Just Won Shortbed at Auction, Good Price? - The 1947 - Present Chevrolet & GMC Truck Message Board Network

benbloom · 12-08-2016, 02:33 PM

Hi alls, wanted to get your opinions on whether or not i overpaid for this truck that i just won at an auction for 4600.
Some details:
1970 original shortbed c10, lowered slightly seems to be a good job. Has a 500 cubic inch cadillac engine in it with a turbo 400 tranny. supposedly rebuilt at some point (but i mean, look at it!)
seems pretty darn rust free, some bondo i think though. power steering power breaks. I live in the SF bay area, so prices are generally high, something to keep in mind. so what do you guys think, i overpay for this thing? If i was to try to resell how much do you think i could get? Looking for opinions
will post pics!
Thanks
Ben

davepl · 12-08-2016, 02:47 PM

If it was an auction and there were people bidding behind you, then that's what it was worth on that day at that place at that time. No one here can tell you more accurately than an auction what it's worth.

As for what it's worth to resell - no idea. You'd have to auction or sell it to know, really. Auctions have a convenience factor built into the price - they parade vehicles in front of you, which is different than talking the old man down the road out of the C10 he's had for 30 years. You're also competing against other qualified buyers which raises the price.

It all depends on how they're bought, who's selling it, and how many other potential buyers there are.

ryanv70c10 · 12-08-2016, 03:36 PM

If it runs and drives then yeahe that's a good price IMO

Mollzyie · 12-08-2016, 03:41 PM

Seems ok . You have room to put like 1-2k into it get it right cosmetically and running good .

benbloom · 12-08-2016, 05:09 PM

it does run really well, drive not sure yet..

DUD2STUD · 12-08-2016, 06:06 PM

Funny I was just on craigslist bay area and saw a long bed not even as good looking as that one. Seller was asking $6k so I think you did ok.

Elliot949 · 12-08-2016, 06:12 PM

I agree with Davepl... a auction does tend to determine what a real value is... I can tell you here in the Midwest it would be considerably less...

**HO455** · 12-08-2016, 06:12 PM

Don't forget to figure in the upgrade to GM's Premium power plant. Torque city baby!

**clay68c10** · 12-09-2016, 12:46 PM

You will like the torque of that caddy! Get to be good friends with your tire guy.
I'd say you did ok, short fleets are always pricey.

weq92f · 12-09-2016, 01:17 PM

If it runs/drives, is nearly rust free and you can hang a soft magnet off of it, I would say you got a good price! Was it 4600 out the door? If so, you bough it for less than that due to premiums paid I bet.

-klb

benbloom · 12-09-2016, 01:22 PM

yeah it was 1600 out the door, but I of course still have to pay the sales tax to the dmv.
thanks for the input guys! now lets hope it drives!

trac209 · 12-09-2016, 09:55 PM

I swear I have seen that truck on here before

TheCougarine · 12-09-2016, 11:35 PM

I think you paid a fair price for it. A nice short bed (Not a fully restored, or show vehicle) but something you could feel comfortable driving locally is anywhere between 5k and 12k. I think getting a grille and everything in it will make all the difference if you went to resell it.

kcsa75 · 12-10-2016, 02:28 PM

Quote:

Originally Posted by davepl

If it was an auction and there were people bidding behind you, then that's what it was worth on that day at that place at that time. No one here can tell you more accurately than an auction what it's worth.

As for what it's worth to resell - no idea. You'd have to auction or sell it to know, really. Auctions have a convenience factor built into the price - they parade vehicles in front of you, which is different than talking the old man down the road out of the C10 he's had for 30 years. You're also competing against other qualified buyers which raises the price.

It all depends on how they're bought, who's selling it, and how many other potential buyers there are.

I've always believed something is worth what someone's willing to pay.

LongBox · 12-10-2016, 03:30 PM

More pictures would be nice. Just cleaning up that engine bay will make it worth more, LOL!

mitchell72 · 12-10-2016, 07:28 PM

Hold your horses, on second look i spotted the distributer (up front).

Ambulancejockey · 12-10-2016, 07:31 PM

Looks like a ford motor?

71swb4x4 · 12-10-2016, 08:26 PM

That looks like a nice start!

Quote:

Originally Posted by mitchell72

Hold your horses, on second look i spotted the distributer (up front).

Quote:

Originally Posted by Ambulancejockey

Looks like a ford motor?

Cadillac 500 distributor goes in between the water pump and the intake manifold.

12-08-2016, 02:33 PM	#1
benbloom Registered User Join Date: Mar 2015 Location: san rafael california Posts: 202	Just Won Shortbed at Auction, Good Price? Hi alls, wanted to get your opinions on whether or not i overpaid for this truck that i just won at an auction for 4600. Some details: 1970 original shortbed c10, lowered slightly seems to be a good job. Has a 500 cubic inch cadillac engine in it with a turbo 400 tranny. supposedly rebuilt at some point (but i mean, look at it!) seems pretty darn rust free, some bondo i think though. power steering power breaks. I live in the SF bay area, so prices are generally high, something to keep in mind. so what do you guys think, i overpay for this thing? If i was to try to resell how much do you think i could get? Looking for opinions will post pics! Thanks Ben Attached Images

12-08-2016, 02:47 PM	#2
davepl Registered User Join Date: Aug 2006 Location: Redmond, WA Posts: 6,332	Re: Just Won Shortbed at Auction, Good Price? If it was an auction and there were people bidding behind you, then that's what it was worth on that day at that place at that time. No one here can tell you more accurately than an auction what it's worth. As for what it's worth to resell - no idea. You'd have to auction or sell it to know, really. Auctions have a convenience factor built into the price - they parade vehicles in front of you, which is different than talking the old man down the road out of the C10 he's had for 30 years. You're also competing against other qualified buyers which raises the price. It all depends on how they're bought, who's selling it, and how many other potential buyers there are. __________________ 1970 GMC Sierra Grande Custom Camper - Built, not Bought 1969 Pontiac 2+2 427/390 4-speed Coupe 1969 Pontiac 2+2 427/390 4-speed Convertible

12-08-2016, 03:36 PM	#3
ryanv70c10 Registered User Join Date: Feb 2016 Location: San Mateo Posts: 199	Re: Just Won Shortbed at Auction, Good Price? If it runs and drives then yeahe that's a good price IMO

12-08-2016, 03:41 PM	#4
Mollzyie Registered User Join Date: Aug 2016 Location: Miami fl Posts: 289	Re: Just Won Shortbed at Auction, Good Price? Seems ok . You have room to put like 1-2k into it get it right cosmetically and running good . __________________ M.A.G.A.

12-08-2016, 05:09 PM	#5
benbloom Registered User Join Date: Mar 2015 Location: san rafael california Posts: 202	Re: Just Won Shortbed at Auction, Good Price? it does run really well, drive not sure yet..

12-08-2016, 06:06 PM	#6
DUD2STUD Registered User Join Date: Mar 2007 Location: Rohnert park, CA Posts: 139	Re: Just Won Shortbed at Auction, Good Price? Funny I was just on craigslist bay area and saw a long bed not even as good looking as that one. Seller was asking $6k so I think you did ok.

12-08-2016, 06:12 PM	#7
Elliot949 Registered User Join Date: Sep 2010 Location: Winfield, Ks. Posts: 4,162	Re: Just Won Shortbed at Auction, Good Price? I agree with Davepl... a auction does tend to determine what a real value is... I can tell you here in the Midwest it would be considerably less... __________________ Dan Johnston... Owner of My Dad's- '67 Chevy C-20 Custom Camper Short Fleetside Pickup PAPA J And our newest addition a- '71 Chevy CST/10 Short Fleetside Pickup Haulin' SOLD Papa J's Build Thread: http://67-72chevytrucks.com/vboard/s...d.php?t=612847 Haulin's Build Thread: http://67-72chevytrucks.com/vboard/s...d.php?t=671130SOLD B Bears Build Thread:http://67-72chevytrucks.com/vboard/s...d.php?t=744210

12-08-2016, 06:12 PM	#8
HO455 Post Whore Join Date: Feb 2016 Location: Portland Oregon Posts: 11,033	Re: Just Won Shortbed at Auction, Good Price? Don't forget to figure in the upgrade to GM's Premium power plant. Torque city baby! __________________ Thanks to Bob and Jeanie and everyone else at Superior Performance for all their great help. RIP Bob Parks. 1967 Burban (the WMB),1988 S10 Blazer (the Stink10 II),1969 GTO (the Goat), 1970 Javelin, 1952 F2 Ford OHC six 4X4, 29 Model A, 72 Firebird (the DBP Bird). 85 Alfa Romeo If it breaks I didn't want it in the first place The WMB repair thread http://67-72chevytrucks.com/vboard/s...d.php?t=698377

12-09-2016, 12:46 PM	#9
clay68c10 Senior Member Join Date: Aug 2004 Location: Centennial, CO Posts: 2,935	Re: Just Won Shortbed at Auction, Good Price? You will like the torque of that caddy! Get to be good friends with your tire guy. I'd say you did ok, short fleets are always pricey. __________________ ClusterTruck: 68 C10 Bought in 89, wrecked in 03. Slow low $ rebuild started '17. 6.0 & TKO http://67-72chevytrucks.com/vboard/s...d.php?t=788602 93 K1500 Short Step, 350, NV4500, EBL flash ECU. Vortec heads & roller cam someday... 05 Jeep Wrangler Unlimited. 3” lift & 6-speed 02 E320 the insurance total “free car” 13 Tahoe LTZ

12-09-2016, 01:17 PM	#10
weq92f Registered User Join Date: Oct 2016 Location: Dallas Texas Posts: 3,063	Re: Just Won Shortbed at Auction, Good Price? If it runs/drives, is nearly rust free and you can hang a soft magnet off of it, I would say you got a good price! Was it 4600 out the door? If so, you bough it for less than that due to premiums paid I bet. -klb __________________ 67 C10 fleet fuel injected '70 402, 700r4, 3.73 posi 07 335 sport turbo 6sp 94 Trans Am GT LT1 6sp posi -- sold after 22yrs 99 540 sport V8 6sp -- sold 73 240z L24 4sp -- given to friend 68 C10 step 350/350 3.73 open -- sold

12-09-2016, 01:22 PM	#11
benbloom Registered User Join Date: Mar 2015 Location: san rafael california Posts: 202	Re: Just Won Shortbed at Auction, Good Price? yeah it was 1600 out the door, but I of course still have to pay the sales tax to the dmv. thanks for the input guys! now lets hope it drives!

12-09-2016, 09:55 PM	#12
trac209 Registered User Join Date: Dec 2011 Location: winnipeg Posts: 1,107	Re: Just Won Shortbed at Auction, Good Price? I swear I have seen that truck on here before

12-09-2016, 11:35 PM	#13
TheCougarine Registered User Join Date: Sep 2014 Location: Johnson City TN Posts: 311	Re: Just Won Shortbed at Auction, Good Price? I think you paid a fair price for it. A nice short bed (Not a fully restored, or show vehicle) but something you could feel comfortable driving locally is anywhere between 5k and 12k. I think getting a grille and everything in it will make all the difference if you went to resell it.

12-10-2016, 03:30 PM	#15
LongBox Registered User Join Date: Sep 2016 Location: Vancouver BC Posts: 784	Re: Just Won Shortbed at Auction, Good Price? More pictures would be nice. Just cleaning up that engine bay will make it worth more, LOL! __________________ Rick -69 GMC 910 Long Box, 350 -98 Chev Silverado 1500, 350 Vortec 4L60e -08 Mustang GT Convertible

12-10-2016, 07:28 PM	#16
mitchell72 Registered User Join Date: Dec 2012 Location: Fontana, Ca Posts: 228	Re: Just Won Shortbed at Auction, Good Price? Hold your horses, on second look i spotted the distributer (up front). __________________ Do you have a 1972 Plaid Pickup?http://67-72chevytrucks.com/vboard/s...d.php?t=635040 Do you have a 1972 Plaid Suburban?http://67-72chevytrucks.com/vboard/s...d.php?t=635033 Do you have a 1972 Plaid Blazer?http://67-72chevytrucks.com/vboard/s...d.php?t=635035 Your Service Manual: http://67-72chevytrucks.com/vboard/s...d.php?t=558016 SPID Thread http://67-72chevytrucks.com/vboard/s...0&goto=newpost



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12-10-2016, 07:31 PM	#17
Ambulancejockey Registered User Join Date: Apr 2016 Location: Peachland British columbia Posts: 11	Re: Just Won Shortbed at Auction, Good Price? Looks like a ford motor?

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