Don't Ruin The Value Of Classic Trucks

[greenbd71]

It bothers me to see people selling restored classic Chevy Trucks at such a low price that it hurts the truck market. I know Chevy Truck guys don't want to put alot of money into a truck that if they ever go to sell it that they can not get some kind of return on it. I watch classic muscle car auctions and when a super nice truck that you can see they put tons of money into go for half of what it's worth. I think the Classic Truck market needs to step up so these trucks get the respect they deserve I look on Ebay and see some real nice trucks going for very little money. I know the economy is soft now, but these trucks are slowly disappearing. It is getting hard to find a nice one that is not rusting away or been cut and chopped. I really love Chevy Trucks and just want to give them a better value than what I am seeing on the market.

[jholley]

Value is only determined by what people will pay for something, doesn't matter how much money or time you have invested. I'm with you bro. I think our trucks are undervalued, especially when someone puts some time into them but I don't think they will ever be as desirable as a 69 Camaro or a 57 Chevy.

[67_C-30]

Welcome to the board! I get what you are saying, but I think the whole market is way over inflated, especially musclecars. I like that these trucks are still relatively affordable. The super nice ones bring pretty big money, but there's no way they will ever be close to the cars. They were just too many made, and none are particularly rare. You'll find here though there is no shortage of guys spending lots of money on these trucks, and no shortage of guys that place these trucks above any other car/truck. You seem to care about these trucks, so you have come to the right place!

[72swb_327stroker_?]

LETS ALL STRIKE!!!

... Crap, that's the wrong sign, isn't it?....
oh well...
STRIKE......STRIKE......





No?







nothing?













nobody?

















well, it was worth a shot.....

how about a slow clap?

[big mike71]

[QUOTE=72swb_327stroker_?;3892266]LETS ALL STRIKE!!!

... Crap, that's the wrong sign, isn't it?....
oh well...
STRIKE......STRIKE......

Give me beer is never the wrong sign.

[VA72C10]

I think that the market will improve for these trucks as the overall economy improves, but there had to be a correction....seeing daily driver quality shortbeds selling for 25K was ridiculous. Now more people can get into the hobby.

What's really crazy right now is how cheap really nice projects have been selling for. I've seen several that had 15-20K worth of parts sit not selling for 5K. I just bought an abandoned project that was worth well over double in parts than what I paid for it but even the parts aren't selling for as much right now.

[Fitz]

Originally Posted by greenbd71

I watch classic muscle car auctions and when a super nice truck that you can see they put tons of money into go for half of what it's worth. I think the Classic Truck market needs to step up so these trucks get the respect they deserve

OK, you step right up. I'll wait for you to buy one at the price the SELLER wants!!

[prostreetC-10]

Perhaps you have never been one payment away from loosing your home or are trying to put food on a table. I'm not trying to be a jerk but desperate people do desperate things. When "life" happens and people need money really bad and really fast, they dump things that might not really matter in the big picture. I can't believe the stories I have heard about hard times lately. Sometimes people can't wait until the right buyer with the disposable income comes around. It's happening with Camaros, Mustangs and a lot of other makes/models. I really think the whole Barrett/Jackson thing got way out of control a few years back. Stuff is just now starting to settle to wards its real value which can only be determined by what someone is willing to pay.

Welcome to the board. It's a great place to shoot the breeze.

[Tx Firefighter]

You're a fool to call judgment on someone selling something until you have walked in their shoes.

Only they know what factors are influencing the sale.

[68C15]

welcome to the best site in the world. I'm glad you joined.

I would rather see these trucks on the road or in the field working than sitting in a decked out garage collecting dust.
do you want a trophy wife whose sole purpose is to look good or one that has fun with you, cleans the house and makes you dinner?

not being mean, just stating my opinion.

[cdowns]

i love old and cheap

[prostreetC-10]

Originally Posted by cdowns

i love old and cheap

I think that's what I'm going to call my next escort service!!!!

[Beuford]

Originally Posted by cdowns

i love old and cheap

Hey Cdowns,I might be cheap but I ain't easy! And I'm retired not old. :-) LOL

I'm glad to see alot of the younger guys being able to afford these trucks and appreciate classic trucks first hand. For a long time classic cars and trucks were priced out of reach of the common working man. Not every one has a 6 figure disposable income. A lot of the trucks and cars are what I call wallet rides. They take them to a shop and pick them up when they're done. Thats not hot rodding. You build what you want the way you want or can and drive it.........thats hotrodding. I guess I'm old school sorry for the rant.

[special-K]

Who decided it was time to get all your money back out of you pleasure anyway?It never used to be that way.Everything,including trucks,is way over priced since the "buy-ins" caught onto the working man`s pleasures.I can`t wait until they hop onto the next bandwagon and toss these trucks to the side.These aren`t investments,they are vehicles.

[68C15]

Originally Posted by special-K

These aren`t investments,they are vehicles.

good phrase, that is the whole point right there.

[Old Yeller 1970]

Welcome to the board. As others have said, these trucks and anything else in life is only worth what someone is willing to pay for it. I put a lot more money into Old Yeller than what the market would ever pay me for it but Old Yeller is family, not just a truck, and is not for sale at any price.

[fishingjred73]

Originally Posted by cdowns

i love old and cheap

Originally Posted by special-K

Who decided it was time to get all your money back out of you pleasure anyway?It never used to be that way.Everything,including trucks,is way over priced since the "buy-ins" caught onto the working man`s pleasures.I can`t wait until they hop onto the next bandwagon and toss these trucks to the side.These aren`t investments,they are vehicles.

Originally Posted by Old Yeller 1970

Welcome to the board. As others have said, these trucks and anything else in life is only worth what someone is willing to pay for it. I put a lot more money into Old Yeller than what the market would ever pay me for it but Old Yeller is family, not just a truck, and is not for sale at any price.

Amen, Amen, and Amen!

[Stocker]

Welcome to the board! Like many others here, I am glad to see prices remain reasonably affordable on these old trucks. I would hate to see them priced out of reach of the average enthusiast.

It's not unusual for prices of various commodities to shoot up, often for no apparent reason... and eventually decline towards a more reasonable level. In the end, stuff is only worth as much as someone is willing to pay.

[Shane]

they were millions of these trucks produced and the current market & prices reflect that.
these trucks will never be on the same level as chevelles, camaros or corvettes.

they're trucks.

[marcsRX]

Originally Posted by Shane

they were millions of these trucks produced and the current market & prices reflect that.
these trucks will never be on the same level as chevelles, camaros or corvettes.

they're trucks.

That's what i love about em. While they may have made millions, I still see less of em around even compared to chevelles and camaros. They have all the same potential to rock down the track, but with a boat load of practicality. Not to mention there are so many ways to go about restoring or customizing them.

[prostreetC-10]

Originally Posted by Shane

they were millions of these trucks produced and the current market & prices reflect that.
these trucks will never be on the same level as chevelles, camaros or corvettes.

they're trucks.

Better watch it Shane. I made a comment about a year ago that went something like this ".....it's not like these are Camaros!" and Special K jumped all over me!!!!!!!!! LOL

I do agree it's pretty cool how cheap you can get these even for parts. A wrecked '69 Camaro still goes for BANK and one of these goes for about $200-$300.

[capev86]

unless you have the name coddington or foose, you aren't gonna see a full return on your investment unless you get the right buyer. just look at the money you spend on maintaining a regular (modern) daily driver.....it can be a sizable percentage of the original cost of the vehicle. now, you take your rusty vintage truck to be restored which will require A LOT of specialized work and parts all at once. I like to see classic vehicles become popular so that they will be saved, but on the flip side when everyone wants into the club the price goes up!

its like with oceanfront property. 100 years ago middle income families could afford them because the super rich all stayed at fancy victorian hotels and thus the demand wasn't there and the price was reasonable. back in the teens, my great grandparents bought a big victorian on the quiet southern end of old orchard beach (saco, maine). in 1990 my grandfather had to sell it because the taxes were through the roof and only made what would build an average starter home today for it. a year later it was resold to a couple that only wanted the land and they tore it down to build some ugly modern house not in keeping with the location. the property next door just sold for 2 million and the house wasn't nearly as vintage as ours had been. it was the same idea.....the demand for ocean front land that requires a millionaires salary to acquire now. money has truly become the bane of human existence. if you have enough of it, you can do ANYTHING you want. don't even get me started on politics!

[AusTx68]

Originally Posted by prostreetC-10

. A wrecked '69 Camaro still goes for BANK and one of these goes for about $200-$300.

Yep..just saw this today:
http://austin.craigslist.org/cto/1669629280.html

[68GMCCustom]

LMAO!

Someone comes to the site and makes one (thats right...post count STILL says 1) "flaming" post...and then just sits back to watch all the action. LOL!

[epashhans]

Great thread! Haha. You don't see these every day.

I still see, on a daily basis, people asking ridiculous amounts for their old trucks. And most of them aren't worth half of what the owner is asking (in most cases). So I don't entirely agree on the market being hurt. If its been hurt at all, its from the inflated value people have in their heads from watching the high end auctions. Its amazing how much difference there is from high to low end asking prices. Yep, its not to hard to find someone asking +20k for a truck. And yep, I've see guys asking $500. Thats a big spread! But there are a lot of good trucks to be found for reasonable money, and yes, because of this economy, I think we are seeing more come around for decent prices. But I have also seen more and more muscle cars coming around for better prices as well. Self preservation in times like these is way more important than an old vehicle. Its also a great time to grab a truck or car that in the past 5-10 years you couldn't afford! Its the only way I could finally get a '67 small window short bed fleet I had been dreaming about for years. If you are looking for an investment, buy some stock. I will continue to put money into my truck so I can further enjoy it. And I enjoy working on it. I enjoy looking at it. I enjoy talking about it. I enjoy the camaraderie that comes along with it and fellow owners. And most of all, I enjoy driving and using it. You will never get the money out that you invest in parts and time. Its like owning a boat or golfing or any other hobby. It costs money to have fun sometimes. I agree, it is getting hard to find a nice one that isn't rusted our or cut up (and you will pay good money for them if you do) because people who have decent ones hold on to them because they are awesome trucks. And I would't say they are disappearing. Look around a little more...at least around here...there are tons of them parked or still driving around. Hot rods and trucks still working and everything in between. I see quite a few daily. You will find that we all agree that these trucks are under valued a lot of the time, but thats part of the appeal (and based on how much we have tied up in all our rides! haha ). We all know something that most other people don't! Right!? Shhhhh...timeless design, American made steel, reasonable-readily available parts, easy to work on, thousands of aftermarket bolt ons, fun to drive, nice riding, practical...the list goes on. I invite you to look past the price tag and spend some time on this site and you will find that these trucks are not only great trucks, but are loved by a community of some of the greatest people around who are willing to help out one another at a moments notice. Now that...well...that there is just priceless.