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ghostella t1_j4sri0v wrote

The top tax rate is 10.1%. Don't know anything about old trucks but NADA values this truck at least for $26k?? And you got it for $2600?

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fissionpowered t1_j4ssh27 wrote

Just checked NADA prices, and yep, the median resale of a '72 F-100 is $26k.

That, obviously, represents mostly restored vehicles.

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DCTom t1_j4xxknv wrote

😳$26k for an old beater truck?!

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thepulloutmethod t1_j4yuypu wrote

They're collectors items at this point. It's not easy to get your hands on a pickup with bench seats and a stick shift nowadays.

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abovethe_clouds OP t1_j4ssd8t wrote

The values are wildly inflated. I have no idea why. This truck in nice condition regularly sells for between $7000 and $15000. Mine is pretty rusty, and needs some mechanical work. $26000 would be for a high-quality restoration.

I got a decent deal, but the absolute most I think I would be able to resell mine for is $4000 on a VERY good day.

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ghostella t1_j4uz5a5 wrote

There has to be a way to appeal the value right?

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flordecalabaza t1_j4ssldu wrote

Looks like the book value is 20-60k although you can find jacked up ones selling for half that. With a working engine 2.6 is a pretty big steal though.

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abovethe_clouds OP t1_j4tdwzz wrote

I was looking on Craigslist and Facebook marketplace for a month or so before buying this one. I would regularly find running trucks for less than $4000. Honestly, if they told me the value was anything less than $10,000, I'd be pretty annoyed, but pay. But, more than I paid for the truck is insane.

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