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07-12-2012, 09:48 PM
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#1 |
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Square
Join Date: Feb 2011
Location: Phoenix Arizona
Posts: 1,568
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How much of a loss are you willing to take?
So, I decided it was time for a new project. Something a little older in mind. But it seems as I browse around pretty much no one is getting what they want money wise out of their squares. I have my truck listed locally at about 8k less than I have invested in it and I still only have received crap trade offers and low ballers. should I really expect to take that much of a hit on my truck? Or is right now not the time to sell? Dont get me wrong. I know that I wasnt going to make money on the deal. but dang. any advise from anyone who has sold recently?
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Squarebody Syndicate |
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07-12-2012, 09:51 PM
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#2 |
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C/10 junkie
Join Date: Nov 2010
Location: Stockton Ca
Posts: 9,094
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Re: How much of a loss are you willing to take?
On my 72 lwb I had $6200 in it and sold it for $3800. In all honesty I figured I would of been lucky to get $3500 but I had my my mind made up that I wanted a short bed so I didn't care about the loss. My 80 swb I made about $100 on it
 Posted via Mobile Device
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Shawn 70 LWB C10 current driver/project http://67-72chevytrucks.com/vboard/s...d.php?t=663051 68 SWB C10 Work in progress.....SOLD http://67-72chevytrucks.com/vboard/s...d.php?t=559520 72 LWB C10 Sold 71 LWB C10 Sold 68 LWB C10 CST Sold http://youtu.be/kbB0QrBIs9k My mom always had the best advice. It was just a tad late. After a fall that involved blood, she'd say....."Careful!" 
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07-12-2012, 09:59 PM
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#3 |
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Registered User
Join Date: Jul 2008
Location: Show low,az
Posts: 808
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Re: How much of a loss are you willing to take?
You never get out of it what you paid into it. I have always followed this motto with my project trucks.
The only Trucks I make money on are the ones I buy, then run through the car wash Armorall all the tire's and plastic then immediately resell. Also being from Mesa I know chevy trucks are a dime a dozen. Try advertising on Craigslist on the north eastern side of the country. Any where rust is a big issue.
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1978 C10 Silverado Big 10 350/350.. play toy 1990 V1500 Suburban 350/700r4..Daily driver 1987 K10 Silverado 383/400.. Wife's rig WRECKED! 1989 V2500 Suburban 350/400.. SOLD! 1974 C10 Custom10 LWB 350/350.. SOLD! 1974 C10 Custom10 SWB 350/400.. SOLD! 1999 Silverado Z71 LS1.. Wife's rig WRECKED! On the hunt for a new project....... I'm a Chevy guy.....I'm just not a "NEW" Chevy guy. |
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07-12-2012, 10:25 PM
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#4 |
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Registered User
Join Date: Jun 2012
Location: okc, OKlahoma
Posts: 483
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Re: How much of a loss are you willing to take?
Just keep it! If you have plans to have children which i have no clue if you do now or not, that would make a great first driver IMO! i would have killed to had a truck like that one i do now for my first set of wheels even tho i really havent done anything to mine yet!
 
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07-12-2012, 10:28 PM
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#5 | |
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Square
Join Date: Feb 2011
Location: Phoenix Arizona
Posts: 1,568
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Re: How much of a loss are you willing to take?
Quote:
) a little over a month ago!
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Squarebody Syndicate |
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07-12-2012, 10:36 PM
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#6 | |
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Registered User
Join Date: Jun 2012
Location: okc, OKlahoma
Posts: 483
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Re: How much of a loss are you willing to take?
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07-13-2012, 09:57 PM
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#7 | |
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It'd be alot cooler if you did
Join Date: May 2003
Location: Three Rivers, MI
Posts: 2,345
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Re: How much of a loss are you willing to take?
Quote:
Posted via Mobile Device |
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07-13-2012, 10:32 PM
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#8 | |
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Registered User
Join Date: Oct 2009
Location: Prescott, Arizona
Posts: 2,396
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Re: How much of a loss are you willing to take?
Quote:
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07-14-2012, 01:08 AM
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#9 | |
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Registered User
Join Date: Jul 2008
Location: Show low,az
Posts: 808
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Re: How much of a loss are you willing to take?
Quote:
 And Ill make sure to say how rust free it is and how Every bolt and nut can be removed with ease!!!! 
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1978 C10 Silverado Big 10 350/350.. play toy 1990 V1500 Suburban 350/700r4..Daily driver 1987 K10 Silverado 383/400.. Wife's rig WRECKED! 1989 V2500 Suburban 350/400.. SOLD! 1974 C10 Custom10 LWB 350/350.. SOLD! 1974 C10 Custom10 SWB 350/400.. SOLD! 1999 Silverado Z71 LS1.. Wife's rig WRECKED! On the hunt for a new project....... I'm a Chevy guy.....I'm just not a "NEW" Chevy guy. |
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07-12-2012, 09:57 PM
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#10 | |
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Registered User
Join Date: Jun 2012
Location: charlotte, north carolina
Posts: 950
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Re: How much of a loss are you willing to take?
Quote:
Posted via Mobile Device
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1969 chevy camaro Z28 #matchin Factory 4wheel disc 1969 chevy cst10 big block overdrive 5/7 drop dog dishs 1997 gmc yukon 2 door 2 wheel drive project 4/5.5 22s 2004 gmc sierra dually 4/4 lowering daily driver |
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07-12-2012, 09:58 PM
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#11 |
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Registered User
Join Date: Jan 2011
Location: Quincy, FL
Posts: 533
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Re: How much of a loss are you willing to take?
Not knowing your truck, it's condition and what you are asking, I will give some generic info.
Gerenally you can look to get .25 on the dollar what you have spent (not invested) in an older/desireable vehicle. The exception is special collectable ones. The market is not the best in the world but people find money for toys. You also suggest to what else is on the market, which right now is a lot, if there are several nice originals for 4k and you are asking 8k for a fresh one the 4k will win. It really will come down to how unique and how well done your truck is. |
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07-12-2012, 10:27 PM
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#12 |
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Square
Join Date: Feb 2011
Location: Phoenix Arizona
Posts: 1,568
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Re: How much of a loss are you willing to take?
I dont really want to put info on the sale of the truck here so I dont break the site rules.
but as far as the truck I have a thread on it that can be viewed here http://67-72chevytrucks.com/vboard/s...d.php?t=447705 I feel Like I have it priced below what similar trucks are going for. I have seen hack job trucks with 1/25th the work and customizing that are asking way too much, so I started low on my price instead of high and then dropping it every few days. maybe I should have done that?
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Squarebody Syndicate |
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07-12-2012, 10:32 PM
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#13 |
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Registered User
Join Date: Jun 2011
Location: Baytown TX
Posts: 2,219
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Re: How much of a loss are you willing to take?
Last week a guy pulled up to my house and offered my wife 8K for my 82, if I would take that I would loose about 1K on my truck but Im "not" selling it. "If" I was to put it on CL with all the other 73-87's out there I would probably be real lucky to get 5K-6K and easily loose 3K-4K. Good thing my wife wasnt mad at me at the time.
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John 82 Chevy Silverado 350ci/TH350 
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07-13-2012, 12:10 PM
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#14 | |
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Registered User
Join Date: Jan 2011
Location: Gainesville, TX
Posts: 144
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Re: How much of a loss are you willing to take?
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07-16-2012, 08:57 PM
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#16 | |
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Square
Join Date: Feb 2011
Location: Phoenix Arizona
Posts: 1,568
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Re: How much of a loss are you willing to take?
Quote:
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Squarebody Syndicate |
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07-16-2012, 09:37 PM
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#17 | |
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Registered User
Join Date: Jan 2011
Location: Quincy, FL
Posts: 533
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Re: How much of a loss are you willing to take?
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07-16-2012, 10:26 PM
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#18 | |
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Registered User
Join Date: Oct 2003
Location: houston, texas
Posts: 1,974
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Re: How much of a loss are you willing to take?
Quote:
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2008 Silverado Z71 RCSB 1991 GMC Jimmy 4x4 1976 GMC Sierra C15 SWB |
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07-16-2012, 10:34 PM
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#19 |
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Registered User
Join Date: Oct 2009
Location: Prescott, Arizona
Posts: 2,396
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Re: How much of a loss are you willing to take?
The magic 8 ball has spoken
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07-12-2012, 10:34 PM
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#20 |
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Square
Join Date: Feb 2011
Location: Phoenix Arizona
Posts: 1,568
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Re: How much of a loss are you willing to take?
send that guy my way!
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Squarebody Syndicate |
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07-12-2012, 10:51 PM
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#21 |
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Registered User
Join Date: Jun 2011
Location: Atlanta ga
Posts: 150
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Re: How much of a loss are you willing to take?
As a minimum, I always try to make at least $200~$500 over the total amount of money that I have in the project (not factoring in cash value of time). If you factor in your time of working on the project, you'll just cry. It is easy to spend hundreds of hours working on a project.
The only car that I total lost my shirt on was a 1968 mustang that was a total basket case. After all of the problems presented themselves, I wanted to get out of it before we got to deep, but it was the wife's car (baby). Yep I lost about $3K on that project. Lesson learnt...no more stinky Mustangs.  Your truck is way customized and very cool! However, I don't know if the average dude is going to like the patina paint job. You may need to have the paint touched up.
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1984 C20, 454, 4 speed named "Gold Member" |
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07-13-2012, 12:14 AM
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#22 |
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Registered User
Join Date: Jan 2011
Location: Tulsa,Okla
Posts: 590
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Re: How much of a loss are you willing to take?
Broey, Your truck is way cool. When you build anything you have to always remember what you like may not appeal to everyone. Your truck is radical (by most standards), and even though radical is cool it's not practical to most. So your market is severely reduced. It will sell, and should bring what you want(I checked it out) but it will take time for the one person that can't live without it to come along. You might have to do some trading for something that's easier to sell, I have done that many times, it may not be something I wanted but I knew it was something that would be easier to sell. Good luck. Hate to see you sell it though.
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"Whoever said money can't buy happiness has obviously never seen a speed shop! |
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07-13-2012, 03:20 AM
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#23 |
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Registered User
 
Join Date: Mar 2012
Location: Anchorage, AK
Posts: 351
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Re: How much of a loss are you willing to take?
I put my last project on CL and was downright offended at some of the offers I got for it, had a bunch of calls, everybody wanted it, but no one wanted to give me even close to half of what I had into it. So I decided to keep it, not gonna take that kind of a loss on it for some jack-leg to go and destroy it in the Alaskan mud!
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1988 Chevy Crew Cab 1ton 4x4 SRW LWB 1977 Dodge 1 ton 4x4 My Build Thread: http://67-72chevytrucks.com/vboard/s...d.php?t=516872  "The price of Freedom is Eternal Vigilance"
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07-13-2012, 07:12 AM
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#24 | |
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The One And Only !!!
Join Date: Jan 2007
Location: Hole in the woods Florida
Posts: 4,567
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Re: How much of a loss are you willing to take?
Quote:
I did the same thing 5 yrs ago, That vehicle is still sit'n out under the canopy..... I'm not giving my chit away to no one.....
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93 Jeep XJ 88 Buick La Sabra Toys; 88 TA-GTA in the works.... 97 GMC Ext. Cab 502 Crate 5 Spd......Sucks Gas But Haulz Azz !  The primary function of an Engineer is to make it difficult for the Fabricator and impossible for the Mechanic. "Why go out preserved when you can go out beat up, worn out, sliding in sideways screaming, Holy Sh!t What A Ride" !!!
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07-13-2012, 06:55 AM
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#25 |
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Registered User
Join Date: Jun 2008
Location: Lubbock, TX
Posts: 2,047
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Re: How much of a loss are you willing to take?
Timing is a big part of it.
Try to sell from the middle of January through April. Tax refund time!!! |
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