Where are you located??? Location makes a difference in value. Day cab trucks in the North-East are much cheaper than in the mid-west.
The lack of a jack brake is not that big of a deal for the job you are describing you want it for. Just check the regular brakes out. If you need new drums and shoes all the parts would be under $700-800.
I disagree on the manifold in that the cost is more than Jon states. I am assuming it is a 12.7 liter engine. A new complete manifold is right at a $1000 plus installation. Now that manifold is three piece one. So you may only need one of the three. I do agree in just going with new. Used ones may crack as soon as they are hot the first time.
A used sliding fifth wheel is going to run $300-$400 for a real good used one. About any truck salvage yard will have a bunch of them.
The wet kit is a different story. You will need the pump that has the control valve for a dump trailer. Then you are talking a tank and PTO. IF you can find the setup used you are looking at $750-1000. New is going to be in the $1500-2000 range. I just installed one two weeks ago on one of our trucks. New PTO, hydraulic pump (25 GPM),tank, and hoses/couplers. I had just over $2000 grand in it.
If the low miles are really true and the cab is in good shape then the Volvo is in the market. It is not a steal. The day cab helps the value. The age and the fact it is a Volvo hurts the value. I have driven Volvo trucks they seem fine but they are 10-20% cheaper then any other brand, especially the older ones.
By the time you get it setup with good tires you could easily have another $3000-4000 in it. Your estimate of $1500-2000 is way off. Two new steering tires can easily run $1200 and that is not the top brands.
Things to keep in mind. For the miles you are running I would not be afraid of recaps on the rear. I get a good traction recap for $175 plus casing charge. So that would be about $225-230 straight out. You can also find good used pairs at the truck salvage yards.
The total would still not be bad if the truck is in good shape and the miles are correct. In an older truck like that the condition makes a BIG difference in the value. I mean maybe 50% or more. That truck is 25 years old. Also check on insurance and license in your state. Unless you are running, farm tags the cost is going to be a lot more than you are used to for your ton pickup.
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