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I need your opinion!

Discussion in '1973-1991 K5 Blazer | Truck | Suburban' started by tRustyK5, Jul 10, 2001.

  1. tRustyK5

    tRustyK5 Big meanie Staff Member Super Moderator GMOTM Winner Author

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    I need a your opinion on the value of my truck. As some of you know i was rear ended by a drunk driver not too long ago. She didn't have insurance so i have to have the truck privately appraised. I recently went to see the appraiser and he didn't quite know what to make of my truck...[​IMG]

    The criteria he is using is "what would a reasonable person expect to pay for my truck the day before the accident happened"

    So if you would try and come up with an honest and objective opinion of what you might have paid for my truck I would greatly appreciate it. I do mean honest too...I truly never put a real dollar value to my truck because I never considered selling it. If your opinion is that its a POS please say so...

    I'll try and summarize the truck, and the work and mods I had made up to the day of the accident.

    81 GMC Jimmy.

    Drivetrain: rebuilt 350 4 bolt main, (75,000 miles approx) no oil consumption and good oil pressure. It was rebuilt in 94 and has since had a cam, lifters and timing chain done for more low end power. Comp cams 260HE, Dynagear true double roller timing chain and crane lifters. At the same time a 600 CFM Edelbrock electric choke 4 barrel was added. Accel super coil and 8.5 mm spiral core wires as well. Exhaust is new...Flo-tech headers dumping into a 2 1/2" aluminized system with 40 series Flow-Master mufflers, full tailpipes exiting at the very rear corners of the truck. A ford style solenoid was remote mounted for better hot starting. Also the battery is les than a year old.

    Tranny is a SM 465 in good shape, new clutch, pressure plate, and throw out bearing Mar 2000. T-case is a fixed yoke NP 205 also in good shape, no leaks and smooth shifting.

    3/4 ton front and rear axles...14 bolt FF rear with 3.73's welded spiders, relocated shock mounts (upper and lower) and new brakes last year, RS 5000 shocks (2 years old). Front is a 3/4 ton Dana 44 with 3.73's open carrier. New ball joints 2 years ago and recent axle u-joints. Spicer all steel locking hubs and also new brakes last year including new calipers. Also RS 5000 shocks the same time as the rear.

    Body: New front fenders, trimmed for tire clearance and still in black primer. Doors are straight and rust free. The front floors were rusty so all the rot was cut out and replaced with new metal about 1 1/2 years ago. The carpet was chucked and roll on bed-liner was applied. In late March the rear of the truck was removed and a rust free rear half was swapped in its place. The truck is a variety of colors but is rust free. There are some small dents in the new box.
    The tailgate was rust free, straight and not cracked at the corners. I had removed the regulator and window assembly because I also added a Kayline soft top and no longer needed the glass. The Kayline was about 6 months old at the time of the acident.

    Other doo dads...custom front a rear bumpers. The front is built from 2x8 1/2" box tubing and has clevis shackle recovery points and a hi-lift jack mounted above the bumper. The rear is built from the same tubing, also has the clevis shackles and has inset back up lights and a swing away tire carrier designed for a 35" spare.

    Interior: I swapped a complete grey interior from a 1990 GMC Jimmy into my truck. Grey cloth hi-back seats, fold and tumble rear seat, all the trim and door panels and a cherry dash pad with no cracks, and a grey console from the same truck.

    A cb is mounted in the dash with dual 4' antennas mounted to the mirrors.

    Tilt steering, and power windows and locks prety well round up the interior. The windows are slow but functional and the power locks no longer work. The tilt column is tight though.

    Tires: I have two sets of tires for my Jimmy. Street tires are 35 x 12.5 x 16.5 General Grabber MT's with about 50% tread left. They are mounted to stock steel rims with Chevy hub caps. Trail tires (in pictures) are 36 x 12.5 x 15 Super Swamper TSL's on 15 x 10 steel 8 bolt rims, white. Tires have about 30% left on the tread.

    Your opinion would be greatly appreciated!

    Here is a link to some pics of the truck. These were all taken about 2 weeks before the accident when I swapped the rear body onto it. This is exactly as the truck was the day I got hit.

    <A target="_blank" HREF=http://community.webshots.com/user/trustyk5>http://community.webshots.com/user/trustyk5</A>

    Thanks in advance!

    Rene


    <font color=green>Dyslexics of the world...UNTIE!</font color=green>
     
  2. mudhog

    mudhog THEGAME Staff Member Super Moderator

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    rene i have seen your truck and will tell you honestly that the only down side about your truck is the paint i have seen worse trucks sell for $3,000 so i would say you could get $3,500 to $4,000 out of yours in this area. if you want i would be glad to go out and find blazers in this area for sale and get pics and prices and send them to you to give as comparison to the insurance if you need some help[​IMG]

    77blazer see it at<A target="_blank" HREF=http://community.webshots.com/user/ssmith6333>http://community.webshots.com/user/ssmith6333</A>
     
  3. Emmettology 101

    Emmettology 101 3/4 ton status

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    Rene - I would say around $5000+. It is a well set up truck with a lot of mods.

    Now you wanted a before crash estimate correct?

    <font color=green>MIKE</font color=green> - "Hukd on fawnics,werkd fer me!"
    <A target="_blank" HREF=http://www.geocities.com/emmettology101>http://www.geocities.com/emmettology101</A>
    <P ID="edit"><FONT SIZE=-1>Edited by Emmettology 101 on 07/10/01 02:35 PM (server time).</FONT></P>
     
  4. ftn96

    ftn96 1/2 ton status

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    Well, Rene..... With out being predjudice (man this is going to be hard)

    Most value will be placed on he apperarance (bull [censored]) but thats the way people are. Im gonna have to say its probably worth 4000 to 5000. But thats probably only to another K5 NUTCASE such as yourself.
    But with the rig in all different colors, OOOPS there goes the neighborhood.

    Have you jumped on KBB.com yet and tried using it be honest and lying to get a good ball park?

    When in doubt.....Use the Saws-all[​IMG]
    <A target="_blank" HREF=http://www.nashvillek5.freeservers.com>http://www.nashvillek5.freeservers.com</A>
     
  5. CrazeeBush

    CrazeeBush 1/2 ton status

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    how's this? How much money will it take to have one identical? break it down parts wise and add it all up. Take into consideration the age/condition of things. I'd say around $5000+ IMHO.

    -BuSH
    I'm a dislectic agnostic. I believe in a higher being, his name is DOG. [​IMG]
     
  6. thatK30guy

    thatK30guy 1 ton status Premium Member

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    I agree with Mike. At least 5K, no less. You have to figure all your time and money you put into it. The fact that you were making it a better rig to begin with should count for something. That shows when you put the new tub in place of the old rotted one. That took time to do. I definitely know the parts and pieces you swap and install in place of the old stuff cost dough and when stuff cost dough, the prices add up REAL QUICK!!! So, I wouldn't settle for anything less than $5K
    <font color=red>I m so we Todd did.
    I m sofa king we Todd did.</font color=red><P ID="edit"><FONT SIZE=-1>Edited by thatK30guy on 07/10/01 02:40 PM (server time).</FONT></P>
     
  7. Boss

    Boss 1/2 ton status Author

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    I didnt' look at what anyone else said on the estimate.

    I would say about $5000 give or take a few hundred.
    Boss

    89' 1 TON of FUN K5
     
  8. tRustyK5

    tRustyK5 Big meanie Staff Member Super Moderator GMOTM Winner Author

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    Keep em coming...I'm not trying to stroke my ego. I want a really good cross section of opinions. I will be sending a link to this post to my lawyer and also to the private appraiser...

    Keep that in mind when making comments about insurance companies please...[​IMG]

    again, thanks so far!

    Rene

    <font color=green>Dyslexics of the world...UNTIE!</font color=green>
     
  9. Grim-Reaper

    Grim-Reaper 3/4 ton status Author

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    TRusty I would start by making a list of what your did and the amount fair retail would be for it.
    Beadliner profesionaly done is about $500.
    Tires $600
    Cost of the new sheet metal
    Cost of the upgraded interior
    Fair cost of the axles. What you may want to do is get a Boyce Quote as to what a rebuilt 44 and 14 would cost.
    What your trying to document is if somebody was paid to do the work what it would have cost to reproduce that truck with LABOR.
    ETC.
    Then the bottom line is since you have removed all the rust it's a rust free vehicle that needs paint.
    Then you need the cost of a bone stock rust free truck with same options. So if they have to ship it from AZ that need to be figured in.
    I asume they are trying to total it and what you got to do is document a value high enough that they will feel it's cheaper to fix. If they try to total it see what the buy back would be. Some times you can buy the vehicle back for a few hundred and keep all your parts for the new truck.

    It's not my damn planet monkey boy!
    <A target="_blank" HREF=http://communities.msn.com/OffroadK5s>http://communities.msn.com/OffroadK5s</A>

    Grim-Reaper
     
  10. ftn96

    ftn96 1/2 ton status

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    Yeah, but that doesn't matter to a projected buyer that isnt into wheelin, or if its the dad of the person that wants it that is having to pay for it. These are the things that the appraiser has to keep in mind.

    When in doubt.....Use the Saws-all[​IMG]
    <A target="_blank" HREF=http://www.nashvillek5.freeservers.com>http://www.nashvillek5.freeservers.com</A>
     
  11. ftn96

    ftn96 1/2 ton status

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    with that said however, With everything that has been done. If I were out shopping for a blazer and came across your I would definately give you 5500 for it.

    When in doubt.....Use the Saws-all[​IMG]
    <A target="_blank" HREF=http://www.nashvillek5.freeservers.com>http://www.nashvillek5.freeservers.com</A>
     
  12. tRustyK5

    tRustyK5 Big meanie Staff Member Super Moderator GMOTM Winner Author

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    You're on the right track Brandon...what I'm looking at is a fair market value to a reasonable person. There are over 2800 reasonable people here...

    Some of the mods may not be important to some people and some may hurt the value...both of these things have to be considered.

    Rene

    <font color=green>Dyslexics of the world...UNTIE!</font color=green>
     
  13. rocko

    rocko 1/2 ton status

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    In reference to what Grim said.. :
    __________________________________TRusty I would start by making a list of what your did and the amount fair retail would be for it.
    Beadliner profesionaly done is about $500.
    Tires $600
    Cost of the new sheet metal
    Cost of the upgraded interior
    Fair cost of the axles. What you may want to do is get a Boyce Quote as to what a rebuilt 44 and 14 would cost.
    _________________________________________________

    I think Grim nailed it right on the head.. along with everyone else's suggestions..
    I've had to deal with Insurance company regarding my once 89 Jimmy.. they wanted to total it.. but I fought them tooth and nail to get it fixed.. I used Kelley Blue Book as leverage to what my truck was worth.. turn's out.. it needed $3,500 dollars of work.. and my truck was valued at $9,800 with the standard mod's I did to it... I saved every receipt when I bought stuff for my truck...
    Good luck Rene... [​IMG]


    A well armed society is a polite society.UPDATED <A target="_blank" HREF=http://www.rocko.rockcrawler.com>http://www.rocko.rockcrawler.com</A>
     
  14. Espen88k5

    Espen88k5 1/2 ton status

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    Make a deal .

    You total the truck and buy it back for 500. And you get 4000 to buy a new 1500 rust-free fixerupper one that you swap parts over to yourself. They should take it because fixing it back upp is no option to them as it would cost thousands of $$ just in labor.

    Hope you can make some cash from this also, to maybe buy some 44" that would be sweeeet.

    Good luck

    <font color=red><A target="_blank" HREF=http://www.espen88k5.alloffroad.com>http://www.espen88k5.alloffroad.com</A></font color=red>
     
  15. Pugsley

    Pugsley 1/2 ton status

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    Here you could probably sell it for $6500 to $7000 as it was before the high speed tRusty suppository, so I'd definitely say that $5000 is the bare minimum to accept.

    <font color=red>Cripplefight!!</font color=red>
    <A target="_blank" HREF=http://pugsley.alloffroad.com>http://pugsley.alloffroad.com</A> Updated finally[​IMG]
     
  16. 45acp

    45acp 1/2 ton status

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    Rene, Just for information. I bought a 1983 GMC Jimmy here in Arizona a year ago for $3000. The body and frame were straight and rust free every where. The engine (305) was very tired, transmision and running gear all worked but totaly stock. I was happy to pay this amount for the body and frame so the rest of the work and parts your put into it should have additional value above $3000.

    Bill Hughes
     
  17. Executioner

    Executioner 1/2 ton status

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    Ya I have to agree, have been see them here for around 3000 ish, rust free bodies, some even have good paint.
    So if you use 3000 as a base then some how add up the mods, it should come out to at least 5K(K5).
     
  18. dyeager535

    dyeager535 1 ton status Premium Member

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    A good rule of thumb is 1/2 of the $ you put into it. Add the purchase price to that, and you might be close. One of the reasons I save all my receipts. if I get hit, I'm going to try my darndest to get them to even pay for my oil changes!!! And if they won't, I've got enough major receipts to get close to what i put into it, again not including my time and blood.

    If it were me, since I know my truck isn't replaceable (I'd have to make another one) I'd like to figure my time into the equation..lets see...3 years, on and off, times about $50 an hour for shop labor, and it starts getting pricey. Realistically, you can't figure in your time or hassle working on it for an insurance company, which is crap.

    Dorian
    My tech/links page: <A target="_blank" HREF=http://www.dorianyeager.com/index2.html>http://www.dorianyeager.com/index2.html</A>
    No anti-theft measures on your truck? No pity when its stolen
     
  19. surg82k5

    surg82k5 1/2 ton status

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    Just for reference I got 2700 for mine and it was a bone stock 82 blazer with a 6.2 w/ 103,000 miles. This was in march of this year. Good luck with everything,
    sergio

    Check out my new website. <A target="_blank" HREF=http://www.surg82k5.rockcrawler.com>http://www.surg82k5.rockcrawler.com</A>
     
  20. ChevyCaGal

    ChevyCaGal 3/4 ton status

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    I bet here you could sell it for $6500 easy.... maybe even a lot more. There's a huge market for them here and they go for high prices. I dunno up there though.... but do what Grim said. Get everything together you can. Get the cost up there because they never give you what you think/feel it's worth....

    I removed my quote so gay, vegetarian, minority, eco-nazis who love Jesus, nuke spotted owls, vote Gore and smoke medical marijuana won't be offend.
     

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