
That motor is damn near bulletproof in my opinion. Go to http://www.thedieselstop.com/forums/f28/ for any problems or advice on what to look for. Don't get scared off by all the posts of things that are broke. I only put that to give you a place to ask questions and get advice.
If you can get it at a good price, go for it! I call my truck 'the Goat' because she has been everywhere.. down a mountain side, through mud bogs (not intentionally), crawling through rocks, and pulling a 20k fifthwheel up the Rocky Mountains. I lost my Tranny at around 120k. Haven't had any problems since.
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Today's Featured Article - A City Guy's First Tractor - by Fred Hambrecht. After living in apartments in Atlanta for more years than I care to remember, the wife and I decided to move to the country. Humming "Green Acres is the place for me..." we purchased a 29 acre tract about 60 miles south of Atlanta. Next came the house, I could talk about that ordeal for another two weeks... But, I want to talk about my tractor! We didn't even own a lawnmower, and all of a sudden we had enough grass to feed all the starving children of the bovine world. Naturally, I talked
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