Register or Log In To remove these advertisements. |
|
|
|
Thread Tools | Display Modes |
09-23-2006, 05:51 PM | #26 |
Registered User
Join Date: May 2005
Location: Beaverton, OR
Posts: 3,728
|
Re: How much would you guess these trucks are worth?
The last real stereo I worked on with my brother had a total bill of $125k. That did not include the truck price or the custom work done to the truck outside of the stereo. The truck won 17 straight first places and 8 best of shows the first year, went to IASCA Nationals and won 1000 watt unlimited consumer class, plus set a new SPL record (before the days of 90db rules and db drags). It was featured in Truckin' and Auto Sound and Security, then sold for $35k.
The $125k stereo worked out to include $50k of labor. It was an incredible truck and won everything it was entered in. But there is no way it would have ever sold for that price. If you buy a chopper from West Coast Choppers, you will pay $75k+ for a $30k bike basted on name alone. I don't know of many people who have that level of pull when it coomes to our trucks. A few guy's on this board should, however. |
09-23-2006, 11:09 PM | #27 | |
Account Suspended
Join Date: Dec 2005
Location: SPOKANE, WASHINGTON
Posts: 1,001
|
Re: How much would you guess these trucks are worth?
Quote:
I agree with alot that you are saying. But on the appraisal side there are 2 types. One is the replacement value as you mentioned for insurance and the other one is actual value. This will also depend on who does it. I used Silver Collector car auctions and they search through theres and other auction data bases to come up with a close value. I had both done and the replacement one was alot higher than the actual value. |
|
09-25-2006, 05:45 AM | #28 | |
Special Order
Join Date: Nov 2004
Location: Mt Airy, MD
Posts: 85,851
|
Re: How much would you guess these trucks are worth?
Quote:
__________________
"BUILDING A BETTER WAY TO SERVE THE USA"......67/72......"The New Breed" GMC '67 C1500 Wideside Super Custom SWB: 327/M22/3.42 posi.........."The '67" (project) GMC '72 K2500 Wideside Sierra Custom Camper: 350/TH350/4.10 Power-Lok..."The '72" (rolling) Tim "Don't call me a redneck. I'm a rough cut country gentleman" R.I.P. ~ East Side Low Life ~ El Jay ~ 72BLUZ ~ Fasteddie69 ~ Ron586 ~ 67ChevyRedneck ~ Grumpy Old Man ~ |
|
09-25-2006, 09:45 AM | #29 | |
Registered User
Join Date: Aug 2001
Location: SOMERSET KY.
Posts: 6,425
|
Re: How much would you guess these trucks are worth?
Quote:
__________________
junkyardjohn 69 1 TON TOW TRUCK // 84 4WD CUCV BLAZER// 85 1 TON 4WD STAKE TRUCK// 86 M1031 5/4 TON 4WD CUCV// ALOT OF OLD TRUCKS FOR ONE OLD MAN TO DRIVE. THERES ROOM FOR ALL OF GODS CREATURES RIGHT NEXT TO MY MASHED POTATOES// LIFE MEMBER OF P.E.T.A (PEOPLE EATING TASTY ANIMALS) DON'T RENT U-HAUL ALWAYS TELL THE TRUTH IT WILL AMAZE PART OF THE PEOPLE & ASTONISH THE REST |
|
09-25-2006, 05:02 PM | #30 |
I am a Referee of life.
Join Date: Jun 2000
Location: Greensboro N.C.
Posts: 13,992
|
Re: How much would you guess these trucks are worth?
Show trucks.The point behind trucks done to this level is to show(and win trophies) with them.Many of the cars Roth and Starbird built in the 60',70's were slightly less detailed but unique in design.They were built to impress people with the design and execution.Style is a fickle thing.This years $6,000.00 designer dress is probably not going to wear well next year.But it may be the hit of the show today.As show vehicles age they lose their appeal because of being last years style.Even "rat rods" are a nostalgia type style.So at the height of the popularity of these show trucks they may be worth $60-70,00.00 but after the style fades a bit they will be drivers for around$30,000.00 and then wear and tear will lower their worth even more.
__________________
The 47-present Chevrolet and GMC Truck Message Board Network,it's owners,moderators,members,and associates of any type should not be held responsible for my opinion. You can't fix stupid,not even with duct tape. "My appearance is due to the fact that "GOD" does punish you for having too much fun!" Barrett-Jackson has perfected alchemy,they make rust into gold! "You can lead a horse to water but you can't saddle a duck" "Cleverly disguised as a 'Responsible Adult' "Sometimes your Knight in shining armor is just a retard in tinfoil" |
09-25-2006, 07:14 PM | #31 |
Looks good at 20-ft .....
Join Date: Apr 2005
Location: Mtn Home, AR
Posts: 707
|
Re: How much would you guess these trucks are worth?
I'm a licensed real estate Appraiser, and definitely don't want to get "preachy" on this subject, but: what you say concerning our trucks (personal property) appraisals is exactly true for real property (real estate) appraisals, too. I don't do personal property appraisals, but a lot of things work just the same way.......
Cost has very little to do with Value, though it is used as one of the Approaches to Value Estimation (how you get to the final appraisal conclusion). New Cost (replacement - or "insurance value") almost ALWAYS over-estimates Value on houses. In a normal market (not during a time of foolish inflation & speculation), they won't bring, when offered for sale on an open market, what it would cost you to rebuild them. Further, these trucks have had what is known as a serious amount of "over-improvement" done to them, carrying the cost to reproduce them way "above the market." It's like the guy who spends $ 100,000 for a new custom swimming pool at his house in a $ 150,000 residential neighborhood. Sort of stupid, if you're looking for top-dollar return on investment. It may have cost that much to do, but you'll just never get it all back. That's "the market." That's also the "labor of love" thing. Very easy to spend too much. One of my appraisal instructors used to say: "It IS what IT IS --- meaning: what it's really worth is defined by: WHAT it is, WHERE it is(location-location-location), HOW it is (condition), WHEN it is (now - not next year or last year), WHY it is (being sold - motivations: fire sale - or not motivated at all, etc), and WHO it is (both selling it & buying it - motivations again)." One of my other instructors (I liked him a lot better) used to say: "No matter how hard you polish a t*rd, it's still just a _____." All pretty similar rules to everything related to our current discussion...... |
Bookmarks |
|
|