2003-2006 were junk. The 5.4l has all kind of issues. A 4.6l might be different. Check the rear door for paint problems. 80K is when everything starts going. Nickel and dime time. 13 years old, $3500 would be all its probably worth.
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Whoa! Get a second opinion. That sounds way too high.I bought a 2006 EB back in October 2016 with 90k miles on it. 12k miles later back in August 2017 the ticking started and check engine light came on as it started hesitating like it wanted to die while going 75mph on the freeway. The shop said it's the camshaft phasers going out and would be a minimum $4000 job to replace them. I sure wish I had researched these year models before purchasing one because I don't have that kind of cash laying around to get it fixed. On a positive note, it's still driving the same with the ticking and hesitation since August 2017 and hasn't left me on the side of the road yet. My average MPG has gone down from about 15 to 11 though.
Whoa! Get a second opinion. That sounds way too high.
I bought a 2006 EB back in October 2016 with 90k miles on it. 12k miles later back in August 2017 the ticking started and check engine light came on as it started hesitating like it wanted to die while going 75mph on the freeway. The shop said it's the camshaft phasers going out and would be a minimum $4000 job to replace them. I sure wish I had researched these year models before purchasing one because I don't have that kind of cash laying around to get it fixed. On a positive note, it's still driving the same with the ticking and hesitation since August 2017 and hasn't left me on the side of the road yet. My average MPG has gone down from about 15 to 11 though.
4k sounds about right actually, and I'm on the same boat as your buddy I wish I did My research but now I'm too deep $$$ to let it go and make a profit out of it.
All I can tell you is please have enough for a tow regardless of where you're at cause when eventually my original motor dried up and threw a rod I had to pay a whopping $518 for a tow cause it was off of a highway shoulder and only 2 companies in all of Illinois had the athority to pull cars off of the highway....
OP I hate to say this but it's the truth... AVOID EXPEDITIONS 2005-2006 at all costs they'e money pits and the average joe just isn't capable of facing it.