Inherited 1960 GMC
 

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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Re: Inherited 1960 GMC
 

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

Re: Inherited 1960 GMC
 

https://uploads.tapatalk-cdn.com/201...d40db5fbaf.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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Re: Inherited 1960 GMC
 

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.

Re: Inherited 1960 GMC
 

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.

Re: Inherited 1960 GMC
 

OMG the truck looks beautiful. You'll enjoy it!! Good luck!

Re: Inherited 1960 GMC
 

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.