Originally Posted by markeb01
Here’s my attempt at some realistic guideline numbers. Every value can be argued but generally condition of the sheet metal is more important than any other factor or feature. Big or small, long or short, wide or narrow, V8 or 6 are all secondary to condition. Next is availability in your area and demand or interest. Third is the reality of these are old trucks, or collectible/special interest trucks. They are not 57 Chevy convertibles, no matter how nice and do not benefit from the same volume of enthusiasts driving the prices up. It’s easy to spend $20,000 building a truck that ends up worth half that amount.
Here’s my guess at a range of prices:
For $2,000 the truck should be complete and restorable with nothing worse than typical rust in the usual places. There should be no damage to the roof (including the addition of a sunroof), and no severe rust above the windshield. All major parts should be usable or repairable, although there may be dents in the bodywork or grille. There should be a clear title. The truck may or may not run, or run well. Cost of repairs for severe rust or roof damage can make a truck not worth buying at all.
$3,000 - $5,000 should buy a truck that runs reliably, in better condition than noted above, and perhaps with some extra features or options.
$6,000 – $8,000 the truck should be either incredibly original/exceptional condition, or have upgrades like power steering, disc brakes, new wood, paint, or upholstery already completed.
$10,000 – everything in mint condition and complete. Either a brand new original truck, or something fixed up worthy of magazine coverage. “Everything” new or rebuilt, and wearing perfectly detailed paint, glass, upholstery, wheels, suspension, etc.
$15,000 - $20,000 & above – a 100% restoration, or a high end custom truck with many special features. Lots of chrome, full leather interior, air conditioning, exotic engine, brakes and/or suspension. Very few 60-66 trucks end up in this price range regardless of how much has been spent on them.
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