values of our trucks on the increase

[The Rocknrod]

Originally Posted by davischevy

This ain't a trend for me, it's a life style.

Exactly.

[Grumpy old man]

67-72 has hit their peak ? I'm not so sure about that . Every day there are new members joining let alone how many don't even know about this site ? We see so many coming on with mid model year C-20's they found and look at how many have been cut down to short beds ? What I've noticed is the surge in new owners and how much the price of good used parts have gone up in just the last few years . From what I've seen it's still on the rise and will be for a while .

[davischevy]

Enough conjecture.

Somebody point me toward these trucks with the falling prices.

[Grumpy old man]

Guys told me I was crazy buying them like this years ago running for $500.00 with clean titles , I just kept buying them whenever I found a deal . What's a 67 short bed running builder selling for now ?

[Red71gmc]

I don't know about these trucks but I have seen collectable guns go down. Not long ago WWII guns, Winchester lever actions, and Model 12's were sky high for nice examples. They are still valuable, but they sit for sale for a long time and way off their high.
I think vehicles are a little different because multiple generations of people like classic. In guns it is more generation specific I feel. Most younger people would rather have an AR 15 for $700 then a nice lever action for $3000. I don't see this in vehicles.

[special-K]

These trucks are not of the generation largely behind the 'trend'. Just like my generation, the Model As were bought and restored by our parents generation. We were building street rods. That older generation is vanishing and the hot rodders just keep on coming. These trucks are no different. Always had a following, always will.

[davepl]

You might think "Oh, well, the 67-72 was only around 5 years so wouldn't have a big following" but that doesn't explain the 69 Camaro's popularity, for example.

I think people will gravitate towards what they liked in their youth (square vs 6772) but the values on the 6772 will be higher and stay higher. You'll see $100K trucks in the next 10 years, I bet, but they will be RARE versions of these truck. Not one with a fake spid and a 307.

And I've got nothing to sell!

[Coley]

I think there is an upcoming sunset or at least a 'max' on the value of these trucks due to a seriously changing demographic coming up behind us.

To understand this, all the truck guys here need only use their own 'kids' (ie: teens, young adults, etc) as a 'barometer' of interest relative to these classic-vintage vehicles.
Most of us guys/enthusiasts here are older and are having to build or buy their trucks for their sons (or daughters) in an attempt to 'jumpstart' the classic vehicle interest process....noting that most of them (unlike most of us) are not actively doing this or funding this on their own....which relative to our younger experiences, is probably unique.

Whereas most of us, when we were 16-22 yrs old, were probably a lot more self-driven on the hobby. I'm pretty sure that our fathers were, for the better part....not out in the garage, building (or buying) our first truck while we were elsewhere or gaming lol.

The younger generation today does not have the same reference points for this kind of stuff or the same interest....so unless we prime the pump constantly on this for them, I think the market will soften a bit as we age and slowly drop out.

That said, as long as we like our rides and are happy with what we pay for them there is no problem....but I for one, wouldn't bet my house against the value going up much more or for too much longer.
If I'm wrong on this.....all the better I suppose, but I sense a bit of a sunset.....no problem, its all in the budget, lol.
In the meantime tho'....I'm going to keep enjoying and driving the heck out of these things!

All good
Coley

[Stocker]

My personal viewpoint (as if anyone cares ) is that the value of our trucks really doesn't matter much to me. I bought my K20 more than 41 years ago because I needed a pickup, not as a potential investment. It has served me well and after years of gradual decline, it's now getting a mild resto --rust repair, mostly, and fresh paint. Regardless of its value, I won't sell it. One of my sons has expressed interest in having it..... eventually.

[saxart]

Originally Posted by Coley

I think there is an upcoming sunset or at least a 'max' on the value of these trucks due to a seriously changing demographic coming up behind us.

To understand this, all the truck guys here need only use their own 'kids' (ie: teens, young adults, etc) as a 'barometer' of interest relative to these classic-vintage vehicles.
Most of us guys/enthusiasts here are older and are having to build or buy their trucks for their sons (or daughters) in an attempt to 'jumpstart' the classic vehicle interest process....noting that most of them (unlike most of us) are not actively doing this or funding this on their own....which relative to our younger experiences, is probably unique.

BINGO!! I’ve been a HS teacher for the past 26 years and can tell you that without a doubt, today’s young kids do not have much of an interest in old vehicles. The town in which I work is rural, and even those kids (who probably have more of an exposure to vintage equipment) don’t, as a group, seem to care for vehicles as anything more than a a tool, like a blender or a lawnmower. The vehicle gets them from point A to point B, and as far as they are concerned, the newer the better. I don’t fault or judge them for this, it’s just a shift in thinking. Not right or wrong, just different. Today’s kids are under so many more stresses than “we” were, it’s crazy!

Anyway, I’ve strayed from the topic, but I do agree that there will be a “sunset” on vintage vehicles in general in the coming decades because of what was mentioned. It’s inevitable.

[iriereggaeman]

Anyone else watch this auction today?
https://bringatrailer.com/listing/19...c10-pickup-19/
It fetched a nice price, and saw more than the average number of bidders.

[cornerstone]

After seeing those auction results I'd say the prices are still on the rise...

$25,250.00.................... WOW!!!!!!!!!

[Coley]

.....respectfully, a few auction results does not a market make, as Barrett Jackson has shown.

A lot of guys walk out of the auction certain that they have $40-$50k sitting in their driveway....and that almost never pans out and is never the case.

Nice drivers in nice condition can be found for $8-$12k all day long....
The truck in the above auction was a nice truck and the guy may have been lucky to get his money back....although he may not have gotten his labor costs back.

I still stick with my take that given the 'new/next' generation' coming up behind us....there will be a decreasing market on these over the next 10-15 years as we age out of the system.

All good
Coley

[chip46wis]

Just my 2 cents....dealers of 67-72s seem to want more than ever.....local wis. prices are dropping for 3-4 years now.

[Qammer]

I recently sold one pickup and finally bought a Chevrolet pickup. My wife thinks her minivan is a family car and my pickup is just my hobby. I will be glad to please her that the price of pickups rises and we can make a profit on the sale . Just kidding, I dreamed too long about this car to sell it. I bought a new pickup truck half a year ago. He was in poor condition. A pair of dents, rust on the body, but I could bring it in order. I also completely replaced the interior, bought a new suspension, replaced the shock absorbers. I Scary Link Removed and decided to continue to improve my pickup. I want to lift the truck body, this should improve off-road driving. I want to replace the wheels, buy a ladder for the car's bed. I plan to finish updating my pickup by summer. As far as I understand spare parts of the car will also go up in price?

Moderation Edit:
Hey Qammer, if that wasn't a phishing attempt, please come back and tell us what that link was. Thanks.

[davischevy]

"look here". If you fall for that you may be in trouble.

The spammers are at it again.

[davischevy]

"look here". If you fall for that you may be in trouble.

The spammers are at it again.

[71CHEVYSHORTBED402]

Just got off the phone with Hagerty Insurance, inquiring on more coverage. He says these trucks have seen a great increase in value since 2017. He says they'll cover a first rate 402 Fleetside up to 57K.

[leddzepp]

Time to insure my truck with Hagerty and push it off a cliff If they are going to insure it using Barrett Jackson’s numbers I’m cashing out.

[iriereggaeman]

another 67-72 truck fetching a very nice price:
https://bringatrailer.com/listing/19...et-suburban-2/

It sold for nearly $45K

[best view]

Well my 2 grandsons know as much about these trucks as anyone on here they are 16 and 17 they work and saving money to buy one as there first truck they sit in mine and love rolling up the windows ask why did they stop using vent windows a questions I can’t anseur

[FleetsidePaul]

Originally Posted by leddzepp

Time to insure my truck with Hagerty and push it off a cliff If they are going to insure it using Barrett Jackson’s numbers I’m cashing out.

My Mustang is insured for way more than I think it's worth. I could be wrong. I often am. But at least I don't worry about it being stolen. Go ahead and take it. I won't stop you. My truck is a different story. I'd get classic car insurance on it but I don't garage it and drive it all the time. It doesn't qualify.

[72c20customcamper]

The square bodies are the up and coming truck but the 67-72 wont be hurting either. I was offered what I think is a great price for my 77 suburban from a younger neighbor . I'm still thinking on it.

But what's is really getting me is the orphan cars are now bringing very strong money. I had my AMX appraised by two different companies . 1st was 27k the second 29k I had it insured for 15k .5 years ago you couldn't get 15 for a nice AMX .

[71CHEVYSHORTBED402]

OT, Hagerty Insurance is awesome. Time for renewal, we made some changes. She talked me up on my C20. Was at 4K, she said fair value was now 8K. Someone stopped by recently asking to buy it, gets you thinking, so I insured it at the break-even point of 6K

C10 will be approaching "concours" this year. Haggerty works off two books. First book showed 30K, boy was I disappointed. The other book is more detailed, and she said they'd insure for 50K. I ran with 35K, for now. I bought salvage rights on the truck as well, and they insured my parts. $180 annual increase. They'll even insure your tools. Good saleswoman

[YBNORML]

Originally Posted by best view

Well my 2 grandsons know as much about these trucks as anyone on here they are 16 and 17 they work and saving money to buy one as there first truck they sit in mine and love rolling up the windows ask why did they stop using vent windows a questions I can’t anseur

Hahahhaha. I got that question about vent windows from my youngest last summer. I also did not have an answer.

I get a little frustrated on here with all the negative talk about the youth and then not caring about old cars/trucks. 25 years ago when I bought my first 67-72 there wasn’t a lot of guys/girls around me that cared either. The hobby will continue. It might shift from trend to trend but it will still continue.