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i have a 1979 F250 with a 351 it was recently restored and looks absolutly beautiful. the gas prices here are going through the roof and im looking at geting a new F350. i want to sellit and use that money as a down payment. it has alot of chrome, has been rust proofed, repainted(candy apple red), recently rebuilt engine, bucket seats but i still have the original bench, 4 speed, added some fog lights, cab lights, and tailgate row lights. It has a head liner that has toggle switches for the cad and fog lights, it also has 4 4'' speakers and a new cd deck in the head liner. It also has a box liner, has tie downs on the side of the box and a new hitch. the rear bumper has been rechromed, dual exhaust and brand new eagle alloy rims with Yokohama Geolander a/t-s. what do you think i can get for it.
It would have to be in pretty sweet condition to get 12K out of it... 8 is about the max that a 79 Reg Cab Long Box F250 4x4 will get, they are common enough... I've got a 72 F100 4x4 in extremely good condition and it only appraised at 12K.
has no one ever told you that vehicles were bad investments???
Some are, some aren't.
It all depends on condition, the price you paid, the money spent on it.
A nice mostly original 1934 Packard V12 with a custom convertible body by Dietrich could be bought in the mid 1970's for $7,000.00.
Today, the car is worth $1,000,000 +.
A 1963 Galaxie 500 XL Fastback with 14,000 actual miles was bought in 2004 on ebay for $14,000.00. Sold in 2006 for $20,000.00. The only money spent was on a tune up, brakes and engine detailing supplies.
A person should always consider what the vehicle will be worth when restored, before buying it.
Throughly inspecting a vehicle before parting with the green is the MOST important thing one can do.
Never believe word one about what the seller claims the condition is. If you do, you may end up with a pig-in-a-poke.
Excepting the 9 new vehicles I've purchased, and a couple of others that turned into money pits (that damned 63 Caddy ragtop comes to mind), most of the 325 cars I've owned since 1956, turned a profit.
Right now, I can buy a 40,000 mile totally factory original 1971 Ranger XLT with every factory accessory for 15K. It's in showroom condition...the best one I've seen since 1971. The truck has been for sale for several months. So far, no takers....it's too much money...for someone to pay in CA. Back east or in the midwest where rust is a factor, the truck would have sold in a NY minute.
Last edited by NumberDummy; Nov 24, 2007 at 04:01 AM.
Have you ever watched any of the Barret-Jackson auctions on TV? You know, the ones where cherry "valuable" and "desirable" antique cars with 16K interiors selling for 20K. You build up vehicles because you love doing it, not because you want to make a living off of doing it(which most people don't.) Your local market will dictate how much return (or LOSS) that your vehicle will make.
For these trucks, you USUALLY never get out what you put into it. I will probably have ALOT invested in my build and definately would not be able to make any money on it.
the condition is prime. there is no rust its only a 2wd i bought it fot 2500 and put close to 5000 into it, the 7000 i said before included the truck when i bought it. its fairly plain it just has some accissories added onto it. the interior is pretty much changed but that stuff can be taken out and the original stuff can be put back in if whoever bought it wanted it. it looks great on the exterior to all redone mint condition and alot of added chrome. and sorry master i have never seen Barret-Jackson auctions on TV, i have pesent vision only 5 chanels lol. Number, it sounds like you know your stuff what do you think i can get out of it???
like everyone has said it depends on your location, mood of the buyer, windspeed that day, etc.
What I'm getting at is no one can REALLY tell you. If you want 12K for it list it at 12K and see what happens. When you get zero interest after having it listed for a month or two drop the price.
Honestly I wouldn't pay more than $4k for the truck you are describing, but then again those trucks are rust free and REALLY common out here!
Depending on the market by you, you might be able to get your $7k out of it, but I dobt you'll get much more.
In the past I only make $$ on these trucks when I buy them for $300-$500 and part them out
Dont mean to be offensive, but how is a new f-350 gonna ease the pain of high fuel prices? If that is your only justification youd be way better off drivin the old truck and saving the $600-$800 a month payment in a saving account or investment. If ya just want a new truck we understand the justification.
the reason i want a new truck is cuz i work carpentry and need a bigger truck with now power for hauling aroung materials and equipment such as skid steers. i was just wondering if its a good idea to sell the truck i have now or just keep it.
Have you ever watched any of the Barret-Jackson auctions on TV? You know, the ones where cherry "valuable" and "desirable" antique cars with 16K interiors selling for 20K. You build up vehicles because you love doing it, not because you want to make a living off of doing it(which most people don't.) Your local market will dictate how much return (or LOSS) that your vehicle will make.
I've attended several of the Barrett-Jackson auctions over the years. But I would never buy vehicle one from any auction. Many of the vehicles are restored for auction only types. They look great, but that fancy paint job and minty interior could hide all sorts of sins. Many of these vehicles don't run worth scheiss. Most car auctions are nothing more than a circus atmosphere hoping to trap the unwary.
Last edited by NumberDummy; Nov 25, 2007 at 03:21 AM.