View Full Version : Inherited 1960 GMC
adamainge
May 7th, 2019, 11:43 PM
My grandfather died recently and left me a 1960 GMC truck. He is the original owner and it has 100,000 original miles. I want to pay my aunts fair market value for the truck since they could all use the money and I think it would make the fact that he left the truck to me easier on them. The problem is I have no idea how much it is worth. Any ideas of how to determine the value?
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sclor
May 8th, 2019, 01:46 AM
Adamainge:
Condition, condition, condition... Why don't you post up some pictures of the outside, inside and engine and we might be able to give you a better idea.
Hope that helps...
Regards
Steve
New Orleans
adamainge
May 26th, 2019, 10:48 PM
https://uploads.tapatalk-cdn.com/20190526/530715da53fb57159d79dcd40db5fbaf.jpg
I am working I’m getting more pictures. My aunt is being pretty protective so I am taking it easy. I will post more when I get them.
It is in fair condition. It hasn’t been restored but it has been well taken care of.
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Ed Snyder
May 27th, 2019, 07:03 AM
https://uploads.tapatalk-cdn.com/20190526/530715da53fb57159d79dcd40db5fbaf.jpg
I am working I’m getting more pictures. My aunt is being pretty protective so I am taking it easy. I will post more when I get them.
It is in fair condition. It hasn’t been restored but it has been well taken care of.
Sent from my iPhone using Tapatalk
If the rest of the truck looks as good as what I can see in this photo, a fair value would be $5,000 in my humble opinion. Short wide beds command a premium.
BillT
May 27th, 2019, 02:24 PM
It is in fair condition.
If the truck is as good as it looks, it's a whole lot better than fair.
So far it looks Very Good.
Hope your negotiations work out well for you.
Looks like a real nice truck.
GTS61
September 1st, 2019, 04:32 PM
OMG the truck looks beautiful. You'll enjoy it!! Good luck!
POWERSTROKE
September 8th, 2019, 09:31 PM
Kelley Blue Book or NADA or Edmund's are all on -line auto/truck pricing guides. You are able to pick the condition you think the vehicle is in, and enter mileage, options, and the area of the country the vehicle is in by zip code. I've traded cars and used Kelley Blue Book value to determine the deal, all I did was make sure the dealer included ALL the options my trade-in had.
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