Fair Market Value on this 79 Sideflare?
#1
Fair Market Value on this 79 Sideflare?
79 Ford Ranger F100 Flare Side Short Bed Pickup
One owner since new...sounds like he babied it and did everything and anything it needed...
One owner since new...sounds like he babied it and did everything and anything it needed...
#2
#3
"Fair Market Value" is an estimate of the market value of property, based on what a knowledgeable, willing, and unpressured buyer would probably pay to a knowledgeable, willing, and unpressured seller in the market. An estimate of fair market value may be founded either on precedent or extrapolation. Fair market value differs from the intrinsic value that an individual may place on the same asset based on their own preferences and circumstances.
An estimate of Fair Market Value is usually subjective due to the circumstances of place, time, the existence of comparable precedents, and the evaluation principles of each involved person. Opinions on value are always based upon subjective interpretation of available information at the time of assessment.
Therefore, your area (northeast USA) serves as the basis from which to estimate the truck's value given its condition and equipment relative to other similar vehicles with the same body style and driveline configuration.
An estimate of Fair Market Value is usually subjective due to the circumstances of place, time, the existence of comparable precedents, and the evaluation principles of each involved person. Opinions on value are always based upon subjective interpretation of available information at the time of assessment.
Therefore, your area (northeast USA) serves as the basis from which to estimate the truck's value given its condition and equipment relative to other similar vehicles with the same body style and driveline configuration.
#5
I didn't see that the original miles were posted anywhere on the ad. General rule is that it has to be less than 75K to be considered "low" on a classic car. Also, this is not exactly what I would call a decent swap (coming out of an 84 'Stang). IMO (not professional), I'd say it's about $2-3K too high, just under $10K would seem about right.
But, if you really want it and can easily afford it, dicker as best you can and go for it.
Good luck,
BB
But, if you really want it and can easily afford it, dicker as best you can and go for it.
Good luck,
BB
#6
#7
My .02...
I used to show dogs. Championed out a bunch, even Grand Championed out two. I sold pups at $2500 each and once sold an adult for $8,000.
What does that have to do with trucks you ask. The only true value anything has is what someone is willing to pay for it. You can ask $50k, but until someone ponies up the dough, you may be the only one that values something that much. I would never pay eight grand for a dog, but I sold one for that. That truck is very nice, but at the asking price, it better be perfect.
I just saw a mediocre short bed 79' two wheel drive with a 351, AT and a small amount of rust, sell for $6,800. I could see that truck fetching $8,000-$9,000 if you found the right buyer if you wanted to resell it later, so keep that in mind if you make an offer.
I used to show dogs. Championed out a bunch, even Grand Championed out two. I sold pups at $2500 each and once sold an adult for $8,000.
What does that have to do with trucks you ask. The only true value anything has is what someone is willing to pay for it. You can ask $50k, but until someone ponies up the dough, you may be the only one that values something that much. I would never pay eight grand for a dog, but I sold one for that. That truck is very nice, but at the asking price, it better be perfect.
I just saw a mediocre short bed 79' two wheel drive with a 351, AT and a small amount of rust, sell for $6,800. I could see that truck fetching $8,000-$9,000 if you found the right buyer if you wanted to resell it later, so keep that in mind if you make an offer.
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#8
What he said ^^^^. It's only worth what someone will give for it. The lower the price the larger the pool of people willing to pay for it. The higher the price, well you get the message. I've always thought flare sides looked AWESOME! Especially the 6th and 7th gen trucks. If I was shopping for a fun truck I'd pay extra just for that. Hope you get a good deal.
#10
Your last statement tells me a lot. I hate to give unsolicited advice but, if you can't afford to buy this truck as if you WERE overpaying for it, then maybe you should think twice. I know rust-free is hard to find out there but I just shipping a VW van from Oregon to NY area for around $700. Lots of lower priced and rust-free example out west here. There are also agents that will check a car out for you to verify it's being represented accurately. Just another option.
Good luck,
BB
#11
#12
The one I posted original is out of my comfort zone in terms of a budget but these trucks are super rare in NY and its a one owner so if I could get it back I wouldn't mind spending some more but I don't think the owner will ever go below 11K so I don't think we would ever reach an agreement...
I don't mind a little rust as long as its not cancer.... http://www.ebay.com/itm/Ford-F-100-Rare-Shortbed-Stepside-factory-hotrod-truck-302-/121658759221?forcerrptr=true&hash=item1c536d5835&item=121658759221
Is one that I am interested in....As long as it runs with no cancer rust or major issues Im happy with what I see....
1978 Ford F100 Stepside 3 speed
This was the other one...Im thinking about driving out there as its 10 hours away...He is willing to come down on price.- Side question why is the red ones bed metal not oak?
photos
https://www.flickr.com/photos/<wbr>133418330@N03/sets/<wbr>72157653382220235
360 closeup view
Cold start, then driving
Door
Door
Engine
I don't mind a little rust as long as its not cancer.... http://www.ebay.com/itm/Ford-F-100-Rare-Shortbed-Stepside-factory-hotrod-truck-302-/121658759221?forcerrptr=true&hash=item1c536d5835&item=121658759221
Is one that I am interested in....As long as it runs with no cancer rust or major issues Im happy with what I see....
1978 Ford F100 Stepside 3 speed
This was the other one...Im thinking about driving out there as its 10 hours away...He is willing to come down on price.- Side question why is the red ones bed metal not oak?
photos
https://www.flickr.com/photos/<wbr>133418330@N03/sets/<wbr>72157653382220235
360 closeup view
Cold start, then driving
Door
Door
Engine
#14
#15
BB