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#26 |
Registered User
![]() Join Date: Jul 2006
Location: Ozark, MO
Posts: 4,887
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Re: What are show quality trucks REALLY worth?
$20-30K. I think you see many more highly optioned, original vehicles selling to collectors in this range than customized.
I did see a very original, but tastefully modded '72 swb at a show recently that the owner was asking 29.5K for and I would have paid it in a heartbeat.
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'20 Silverado Trail Boss ~ '17 Tahoe ~ '79 K15 Sierra Grande ~ '76 Blazer 2wd ~ '71 Cheyenne swb ~ '55 Pontiac Safari ~'50 3100 bagged ~ '80 Wife ~ Late model kids
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#27 | |
Registered User
Join Date: Nov 2008
Location: Italy
Posts: 1,278
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Re: What are show quality trucks REALLY worth?
No way in hell I would give $75k for this truck but that's just me.
Quote:
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'68 C-10 SWB 383 Stroker (Sold 3/2/2013) '87 R2500 LWB 454 TBI converted to Carb ![]() Last edited by AusTx68; 09-17-2010 at 12:18 AM. |
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#28 | |
Registered User
Join Date: Aug 2009
Location: vacaville, ca
Posts: 92
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Re: What are show quality trucks REALLY worth?
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Last edited by 7dguy; 09-18-2010 at 01:34 AM. |
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#29 |
Account Suspended
Join Date: Jun 2000
Location: over yonder
Posts: 14,270
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Re: What are show quality trucks REALLY worth?
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#30 |
Registered User
Join Date: Aug 2009
Location: vacaville, ca
Posts: 92
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Re: What are show quality trucks REALLY worth?
Hmmm off the top of my head...
Buyers pay a 10% premium, as do sellers. Buyers and Sellers have to factor transportation costs into their numbers. Many times there isn't a full opportunity to investigate the history of the car being auctioned. Geopgraphy plays a big part. For examplem, Monterey, California will undoubtedly draw different bidders (and sellers) than St. Charles, Illinois. There's a great deal of emotion that goes into the bidding process itself and the "mood" changes many times throughout an event. In many cases, contingent the sales are negotiated in the tent outside before the car rolls across the block or shortly thereafter. Lots of stories of straw bidders and there are LOTS of phone numbers exchanged before and after a car is sold. From a buyers standpoint there is generally limited inventory relative to exactly what they are looking for at any particular event, so they might be more inclined to act impulsively. While I like to see what cars sell for at auctions, I'm never entirely trusting of the values. But that's just me. |
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#31 |
Account Suspended
Join Date: Jun 2000
Location: over yonder
Posts: 14,270
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Re: What are show quality trucks REALLY worth?
I disagree. Auctions are text-book examples of the market determining the price and not the seller.
Everything listed is a variable that is known "up front" by both the bidder and seller even before the bidding process starts (included costs, locations, shill bidding to drive up selling price, etc). It is very carefully calculated into the selling price by both parties during this process therefore it is a VERY big part of the value of a given vehicle. A seller can claim whatever he wishes as far as a reserve price goes, but the moment a vehicle reaches its maximum bid level then it has exhibited it's maximum worth/value on that particular day. And that price is determined by the buyer, not the seller. |
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#32 |
70+ ( Old Skool Club )
![]() Join Date: Nov 2003
Location: Saskatoon, Saskatchewan ,Canada
Posts: 9,119
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Re: What are show quality trucks REALLY worth?
I tried to attach the link from the expired Ebay page but couldn't and whether you agree or not Stacy Davids Copperhead 67 was probably as good a restored/resto/mod truck as you could find and I'm sure it brought a few more bucks cause it was Staceys' and built by him and it sold for 67,300 on Ebay.
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1972 C10 Custom/Deluxe 613 Highlander 406/700R4 1999 White Tahoe LS 4x2 with Z56 Police Package 1992 K1500 GMC Suburban Members I have personally met: MusicMan70 - HeavyD - ChewyChevy67 - StingRay -71SWB4x4 - 67 Burb - DeadheadNM - too much stuff - bc65 - das601 " Circumsatances Do Not Change Responsibility " " The Sky is not the Limit, Your Mind is." Marilyn Monroe .. RIP Charlie Watts 1941 - 2021 |
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#33 | |
Registered User
Join Date: Aug 2009
Location: vacaville, ca
Posts: 92
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Re: What are show quality trucks REALLY worth?
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#34 | |
Happy to be here
![]() Join Date: Mar 2000
Location: Cypress, TX
Posts: 39,023
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Re: What are show quality trucks REALLY worth?
Quote:
I tend to agree with Shanes perspective on the auctions. Buyers with the means to pay a premium price are prone to purchase from those sources. Where else can you go to find that many quality vehicles in one spot? I will bow out of the conversation as I see it is headed toward the typical debate of restored vs custom, and diminished return on investment. I will say that I will never agree that a truck that has been accurately restored to "original" will ever bring the profit that a "mildly modified" and updated restoration will net.
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Follow me on Facebook and Instagram @N2trux.com Articles- "Jake" the 84 to 74 crewcab "Elwood" the77_Remix 85 GMC Sierra "Scarlett" "Refining Sierra" |
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#35 | |
6>8 Plugless........
![]() Join Date: Sep 2007
Location: Prairie City, Ia
Posts: 17,140
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Re: What are show quality trucks REALLY worth?
Quote:
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Ryan 1972 Chevy Longhorn K30 Cheyenne Super, 359 Inline 6 cylinder, Auto Trans, Tilt, Diesel Tach/Vach, Buckets, Rare Rear 4-link and air ride option Build Thread 1972 GMC Sierra Grande Longhorn 4x4 1972 Chevy Cheyenne Super K20 Long Step side tilt, tach, tow hooks, AC, 350 4 speed 1972 C10 Suburban Custom Deluxe 1969 Chevy milk truck 1971 Camaro RS 5.3 BTR STG3 Cam Super T10 1940 Ford 354 Hemi 46RH Ford 9" on air ride huge project Tired of spark plugs? Check this out. |
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#36 |
Registered User
Join Date: Aug 2009
Location: vacaville, ca
Posts: 92
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Re: What are show quality trucks REALLY worth?
From what I have gathered, very well said. And my guess is the scarcity of a '70 Big Block, 115" CST will not attract much of a premium either. Considering my bias toward originality and the condition of the truck, it seems almost wrong not taking it all the way back to day 1. But the economics suggest that NOT going nuts on every nut and bolt would be more prudent.
Last edited by 7dguy; 09-17-2010 at 06:53 PM. |
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#37 |
Happy to be here
![]() Join Date: Mar 2000
Location: Cypress, TX
Posts: 39,023
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Re: What are show quality trucks REALLY worth?
I promised to bow it, but allow me to offer an example of my theory. There is an older gentleman that is a retired GM Engineer that brings a truck to the FT Worth Goodguys every year. He builds them himself and has the paint work done by someone else.
He usually builds a very clean SWB 67 or 68 that is pretty original but not at all "restored" to original. He converts them to 5 lug with power disc brake, adds a/c, power steering, etc. Quit often they have a later model motor as well. Essentially he builds them with the updates and mods that "most" of us do ourselves. He sells every one that he builds and has a waiting list for the next one... ![]()
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Follow me on Facebook and Instagram @N2trux.com Articles- "Jake" the 84 to 74 crewcab "Elwood" the77_Remix 85 GMC Sierra "Scarlett" "Refining Sierra" |
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#38 |
Old Skool Club
![]() Join Date: Jun 2001
Location: Benton, AR "The Heart of Arkansas"
Posts: 10,880
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Re: What are show quality trucks REALLY worth?
In my opinion, the value can be what the market will bear...or what someone will lay on the table to purchase it...or, it could be what your insurance will give you if it is totaled. If you have a ton'o'money in it, and you don't have it insured for what it would cost to replace it....then it's only going to be worth what your insurance company will give you for your loss.
In my opinion...THAT is what is worth. If you want it covered for what you believe it to be worth, you gotta start with an appraiser who is recognized as a "knowledgeable person".
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Member Nr. 2770 '96 GMC Sportside; 4.3/SLT - Daily driven....constantly needs washed. '69 C-10 SWB; 350/TH400 - in limbo The older I get, the better I was. |
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#39 |
Registered User
Join Date: Aug 2009
Location: vacaville, ca
Posts: 92
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Re: What are show quality trucks REALLY worth?
I'm looking at another truck and spoke at lenght with an appraiser today who cited one sale of 28K and another of 22K within the last 12 months, being the highest two confirmed transactions HE is aware of. He claims a median sale of 11K and an average of ust over 6K. Thought it might be relavent given the nature of this thread. He also noted that the market continues to decline rapidly. Met another guy who has better luck selling to Europeans.
Last edited by 7dguy; 09-27-2010 at 08:04 PM. |
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#40 | |
Registered User
Join Date: Mar 2010
Location: Austin, TX
Posts: 299
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Re: What are show quality trucks REALLY worth?
Do you think there is anyone out there that looks at that truck and says " oh my god, that is exactly what I've been looking for!!!!"
Quote:
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1972 GMC Sierra LWB (Aquafresh) 1962 Cadillac Convertible 1962 Cadillac Sedan project |
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#41 | |
VA72C10
![]() Join Date: Mar 2008
Location: Midlothian, VA
Posts: 25,269
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Re: What are show quality trucks REALLY worth?
Quote:
That being said, the market is declining on the higher end vehicles. The cheaper vehicles seem to be going up right now actually. I saw (in and around my area (VA/NC/MD) several driveable (needing full restos) trucks selling for 500-700 a few months ago...now they're back to 1000-1500
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Looking for a 67-72 swb or blazer project in or around VA. ![]() |
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#42 |
Registered User
![]() Join Date: May 2007
Location: dallas ga
Posts: 1,505
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Re: What are show quality trucks REALLY worth?
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#43 |
RAT1968 '68 Cab/'71 Parts
Join Date: Feb 2002
Location: Coarsegold, CA
Posts: 2,375
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Re: What are show quality trucks REALLY worth?
For a bunch of reasons, including geography, access, and need, I made friends with Mark and SAtan at Early Classic Enterprises during the (non-correct) resto of my last REAL truck, a metal-floor '72 SWB with a 350/350/350
(Ha!...The middle one is the HP) . The primary reason we made friends is that they were WONDERFUL to this rookie while I was building. Going waaaay further than just a bunch of folks that make a living from selling parts. Aside from the friendship, which in the long-run has been more important to me than the truck, the result was that the truck made a really large and nice "reader's ride" spread in Classic Trucks (March of '04) and landed on the ECE website. I was proud of the truck. But, alas, doo-doo happens. The truck was sold as a part of my retirement plan. I went down to ECE to check the bulletin board they have on the wall. I asked the guys what they thought I sould sell it for. They said, "Write down what you have in it". I didn't want to do that. I was already depressed enough by the realization that the proceeds of the sale had to go to spring me from the ball and chain of a 42-year work span. But I did. It came to just over $26 large. Not a show truck, mind you. Okay, enough of a truck to win a couple of local get together shows. But not like many that grace the pages of this Board. So, I made a list and then told Mark and Stan how much I had in it. They both (if I remember correctly) piped up at the same time: "Cut it in half!!!" After that, I took it to one more show. I put a for-sale sign in the front and rear window. Talked to the usual suspects all day. It won. The next day, a local guy called. He came and drove it home for $12,000. Point: The trucks bring what they bring on the day you sell them. As an investment, I absolutely believe that a lousy rate on a CD is a better idea. I respect the perspective that questions how much to put into a truck...or even car for that matter (especially if it's a '79 falcon station wagon).But our investments are made not so much for the pure dollar value of the net. The "value" is a little more esoteric. Much like a trip to Europe, or wherever, it's about the experience. Including the pleasure (HA!) of the build. I should know...I'm lame enough to be doing it all over again. Here's the first one. A few more that you can "click" on at http://www.magwa.org
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M17 Coarsegold, CA RAT's shiny now. But always a rat. Last edited by magwakeenercew2jh; 09-27-2010 at 10:33 PM. Reason: I can't spell |
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