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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 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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  #4  
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 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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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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Ed Snyder
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1962 1000 Pickup 401M & Muncie 318 with overdrive
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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  #6  
Old September 1st, 2019, 04:32 PM
GTS61 GTS61 is offline
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Default Re: Inherited 1960 GMC

OMG the truck looks beautiful. You'll enjoy it!! Good luck!
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  #7  
Old September 8th, 2019, 09:31 PM
POWERSTROKE POWERSTROKE is offline
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Default 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.
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