Price guides
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New User
Joined: Aug 2007
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Price guides
Why is it so difficult to find a general price guide to give an idea of what a truck in need of restoration is worth? We have a '56 pickup we want to sell, but cannot find any info on what to ask for it. Any ideas?
Lead Driver
Joined: Oct 1999
Posts: 6,782
Likes: 558
From: Kalispell, MT
Welcome to FTE.
The answer is: "because of variables." Where is it and how badly rusted? Trucks from dry areas are worth more than the same truck from the rust belt of the USA. Does it run? Has it been modified, and to what extent? Then there's the usual market supply and demand.
Ebay has become the tool to answer your question. Put it on there and you'll find out what its worth - usually...........
Or sit it somewhere with a price on it.......if it sells same day it was probably priced low. If you have it a year later its prob set too high. Sorry, I know this isn't what you're looking for, but that's just the name of the game.
The answer is: "because of variables." Where is it and how badly rusted? Trucks from dry areas are worth more than the same truck from the rust belt of the USA. Does it run? Has it been modified, and to what extent? Then there's the usual market supply and demand.
Ebay has become the tool to answer your question. Put it on there and you'll find out what its worth - usually...........
Or sit it somewhere with a price on it.......if it sells same day it was probably priced low. If you have it a year later its prob set too high. Sorry, I know this isn't what you're looking for, but that's just the name of the game.
Fleet Owner
Joined: Jul 2004
Posts: 27,303
Likes: 1,062
From: NM
Add to that, "average" prices need to be based on thousands of sales. There may only be a couple hundred sales of any model of old trucks in a year. They are not very accurate on cars more than a couple years old in my experience, where they have a much larger sample to use. I don't know about other states, but in NM they track prices by the amount declared for tax purposes when there is a sale. People lie about the price (low) to avoid taxes. When a trade is involved, it's a total guess what each was worth.
The short answer to your question is, it's worth what someone will pay.
The short answer to your question is, it's worth what someone will pay.
