Posted by bruce in CO on Tuesday, November 13, 2007 at 22:02:50 :
In Reply to: 1953 Dodge Pw for sale on craigslist. Ranting posted by Bill on Tuesday, November 13, 2007 at 10:56:42 :
I searched for several years before taking the big step and picking up what I still consider to have been a good deal on a '53 B4. In addition I paid current rates to have it transported from several states away. The truck needs a lot of work. I have had to set my own priorities for time and cash and several years have slipped by with little or no work invested in the truck.
I will admit at this point that I probably would have had greater satisfaction in waiting a few years to build up funding to have purchased a higher-priced more-complete PW. However, the hope and desire is still there for me to restore this one when the timing is right for me.
On the otherhand, (and I am confidently guessing that I am not alone in this thought) I am proud of my investment and pleased to know by constant observation of the market that at any time I choose, I can advertise my truck and sell it for more than I have invested. I have never owned another vehicle for which this has been true. Does that make me the same sort of creep that Bill is ranting about? If so, then too bad! The "Power Wagon Fraternity" (or "cult" if you so desire the term) of which this Forum plays a large role, is not a charity organizaion for those currently looking to purchase a truck!
My suggestion to Bill would be to look for similar trucks such as Ford/Marmon Harringtons, or GM/Napco's, or similar vintage Internationals. All of these choices are currently priced lower than PW's, all have comparable running gear componants, and unless one is a "do-or-die" MoPar enthusiest, they all have the "old-iron-American-made Coolness"
If I am able to restore my PW to my satisfaction, my sincere intent would be to keep and use it for my hobby/worktruck. However, if I were to choose to sell it after restoration, I would be looking to get every dollar I will have invested. If I could possibly get a bit more, I would consider that a small petence in return for coutless hours of time sure to be invested.
Any asking price is a starting point. Negotiation between any seller and any buyer results in the selling price. That's the market ... take it or leave it.
Respectfully, Bruce
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