Don't see these very often. What I find most interesting is the credit terms; 1 year to pay it off, with half down. Either a very thrifty buyer or tight credit.

PS that's the highest production number I've seen for a '50. Truck is for sale here: 1950 Ford F1 Pickup Truck

 

I have an original warranty paper I found inside the owner's manual of a parts truck I bought. It was a 4000 mile or 90 day warranty, imagine trying to sell a new vehicle today with a 90 warranty?

 

How awesome is that! I like how it mentions rear bumpers.....

 

This is the sales receipt for my truck that my grandfather bought in Dec of 1954. The interesting thing is they gave him $648 for the trade in which brought his cost down to an even $1000 plus tax and transfer.



The purchase date was Dec 22nd so my truck will be 60 years old tomorrow!

 

1% sales tax on your truck, Abe! That's even more amazing than the price.

 

Yes, I know. My son and I were talking about that after I posted.

 

That's how things used to work, "easy credit" didn't exist. Prior to the depression, even houses were typically 50% down 7 year renewable notes and calleable at any time. My dad said that financed cars were about impossible to get insured, because they were considered a bad risk.

 

Very cool stuff guys. It's always fun to see more of the history of these trucks.

Well Abe, are you having a birthday party? We need pictures of the celebration.

That truck for sale is nice looking. This picture looks like a painting. Maybe it is....

 

When I told my wife she said we should put a picture of the receipt and a picture of my truck on Facebook so all my friends wish Old Betsy a Happy Birthday. I think the best Birthday gift is that she is being driven nearly every day, when it is not snowing or raining. On bad days I drive my new truck, the 70 F350.

 

When I bought the F3 it was from the original owners son. He said his dad paid $1550 for it in 49. It had 50,000 miles on it and I paid $1500 so it cost a buck a thousand miles.

Abe think twice about Facebook. It may be an invitation to the wrong type person

 

For 1950 that monthly payment of $70.66 would have put that deal out of the majority of peoples reach $697.76 - How many here can float that?

 

Today five or six year car notes aren't unusual. But, they were never "in the bucket" or upside down on their trade-in either, back then.

 

That is actually an early '50 - I'm just surprised that it didn't sell until July 31.

The sales year and vins ran with the calendar year so '50's were produced and sold thru Dec 1950. I've seen and recorded "50" trucks with vins as high as 505,000.

 

The way I read this, the guy borrowed $700 for 12 months, and paid $847.92 in return. That's some pretty atrocious interest. By my calculations, that's about 37%. Yikes.

 

I'd have to look it up but 1950 may have been a tough year economically. Truman was president, right? I know generally the postwar years were tough for a lot of people as the big factories switched back from a full-employment wartime footing, and the first real consumer inflation started really taking off. The price of beef in general was a big deal at the time.