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[SOLD] 1971 Chevy Blazer 4x4, $12000, Seattle

Chris,

Believe me, we "feel you" when you itemize the costs and wonder why the value doesn't climb accordingly.

There was a 1st Gen for sale on here a while back (in Colorado IIRC) it had flawless paint, interior, engine and was well-detailed throughout.... truly nice in every way with nothing left to repair or finish. I think it sold for $10K, and frankly I was surprised he got that amount.

The economy is horrible, that certainly works against you. The other thing working against you is that once you "customize" a vehicle, you are counting on people loving the modifications just as much as you do....in reality, the available market for your truck just gets smaller and smaller.

The same is true as the sales price spirals up from $5K to $7K to $10K and beyond... of those people who really do love your truck and the modifications you've made, even fewer can afford to throw $12K at what amounts to a "toy". Keep in mind, nobody is going to be able to get a bank loan for a truck that old....so it's going to have to sell to someone sitting on a pile of cash that can afford to just write you a check directly. Very rare indeed.

My own unscientific research shows that impulse purchases for offroad trucks tend to be in the $4000 to $6000 range for most people. Most people who want a truck badly enough can ususally scrape that kind of money together somehow...but more than that, and it just becomes impossible. (If you have a wife or kids, getting away with that sort of capital expenditure gets even MORE difficult! :))

So, it's not that we don't appreciate what you're saying....and it's not that we can't see the money you've spent. The reality is that there is almost NO market for modified trucks...no matter how nice they are. We tell ourselves that these trucks are "investments", but I think we all know in our hearts that they are really just a place where we can safely dump thousands of dollars with no hope to ever see it again. :yikes:

I keep all my receipts, but I don't add them up anymore..... I'm in the same situation with 70Jimmy in terms of costs, but I don't even have a completed truck to show for it (yet).



:usaflag:
 
Nice explanation Greg.

Bottom line is that things are only worth whatever you can get for em, despite the invested dollar amount.
 
re

I sold a 71 that I had about 300 hours of laber into. A 10k paint job, a 8k 383 stroker, all rebuilt drivetrain including tranny t-case front/rear ends drivelines, 1.3k after market air, 800 sepentine setup, digital gauges, all new interior, all new sheet metal to replace rust, cowl hood, even fabed a single wall top to it, Truck was absolutley stunning when I was finished after 2 years of labor. I ended up getting 15k for it and I was lucky to get that. Just look at the pics.

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I did when I was building it. Its not my first. I ussually restore cars. Tackled a truck though and thought I did pretty good. Its more a love for the vehicle than a money maker. People told me I was crazzy for selling it for that much but I had people offering me 10-12k for it. I had almost that just in the engine and drivetrain. I have a 74 right now im trying to unload and its clean. Cant seem to sell it though in this crappy economy.
 

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