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Would you buy this truck?
#1375216 Sat Aug 29 2020 02:59 AM
Joined: Jan 2017
Posts: 74
G
Wrench Fetcher
Hi Folks,

I am looking at a 1950 GMC 9424 (Canadian 3/4 ton) with 3 speed. Copy and paste the link below for pictures. It runs, drives and stops (we went for a ride). It is 100% original and complete, including a matching numbers block. The odometer says ~6000 miles which I don't really believe, but if it had rolled over 99,999 it would not likely be on the original block...

It is nearly dent free. It does have serious rust in the driver side cowl inside and out and some on the fender. Some rust in passenger side and the floor has some rust. Nothing crazy but would need replaced. Cab corners are very good with a bit of rot right at the bottom. Nothing out of the ordinary here.

My plan would be to get it mechanically sound and find an exterior product to stop the rust so I can drive it and enjoy for now. Then frame off restore and paint in the future.

My question for you folks is what would you pay for this? I picked up my 1951 9434 1-ton pickup for about $2200 CAD a year ago and it is complete and in similar shape, but with a seized engine. This fellow wants $6500, which personally I think is way too high. What do you think the market value is for this truck?

https://drive.google.com/drive/folders/129PW3iEByIFGk_buejnuuC4H-I1A4FyK?usp=sharing

Thanks,

James


1951 GMC 9430 long box w/ hoist
1952 GMC 9430 long box w/ hoist (sold)
Re: Would you buy this truck?
GMCanada9430 #1375217 Sat Aug 29 2020 03:08 AM
Joined: Apr 2005
Posts: 9,095
Grease Monkey, Moderator General Truck Talk & Greasy Spoon
$3000 to $4500 in my neck of the woods.


Martin
'62 Chevy C-10 Stepside Shortbed (Restomod in progress)
'47 Chevy 3100 5 Window (long term project)
‘65 Chevy Biscayne 4dr 230 I-6 one owner (I’m #2)
‘39 Dodge Businessmans Coupe
USAF 1965-69 Weather Observation Tech (got paid to look at the clouds)


"I fought the law and the law won" now I are a retired one!
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Re: Would you buy this truck?
GMCanada9430 #1375227 Sat Aug 29 2020 04:38 AM
Joined: Sep 2010
Posts: 635
K
Shop Shark
If that’s 6500 Canadian then it would be about 4960 US dollars.At least you’re have seen it run and drive and most in that original shape are parked and have sat for years .


kevinski 1954 GMC 9300 Welcome to the virtual Garage
Re: Would you buy this truck?
GMCanada9430 #1375228 Sat Aug 29 2020 04:47 AM
Joined: Apr 2002
Posts: 1,754
F
Fox Offline
A teacher, but always an apprentice.
I agree with Martin. 3000-4500 CDN in my neck of the woods. He’d likely get nearer that price if it were a 1/2 ton. Aren’t you supposed to start your price low anyways? I’d start bartering with him.

Last edited by Fox; Fri Sep 04 2020 04:32 AM.

In the Stovebolt Gallery [stovebolt.com]
More pictures here [photos.app.goo.gl]

1951 GMC 9430 1 ton dually—-Shiny!

1970 Chevrolet C10 - Grandpa’s- My first truck.—in progress to shiny
1972 Chevrolet C20- rusted
1970 Chevrolet K20 Suburban—rusted.
1950 Chevrolet 1300- in progress to shiny.

Parts trucks-
1951 GMC 9300
1951-GMC 9430
1951- Chevrolet 1300
Re: Would you buy this truck?
GMCanada9430 #1375229 Sat Aug 29 2020 06:27 AM
Joined: Jun 2008
Posts: 1,458
S
Shop Shark
That truck is in fantastic shape for its age!. Body is straight and mostly solid. The wiring in the engine bay is near pristine, so I’m tempted to say the mileage may be correct. If not, it’s still a low mileage truck. I’d jump all over it if it was in Texas! Offer him $5K and don’t budge. $5,500 would be my best offer. These trucks are getting pricey, so don’t expect him to give it away.

Good luck!


Chuck
1950 Chevy 1/2 ton (original)
1951 Chevy 1/2 ton (future streetrod)
1941 Chevy coupe
1938 Chevy coupe streetrod
Re: Would you buy this truck?
GMCanada9430 #1375234 Sat Aug 29 2020 11:14 AM
Joined: Jul 2019
Posts: 337
B
Shop Shark
The guys in my area all are asking $15k for the same truck or even a 1/2 ton thats all filled with cheese in the cab corners. I just laugh when I hear that price. I know they will still be sitting there years from now haha. Last one I saw was a green 50 gmc150 that i have to admit was fairly rust free but was dented and smashed and bed was falling apart and “he knew it was worth 15k”. I just giggled to myself. I will admit they are getting harder to find cheap but some people are not realistic. Thats the same guy that would dump 20k into it then ask 35k. Im like uhhh it dosent work like that.

Re: Would you buy this truck?
GMCanada9430 #1375236 Sat Aug 29 2020 11:48 AM
Joined: Aug 2005
Posts: 9,148
Master Gabster
Value is so subjective. A vehicle that would bring $3K in Kansas will likely bring $8-9K on either coast. The bottom line is it's worth what someone is willing to pay for it. If the widget seller is happy with what they got out of it and the widget buyer is happy with what they paid it's a good deal.


Save a life, adopt a senior shelter pet.
The three main causes of blindness: Cataracts, Politics, Religion.
Name your dog Naked so you can walk Naked in the park.
Re: Would you buy this truck?
GMCanada9430 #1375241 Sat Aug 29 2020 01:20 PM
Joined: Jul 2014
Posts: 633
D
Shop Shark
Not sure if you are saying $6500 Canadian or US, either way decide what you are willing to pay and make an offer. I'd pay $4500 US for that truck, recondition the brakes and driveline and drive it till it broke, fix it and drive it some more. These old trucks are getting scarce.


Ronnie
1954 Chevy 3604 - A work in progress...

" You can't keep dancing with the Devil and wonder why you're still in hell"
Re: Would you buy this truck?
GMCanada9430 #1375245 Sat Aug 29 2020 01:39 PM
Joined: Jan 2017
Posts: 74
G
Wrench Fetcher
Thanks for the input, everyone. I am in Alberta Canada where I feel these trucks are not really that scarce. But in this condition they certainly are. Again it does have some significant rust in the floor and cowls, but as Spotbiltxo points out it really is immaculate mechanically and very straight. Everything works including the horn and lights. Fox I agree with your valuation exactly. I offered him $3000 CAD to start off the negotiation and he got stuck at $6500 CAD. I believe it is one of those cases where he may have overpaid for it and he is determined to make money on this sale... I think I will counter at $4000 and see where this thing goes!

Hope he is not watching this forum......


1951 GMC 9430 long box w/ hoist
1952 GMC 9430 long box w/ hoist (sold)
Re: Would you buy this truck?
GMCanada9430 #1375258 Sat Aug 29 2020 03:05 PM
Joined: Aug 2005
Posts: 9,148
Master Gabster
If you walk away you might leave him your business/courtesy card. If it's overpriced it won't sell and he might give you a call later.


Save a life, adopt a senior shelter pet.
The three main causes of blindness: Cataracts, Politics, Religion.
Name your dog Naked so you can walk Naked in the park.
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