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  #1  
Old May 7th, 2019, 11:43 PM
adamainge adamainge is offline
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Default 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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  #2  
Old May 8th, 2019, 01:46 AM
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sclor sclor is offline
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Default 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...
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Steve
New Orleans
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  #3  
Old May 26th, 2019, 10:48 PM
adamainge adamainge is offline
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Default Re: Inherited 1960 GMC



I am working Iím 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 hasnít been restored but it has been well taken care of.


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Old May 27th, 2019, 07:03 AM
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Ed Snyder Ed Snyder is offline
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Default Re: Inherited 1960 GMC

Quote:
Originally Posted by adamainge View Post


I am working Iím 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 hasnít been restored but it has been well taken care of.


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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.
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Medford, Oregon
1962 K1000 Suburban 401M & SM420
1965 2500 Suburban 351C & SM420 with Watson overdrive
1967 CM1500 pickup 351E & NP435
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  #5  
Old May 27th, 2019, 02:24 PM
BillT BillT is offline
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Default Re: Inherited 1960 GMC

Quote:
Originally Posted by adamainge View Post
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.
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Drove and owned many, but some of the more interesting ones were:

-'60 GMC 2500 Dump, 305 V-6
-'62 GMC 4000 Flatbed, 305 V-6
-'62 GMC 6500 Flatbed Dump, 478 V-6
-'67 GMC 7500 Box, 6V-53 Detroit
-'71 GMC 9500 Flatbed Dump, 637 V-8
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