CK5
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Do you think this K5 is worth 45k?

Unfortunately it is.
I’d have a hard time coming under that budget doing it myself to a good builder truck.
I’d have to get real lucky on the purchase and get a hell of a deal on the paint job to come under that. Surely it would go over budget.
 
If you don't figure time in, and go with actual material only, I'd say no. You could build it your self for half that. If you don't farm any of it out.

I don't count time if I'm doing it for me.

Building it to sell, yeah, that's what I'd put it up for nowadays.
 
You do have to be leary of anything that's been entirely spray-bombed underneath.
 
Shame its still a non-od trans, considering they added efi. That would really add to the appeal with somewhat modern drivability
 
You would burn 45k in parts or labor....

Color is over $10k
 
What’s up with the tcase shifter? Isn’t it too far back? It’s got a 203 so to me it looks like the shifter is all the way back in the “lock” position, is high range towards the seat or dash?

If the shifter is in “hi lock” then it makes me wonder if it’s still full time with locking hubs, I wouldn’t consider this to be an acceptable compromise on a high end priced truck.
 
My 78 k5 is about to get painted. I'm not doing anything to the underside. I have no plans to sell it. If it is worth 45K after I'm done I'll be in the black. I'm still debating if I should paint it brown w/ white side stripes or leave it all brown.
 
What’s up with the tcase shifter? Isn’t it too far back? It’s got a 203 so to me it looks like the shifter is all the way back in the “lock” position, is high range towards the seat or dash?

If the shifter is in “hi lock” then it makes me wonder if it’s still full time with locking hubs, I wouldn’t consider this to be an acceptable compromise on a high end priced truck.
I find that very few people anymore understand how a 203 works. I would venture a guess that at some point someone added locking hubs and it’s been driving in hi loc ever since
 
I find that very few people anymore understand how a 203 works. I would venture a guess that at some point someone added locking hubs and it’s been driving in hi loc ever since
would someone notice as when making turns the tires would be squealing on pavement.

Also the hydraulic converter is missing the cover so the flywheel teeths are exposed.
 
would someone notice as when making turns the tires would be squealing on pavement.

Also the hydraulic converter is missing the cover so the flywheel teeths are exposed.
Not if the hubs are unlocked they wouldn't. That's the issue with 203s, people thought they got better mpg by installing lockout hubs, but then the truck wouldn't move unless it was in 4 LOC. There were conversion kits that locked the diff in the case but those are discontinued now. Somewhere along the line the misinformation started that you could just add hubs or pull the front shaft and drive in 4LOC.
 
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