'54 M37 value needed??

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carolinamv
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'54 M37 value needed??

Post by carolinamv »

Id like some opinions on what my truck might be worth right now? I have put a lot of time and effort into it since I bought it. Im on the fence of letting it go and starting on another one. And Im not sure what ball park to start in price wise? I don't have a picture of the engine, but its as clean and detailed as the rest of the truck . If I go to sell it I will take more.

Frame of restoration for example it has Dodge Bros bolts so its on a high level of detail , etc. Full PM always done, Ams Oil ,etc , so it wasn't done on the cheap. It does have little scratches and such in places but a museum restoration for sure.
3,5XX Miles.
Not sure what other info you might need to a quick value and all. If anyone here is interested im open to ideas.




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-Jay

MVPA#31295
Military Vehicle Collectors of Colorado
http://www.mvcconline.org
3/3 CAV HWB
52 M-42
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Re: '54 M37 value needed??

Post by 52 M-42 »

That is a very tough question. It depends on your market and exposure to it. MV Brokers will consistently get much higher prices as will auction houses, but they will take their cut. You can market it, but it will only be worth what the market will pay.

Not much help I know, but start doing your research (Barrett-Jackson in Scottsdale, AZ and some of the Brokers - try Hemming's Motor News for listings). Private sales tend to top out at a pretty low price (I've never seen or heard of a private sale over $25,000). Auctions and Brokers - much higher gross, but you're interested in net.

Just my 2 cents. Remember, opinions and advice are worth precisely what you paid for them. :D
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carolinamv
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Re: '54 M37 value needed??

Post by carolinamv »

Yeah I haven't used a place like Barret Jackson before. I would rather sell it myself on here or even Ebay to keep it simple. I wouldn't expect close to 25k but a good fair price would make me happy if I sold it.
I might look around and see what I can find on those sites you said- Jay
-Jay

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Military Vehicle Collectors of Colorado
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just me
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Re: '54 M37 value needed??

Post by just me »

Barrett Jackson isn't interested unless it is an over restored retro rod. I always figure 25% of what you have in it is doing good. 35% is exceptional. It is an MV that is not a Jeep. Makes it worth half. At least here in AZ.
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Re: '54 M37 value needed??

Post by dbcolts »

I agree....everyone's comment is "right on". I've sold a few this year. And they vary in price quite a bit. I've seen fully restored trucks sell from $7500 to $15,000. Quite a range....it just depends on the area you are in....and the market, at the time. I sell "running" trucks.....that need body & paint work....for $3000 to $6000. Depending on how much work they need.
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carolinamv
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Re: '54 M37 value needed??

Post by carolinamv »

Id like to think mine would be at the high end with every tiny detail done at 15k. If basic running driving ones that need restored sell for 3-6k. I knew the prices were all over the map and no one gets what they put into them back out if you restored the truck.
I think I will hang onto it a bit longer anyways, its the only one at the shows/parades currently.
-Jay

MVPA#31295
Military Vehicle Collectors of Colorado
http://www.mvcconline.org
3/3 CAV HWB
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