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Old 09-25-2013, 11:04 PM   #1
bills59
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Buying a '68

I'm looking at buying a stock 1968 Chevrolet C-10 long bed but I have one question. The truck runs good and is drive able, the interior is not all torn up, it still has the original paint with only one dent on the fender and little to no rust. The price is $1800 but I noticed on the door jamb it has a metal tag from DMV and it as a assigned identification number. Does this detract from the value of the truck?

Thanks
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Old 09-25-2013, 11:16 PM   #2
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Re: Buying a '68

The DMV tag in the jamb indicates a rebuilt title. It was totaled and paid off by an insurance company at some point in it's life. Not surprising, as these trucks don't carry a lot of value to an insurance company as a farm truck or daily driver. It would definitely hurt the value in any resale situation down the road. For $1800, there's a lot to pick from, I'd keep looking..
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Old 09-25-2013, 11:19 PM   #3
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Re: Buying a '68

Would it have a salvage title?
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Old 09-26-2013, 01:34 AM   #4
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Re: Buying a '68

Quote:
Originally Posted by bills59 View Post
I'm looking at buying a stock 1968 Chevrolet C-10 long bed but I have one question. The truck runs good and is drive able, the interior is not all torn up, it still has the original paint with only one dent on the fender and little to no rust. The price is $1800 but I noticed on the door jamb it has a metal tag from DMV and it as a assigned identification number. Does this detract from the value of the truck?
Man, bills59, I wish I could think more like you do.

Whenever I find something I like, I buy it, fix it up, put more $$$ in it than I
can EVER get out of it, and enjoy every second of doing all those things.
That is, until some dumb-bug gets in me to sell it.

If I could find a runner that I like around here for $1,800, I'd start that
cycle all over tomorrow morning.

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Old 09-26-2013, 01:39 AM   #5
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Re: Buying a '68

not sure what plate you're referring to, but if it's got original paint it probably wasn't totalled. see how it drives. sounds like a decent deal to me... did you get any pics of the tag?
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Old 09-26-2013, 04:28 PM   #6
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Re: Buying a '68

Looked at the truck again the tag is a replacement id tag from DMV. The vin is the same as the glove box decal and title. Another issue is the truck hasn't been registered since 2006 so it has over $750 in back fees
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Old 09-26-2013, 05:13 PM   #7
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Re: Buying a '68

A "salvage" title is what is issued as soon as a truck is totaled/paid off by the insurance company. It can be for any reason, flood, fire, accident, hail damage, tree fell on it-whatever.

A "rebuilt" title is issued when a registered/approved rebuilder has repaired it and had it inspected by the state, who deemed it adequately repaired.

In your case, if it indeed has 100% original paint, then it was flooded or stolen and recovered. It also could possibly have been a state-approved cab swap.

To answer your original question- yes, in any of these scenarios the value of the truck is diminished.
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Old 09-26-2013, 06:02 PM   #8
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Re: Buying a '68

It also could be someone removed and lost the original VIN tag and the state replaced it in an approved way. CA only has clear title and salvage title ( no rebuilt).
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Old 09-26-2013, 08:01 PM   #9
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Re: Buying a '68

The truck has a clear title and after some negotiating I bought it. According the what I can make out the sticker in the glove box does indeed confirm the truck is Ivory/Gold, 327 V8, CST trim package, Automatic, Tinted windows, Heavy duty suspension. The vin on the replacement tag on the door jamb and on the glove box decal is CE148Z157633
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Old 09-26-2013, 08:32 PM   #10
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Re: Buying a '68

Sounds like a deal to me...congrats!

Any pics?
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Old 09-26-2013, 09:09 PM   #11
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Re: Buying a '68

Sounds like a 50th anniversary to me. Do you have a pic of the SPID(inside glovebox door decal/option sheet)?
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Old 09-27-2013, 09:13 AM   #12
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Re: Buying a '68

If the VIN on this plate is the same as the original,then is it a reassigned title?? I thought a new VIN came with any reassigned title/VIN-plate whether it's salvage,rebuild,or whatever. I would buy it in a heartbeat. I sure don't find "plenty" of original paint little to no rust trucks for $1,800. If you planned to put big bucks into modifying it I don't see the new plate hurting it. I only see that hurting it as being 100% original.
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Old 09-27-2013, 06:18 PM   #13
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Re: Buying a '68

Here's some pics. The previous owner had the seat re upholstered in standard black vinyl and painted the a/c vents & glove box door black
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Old 09-28-2013, 11:12 AM   #14
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Re: Buying a '68

cool truck. it's a 50th anniv, custom trim (not cst).
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Old 09-28-2013, 11:14 AM   #15
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Re: Buying a '68

i agree with special k, as long as there's no damage and the title is clean (at least will be after paying back fees) most guys won't care about the replacement tag.
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Old 09-28-2013, 11:26 AM   #16
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Re: Buying a '68

Quote:
Originally Posted by bills59 View Post
Looked at the truck again the tag is a replacement id tag from DMV. The vin is the same as the glove box decal and title. Another issue is the truck hasn't been registered since 2006 so it has over $750 in back fees
Great that you bought this truck. What I'm trying to figure out is this:

The folks at CA DMV (my favorite Hell) told me that after five years CA vehicles "dropped off" their system. So, when you go to register them,
it's like starting fresh......No back fees...none of that stuff. Maybe an inspection. But, mostly, not even that.

Was I misinformed from the horse's mouth? Or, did this truck stay in the system because of something about the "replacement tag"?

$750 in fees or not, you got a nice truck. Especially for the price.
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Old 09-28-2013, 01:57 PM   #17
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Re: Buying a '68

You've got a lot to start with on this truck. Good deal IMO, tag wouldn't bother me either.
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Old 09-28-2013, 10:03 PM   #18
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Re: Buying a '68

I rebuild wrecks in Arkansas and have since 1987. The trucks here only get a reassigned VIN tag if it is a stolen recovery or something along that vein. I have built hundreds of trucks with a salvage title since my state has put into effect the salvage title law, and if it were fair I would be all for it, but that is for another post another time. I have not had a truck with a state provided vin number ever I would tend to shy away from themas the same reason as anyone else would. So I just thought I would add that little tid bit not to inflame or trying to start anything with anyone just saying what happens in my state of AR. Jim
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Old 09-29-2013, 12:31 AM   #19
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Re: Buying a '68

Quote:
Originally Posted by magwakeenercew2jh View Post
Man, bills59, I wish I could think more like you do.

Whenever I find something I like, I buy it, fix it up, put more $$$ in it than I
can EVER get out of it, and enjoy every second of doing all those things.
That is, until some dumb-bug gets in me to sell
Omg... I swear I just typed that out myself! Haha! Been there, done that about 6 times. Lol
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Old 10-02-2013, 04:26 PM   #20
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Talking Re: Buying a '68

Quote:
Originally Posted by hugger6933 View Post
I rebuild wrecks in Arkansas and have since 1987. The trucks here only get a reassigned VIN tag if it is a stolen recovery or something along that vein. I have built hundreds of trucks with a salvage title since my state has put into effect the salvage title law, and if it were fair I would be all for it, but that is for another post another time. I have not had a truck with a state provided vin number ever I would tend to shy away from themas the same reason as anyone else would. So I just thought I would add that little tid bit not to inflame or trying to start anything with anyone just saying what happens in my state of AR. Jim
a salvage title dont bother me at all it does not effect and vehicles ride or drive at all. it is just a piece of paper that i will put in a filing cabinet. i have owned several rigs with salvage titles. i own 3 of them now. i have not ever owned one with a reassigned vin. i have bought and sold a few but never kept one. i did not have any trouble selling them.
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Old 10-03-2013, 12:00 AM   #21
bills59
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Re: Buying a '68

Is their any way to find out if the truck originally had "west coast" style mirrors or the round or square head type?
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Old 10-03-2013, 01:12 AM   #22
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Re: Buying a '68

Quote:
Originally Posted by magwakeenercew2jh View Post
Great that you bought this truck. What I'm trying to figure out is this:

The folks at CA DMV (my favorite Hell) told me that after five years CA vehicles "dropped off" their system. So, when you go to register them,
it's like starting fresh......No back fees...none of that stuff. Maybe an inspection. But, mostly, not even that.

Was I misinformed from the horse's mouth? Or, did this truck stay in the system because of something about the "replacement tag"?

$750 in fees or not, you got a nice truck. Especially for the price.
it used to be they "dropped off" but they stopped doing that a while ago. they're keeping permanent record now, not sure when they switched. so unless you were told this like 10 years ago, yep you were misinformed...
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Project "Little Sister" (70 c10 blue original paint refresh)
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Old 10-03-2013, 10:13 AM   #23
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Re: Buying a '68

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Originally Posted by bills59 View Post
Is their any way to find out if the truck originally had "west coast" style mirrors or the round or square head type?
Yes, If your truck had optional mirrors, they will be listed on the SPID. Your SPID does not have optional mirrors listed, so your truck came with the standard mirrors. In 68 that was a 6 1/4 inch round head, fixed arm mirror. (RH&LH) Nice 50th BTW
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