I have the oppertunity to buy a 1960 F100 truck. The guy wants it out of his yard bad! It has a little peice of paper instead of a nice big red for sale sign so i'm assuming thats why it hasn't sold yet. He posted it for $1200, but my friend who is a neighbor of this guy said he would be willing to go to $500 just to get it off his property. It does have some dings, no big dents though. It has a 292 V8 in it.

Should I buy this for $500? He says it runs great...

What kind of transmissions came in these things?

I need another car, as my girlfriend will probably confiscating my '02 F150

Chris

 

Pesky,

I'm not a big fan of post 56 trucks, but if you like them I'd say 500 bucks is a good deal if the truck is reasonably complete. That's what I paid for my old F-3 and I'm happy with it.

 

Heck yea, buy it! Especially for $500. If it runs and you need wheels.... heck, that's a no-brainer in my book. Wish I got mine for $500 instead of $1000... and mine was beat to (#@* , the tailgate (virtually impossible to replace) was warped beyond salvage, and the bed floor was a warped piece of 4' X 6' plywood.
Schaaaa----weeeet !!!!

'Course it's different now (check out my "user gallery")

Buy the '60. If nothing else, it's a cheap back-up car for "just in case"....


Daryl
'59 F100 Styleside

 

Hi Chris, and welcome to FTE!

I'm a huge fan of the '57-'60 Fords. If it were me and the $500.00 wasn't slated for family necessities, I would definately go for it!

I have an outdated book (1999) called "Value guide to CPI" (Cars of particular interest). It won't be too accurate because it doesn't factor in location, etc., so please don't take this as a "last word" as far as the value is concerned. They list prices based on 3 different categories..... "Fair", "Excellent", and "Good".

"Fair" is described as: Presentable condition. Runs and drives. Generally in need of cosmetic repair, but not a "basket case".

"Good" is described as: Very nice condition. Shows very little wear, and is driven sparingly.

"Excellent" is described as: Nearly perfect condition. Proffessionally restored to the current highest standards.

Here's what they list for a 1960 Ford pickup......

Fair.............. $1,825.00
Good............ $3,025.00
Excellent...... $5,600.00


Here are the transmissions options:

Code (A) = Manual light duty 3 speed
Code (B) = 3 speed overdrive
Code (D) = Manual medium duty 3 speed
Code (F) = Manual 4 speed
Code (C) or (AUTO) = "Fordomatic"

I hope this helps you

 

Kenny,

That book of yours needs at least two categories below fair...

"Beater" could be described as: Runs occasionally, most body parts attached, tires up, can be rolled onto flatbed.

"Junker" could be described as: No engine or frozen engine, missing major body parts, missing tires and/or wheels, needs most everything, must be towed, partially or fully disassembled.

Mine definitely falls into the "beater" class!

 

Hi Vern,
I totally agree the book is not very complete. It is just a small pocket sized book that I got for free from a bodyshop owner. He had an extra laying around so he gave it to me.

It does say this though.......

"There are many vehicles on the road that fall below CPI's "fair" category, and are priced accordingly. These are commonly refered to as "beaters" and are usually not worth restoring, as the restoration costs will almost certainly exceed the value of the finished vehicle. Older vehicles that are disassembled or not runing fall below CPI's "fair" category as well. As a rule of thumb for complete non-running vehicles (or disassembled vehicles), subtract the cost of repairs to bring the vehicle to the appropriate CPI condition category. Incomplete disassembled vehicles and parts vehicles are worth the value of their usable parts."

Still kind of vague to me though! I personally feel that unless a truck is purely an investment, value is in the eye of the beholder (or the beholder to be).

I like your category descriptions better. Even under your category descriptions however, I don't look at your truck as a "beater". To me it looks more like a "diamond in the rough". It was fortunate to find it's way into the right hands, and will one day sparkle again!

 

Kenny,

I certainly appreciate your evaluation of my old truck as a "diamond in the rough". It WILL sparkle one day if I live long enough!

 

There's a company called VMR International that has very good value guides. They publish a number of newsstand price guides for both new & used, as well as collector vehicles - you may have seen their stuff already. Check out their website (http://www.vmrintl.com/), it has all of our trucks listed. Here's what they list for '59s:

1959 FORD F-100 223-139hp (6cyl-1V) 3M

#5 #4 #3 #2 #1
Panel Delivery 700 1975 4000 6450 8225
Flareside Lwb 400 1650 3625 5200 7625
Flareside 450 1800 3975 5725 8375
Styleside Lwb 425 1700 3725 5375 7825
Styleside 475 1925 4225 6100 8900

Add:
292-181hp (8cyl-2V): 10%
Power steering: 5%
Custom or Deluxe Cab: 10%

Click here for their conditions guidelines:
http://www.vmrintl.com/cctm/condguide.htm

I hope this helps you out.