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Old 07-13-2012, 02:01 PM   #26
Firebirdjones
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Re: How much of a loss are you willing to take?

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Originally Posted by 88Jimmy4x4 View Post
Most of the ones I have seen selling for alot of money were restored/rebuilt stock looking trucks without modified suspension/paint/interior etc.
That's always been sort of the "mainstay" or "trend". Heavily modded stuff starts to take on a certain taste that not everyone has, makes for a more difficult sale.

I'm thinking from Broey's post his original intention with the truck was not to build and sell??
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Old 07-13-2012, 02:13 PM   #27
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Re: How much of a loss are you willing to take?

For all the blood, sweat, and money you put into it why would you let some asshole with "more money" enjoy your pride? Only my son can have that privilege! Money gets tight but save your baby for last
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Old 07-13-2012, 06:05 PM   #28
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Re: How much of a loss are you willing to take?

This is not directed at your truck, just a general observation. If every project drug home got at least an $800 MAACO paint job, seat covers and carpet FIRST, then most projects wouldn't loose money. Shiny sells better than mechanically sound - as long as its running.

FWIW, I'm building two money-losing squares.
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Old 07-13-2012, 07:10 PM   #29
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Re: How much of a loss are you willing to take?

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I'm thinking from Broey's post his original intention with the truck was not to build and sell??
yeah, I didnt build it to try to flip it. I just want a new project. I may keep it. It doesnt help that my friends are Dino, Yezzi, and Sam (distubinglykool) who are building magazine centerfold trucks every few months! in the last 12 months I have seen them build oj, blue jay, the 65 from delmo, jackalope, the 65 pro street, big red, dinos dually, the the orange sub... the list goes on and on. yet I still have my same old truck. so it gets me antsy to build something new. but I cant seem to do it without loosing my ass. I will figure it out. there has been a ton of good advice here thanks!
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Old 07-13-2012, 08:36 PM   #30
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Re: How much of a loss are you willing to take?

One of the problem is the people with money to buy toys are looking for steals not just deals cause they are out there. They also assume the seller doesn't have money or needs money, they know the competition is low and they don't have to buy anything but most sellers have to/need to/want to sell. The deck is stacked in their favor. I'm currently playing with a guy with an unrestored Hemi Super Bee right now, the problem I have is I WANT, bad too, but I have to deal with my head not my heart.

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Old 07-13-2012, 08:52 PM   #31
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Re: How much of a loss are you willing to take?

My advice: if you can find a killer deal that you know you are paying less than its worth for, then it makes it easier to sell something you have for less than its worth and just tell yourself that the "good deal" part was a wash and you paid actual value for the next thing you picked up...

Did that with a 76 c20 about 4 years back when I picked up my 78 z28, worked out ok in the end...
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Old 07-13-2012, 09:02 PM   #32
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Re: How much of a loss are you willing to take?

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One of the problem is the people with money to buy toys are looking for steals not just deals cause they are out there. They also assume the seller doesn't have money or needs money, they know the competition is low and they don't have to buy anything but most sellers have to/need to/want to sell. The deck is stacked in their favor. I'm currently playing with a guy with an unrestored Hemi Super Bee right now, the problem I have is I WANT, bad too, but I have to deal with my head not my heart.
That example given is a completely different playing field than an old pickup truck and more in line with what I collect. Pickup trucks really have no resale value to speak of.
If that "B" is a real J code (or R code depending on the year) It's going to cost you money no matter what shape it's in. When a car of that caliber is done correctly they are 6 figure cars even in this economy. Don't expect to get that for a song.

If it's truely an unrestored example (what I prefer to collect) and has been very well preserved and shows nicely, they can bring as much as a concours restored example. The car market has really been favoring cars like this in recent years and they've grown in price substantially. Good luck on your purchase. Don't "play" too long because what ever he is asking it's a good bet someone will pay for it
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Old 07-13-2012, 09:05 PM   #33
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Re: How much of a loss are you willing to take?

Yep.
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Old 07-13-2012, 09:09 PM   #34
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Re: How much of a loss are you willing to take?

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That's always been sort of the "mainstay" or "trend". Heavily modded stuff starts to take on a certain taste that not everyone has, makes for a more difficult sale.

I'm thinking from Broey's post his original intention with the truck was not to build and sell??
original intention or not......it is what is......dont get me wrong, I would be damn proud to own his truck and drive it, I love it just like it is. However, some people like that blank canvus or just want one like it was when built unmodified....I'm just saying what I have seen sell for the most in the last year.
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Old 07-13-2012, 09:19 PM   #35
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Re: How much of a loss are you willing to take?

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original intention or not......it is what is......dont get me wrong, I would be damn proud to own his truck and drive it, I love it just like it is. However, some people like that blank canvus or just want one like it was when built unmodified....I'm just saying what I have seen sell for the most in the last year.
The intention has everything to do with it, and that's part of why he is in this situation, because he intended to keep it.

If he intended to sell it,,,he is probably smart enough to know these old squares aren't the hottest things on the market to flip so you would start with a more profitable platform. That's just it,,,he didn't intend to sell at the time of the build so the amount of money he stuck in the truck was inconsiquential at that point in time. Now the cards have changed and he may sell. Hard to get your money back now on a vehicle that has no big resale value on the market, modified or not. It's not "collectable" per say. That is what I was eluding too.

Not trying to take anything away from the mans truck. He's obviously spent time and money on this thing and enjoys every minute of it, that's what counts. It's not going to be everyones "cup of tea" either.

I agree with you and what you are saying (I think we are on the same page here), and that trend of stock vehicles selling for more money is right on the ball and I think everyone who follows the market see's that. It couldn't be more true with classic muscle. Start changing parts on a high dollar muscle car and watch the value drop thousands.
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Old 07-13-2012, 09:57 PM   #36
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Re: How much of a loss are you willing to take?

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You never get out of it what you paid into it. I have always followed this motto with my proje

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
Don't be clogging up my cl listings with crap that 1000 miles away. If us rust belters want to see what for sale in arizona we will click on arizona.
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Old 07-13-2012, 10:05 PM   #37
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Re: How much of a loss are you willing to take?

I have a 55 Bel Air 2 dr hardtop that has been for sale for a while and I cant even get a cash offer on it ,only offers of trades which Im not interested in as I am trying to downsize as I have too many toys .Im in that car real deep and cant even get a bite at $15,000 ,got $30,000 in it. If it goes it will have to go cheap ,Im not sure how much more Im willing to cut .I dont have to sell but the insurance on multiple collector cars is killing me and Im doing a frame off on my 72 shorty which aint cheap.
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Old 07-13-2012, 10:29 PM   #38
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Re: How much of a loss are you willing to take?

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The intention has everything to do with it, and that's part of why he is in this situation, because he intended to keep it.

If he intended to sell it,,,he is probably smart enough to know these old squares aren't the hottest things on the market to flip so you would start with a more profitable platform. That's just it,,,he didn't intend to sell at the time of the build so the amount of money he stuck in the truck was inconsiquential at that point in time. Now the cards have changed and he may sell. Hard to get your money back now on a vehicle that has no big resale value on the market, modified or not. It's not "collectable" per say. That is what I was eluding too.

Not trying to take anything away from the mans truck. He's obviously spent time and money on this thing and enjoys every minute of it, that's what counts. It's not going to be everyones "cup of tea" either.

I agree with you and what you are saying (I think we are on the same page here), and that trend of stock vehicles selling for more money is right on the ball and I think everyone who follows the market see's that. It couldn't be more true with classic muscle. Start changing parts on a high dollar muscle car and watch the value drop thousands.
Im with you my friend 100%

anyway...to answer the thread question.....thats a badazz truck you built broey...if I had to take a loss....I would make sure that the seller of the vehicle I replaced it with also took a loss....sorta balances out ya know....hope that makes sense....lose a deal....get a deal...ying/yang
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Old 07-13-2012, 10:32 PM   #39
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Re: How much of a loss are you willing to take?

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Don't be clogging up my cl listings with crap that 1000 miles away. If us rust belters want to see what for sale in arizona we will click on arizona.
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Hey hey hey,,,,get it right,,,,It's 2,040 miles away
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Old 07-13-2012, 11:17 PM   #40
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Re: How much of a loss are you willing to take?

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Im with you my friend 100%

anyway...to answer the thread question.....thats a badazz truck you built broey...if I had to take a loss....I would make sure that the seller of the vehicle I replaced it with also took a loss....sorta balances out ya know....hope that makes sense....lose a deal....get a deal...ying/yang
I definitely plan to build smarter on the next one. Im going to build something that is more desirable. just incase I want to flip it again.

who ever does end up with my truck is getting a steal for sure, I just wish I could more easily show it to them!
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Old 07-13-2012, 11:19 PM   #41
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Re: How much of a loss are you willing to take?

also, at my asking price if I'm already taking an 8k hit. what Im wondering is do I hold on to it at that price forever?
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Old 07-14-2012, 01:08 AM   #42
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Re: How much of a loss are you willing to take?

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Don't be clogging up my cl listings with crap that 1000 miles away. If us rust belters want to see what for sale in arizona we will click on arizona.
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Ahhh ya dun it now! Ill make sure everything I post is on the Michigan CL.

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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Old 07-14-2012, 10:19 AM   #43
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Re: How much of a loss are you willing to take?

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also, at my asking price if I'm already taking an 8k hit. what Im wondering is do I hold on to it at that price forever?
That's a tough call bud. Depends on alot of things. If you can afford to keep it I would, and maybe casually advertise the truck forsale at different venues and see if you get bites. I definately believe the truck needs to be taken to some of the bigger meets to be seen and advertised. A vehicle done like this doesn't get the exposure necessary from a magazine clipping or computer ad. Take it to the places where the real buyers are.
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Old 07-14-2012, 06:05 PM   #44
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Re: How much of a loss are you willing to take?

I always buy high and sell low, that way I'm never disapoint'd !
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Old 07-14-2012, 07:33 PM   #45
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Re: How much of a loss are you willing to take?

Damn Broey, I wish you had decided to sell your truck last year. I would have bought it for $8-9K. Because of seeing your truck, that is why I decided to buy a C10 last year. I will have close to $7-8K in my truck in a couple of months & it will not be anything close to looking like your truck.
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Old 07-14-2012, 07:37 PM   #46
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Re: How much of a loss are you willing to take?

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I always buy high and sell low, that way I'm never disapoint'd !
lol, thats the attitude I need!
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Old 07-14-2012, 07:40 PM   #47
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Re: How much of a loss are you willing to take?

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Damn Broey, I wish you had decided to sell your truck last year. I would have bought it for $8-9K. Because of seeing your truck, that is why I decided to buy a C10 last year. I will have close to $7-8K in my truck in a couple of months & it will not be anything close to looking like your truck.
my bad. yeah Ive got about 17k in mine.
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Old 07-14-2012, 08:06 PM   #48
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Re: How much of a loss are you willing to take?

I guess I bought at the wrong time, sucks. Oh well, wasn't the first time I've bought at the wrong time. At least I have a ball park of what money it will take to get mine similar to your truck. Good luck with the sale.
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Old 07-15-2012, 06:36 PM   #49
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Re: How much of a loss are you willing to take?

Generally speaking, I find that any modifications done to a vehicle will not be returned on resale. Unless, of course, you find someone who shares your taste in your modifications exactly and is willing to pay full price for them. These buyers are hard to find. In many cases, a highly modified vehicle will be more difficult to sell than a stock one.
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Old 07-16-2012, 12:10 AM   #50
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Re: How much of a loss are you willing to take?

Just keep it and wind up like me with 1 daily, 1 kid hauler, 1 ccdrw tow pig, 1 70's swb square, one 70's wagon, one 59 swb fleetside and a 55 wagon. And theres a long list of crap ive given up on.
Give up on CL already. Youll only get kooks and broke people. spend the $$$ and go to mautofied and hotrodhotline.
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