I'm sorry, another whats it worth thread

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Model T Ford Forum: Forum 2014: I'm sorry, another whats it worth thread
Top of pagePrevious messageNext messageBottom of page Link to this message  By Bill in Adelaida Calif on Saturday, October 25, 2014 - 06:56 pm:

An Old friend called me wondering if she has been ripped off or if her husbands project was sold at a fair price. Its a 1923 C cab dump truck fully dis-assembled. There is a rebuilt (with receipts) long block and 4 wheels painted with New spokes. The body is sitting on the frame (no wood) along with the bed. Everything has been cleaned and it looks like the metal has been blasted/stripped ant the sheetmetal was being fitted and repaired prior to body/wood work and paint work. Being the middle of Calif the tinworm did NOT visit the sheetmetal. The differential and front axle are completely apart with a spare rear end. I don't know if its high speed or low but I would guess low. the bed looks like an express bed with small fenders on it and an interesting chain hoist at the front.
The seat is upholstered and ready to go. I understand this was a complete truck and not an assembled creation. The buyer offered $1000 for it and finally ok'd $1500.
Why the seller didn't get a value on it first I don't know but a 90 plus years one does not always think of such things. Not pics because the shed had no windows and it rather dark inside in the middle of the day.
At first I thought it too cheap but after thinking about it I thought it was not too far off the mark.

Thanks in advance for your comments.

Bill


Top of pagePrevious messageNext messageBottom of page Link to this message  By Mack Cole ---- Earth on Saturday, October 25, 2014 - 07:39 pm:

Way cheap with that bed. Shame she got ripped off but she should have ask someone first about value.
Probably will never be completed, parted out.Shame.


Top of pagePrevious messageNext messageBottom of page Link to this message  By Steve Tomaso - Milton,WA on Saturday, October 25, 2014 - 08:19 pm:

Rebuilt long block in the $3500 + neighborhood, rebuilt wheels @ $160 + each, factory express bed w/original fenders close to $600 +/- in my area.

First factory steel cab was 1924, by the way.


Top of pagePrevious messageNext messageBottom of page Link to this message  By A. Gustaf Bryngelson on Saturday, October 25, 2014 - 09:00 pm:

She did not get ripped off, she may have given it away, but the buyer made an offer and she accepted it. She should have asked before not after.


Top of pagePrevious messageNext messageBottom of page Link to this message  By Norman T. Kling on Saturday, October 25, 2014 - 09:10 pm:

For one thing, a truck is not in as much demand as a car. The trucks are very slow. Later trucks are popular, but with TT's the demand is limited.

Another thing was that it was disassembled. The buyer could not start it up and drive around, so had no idea how it ran.

She accepted the offer, so she didn't get "ripped off".

Even for a Model T car which is complete and in running order one cannot expect to get back the cost of rebuilding or restoration. It is a labor of love.
Norm


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