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73-87 Chevy _ GMC Trucks => Body, Glass & Paint => Topic started by: Andrew1989 on December 13, 2018, 06:17:14 PM
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1977 GMC Sierra I will make this as short as possible, so please bare with me. I have a 77 sierra that I purchased for $500 in order to have something to put a motor/tranny I had completely redone with nothing to go into.
I am currently deployed and when I return, I need to sell this truck to get in a better financial state and recover 100% financially from a divorce.
I am at the stage to where I need to decide the most cost effective plan to finish body, glass, and paint so I can get the most money out of this truck as possible.
If anyone who has bought and sold these trucks could give me advice, and let me know what information they need about what I have done to the motor, tranny, driveline,truck, and what parts I have left to put on, it would be greatly appreciated. Here are some photos of trucks current state.
(https://uploads.tapatalk-cdn.com/20181214/e6db29e26718bb0b7f28482e3ef113a9.jpg)(https://uploads.tapatalk-cdn.com/20181214/ff82923fc1fcab52c7a9ead12501c7aa.jpg)(https://uploads.tapatalk-cdn.com/20181214/ab581c4aa468ee333c2c90f3ef64bb72.jpg)(https://uploads.tapatalk-cdn.com/20181214/613b08fba3eaaebd9b0fc08e87135e08.jpg)(https://uploads.tapatalk-cdn.com/20181214/19d8d7d52132add2fd1cce367cd08c79.jpg)(https://uploads.tapatalk-cdn.com/20181214/15e13b919aacc3199de9f5fd2cdf4c89.jpg)(https://uploads.tapatalk-cdn.com/20181214/ce5bee02c2241123ef3a717aea76b7ae.jpg)
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When I got divorced, I sold one of my trucks and always regretted it. Not thinking that I can "always make more money" rather "you can always get another truck". Stupid logic because I do not regret getting divorced but I do regret selling that 75 K5 and of course, I made more money. It's tough to get a return on investment in the direction you are talking. If you are going to sell it, sell it as a project truck as is. List it high, sell the powertrain separately. Good Luck
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I can definitely understand that. The good news is, the only real money I have invested is the drivetrain. I’m doing my build sheet now, and getting my solid numbers put together.
Any thoughts on what something like this would go for with engine bay correct (including rusted and green parts replaced), correct wheels/tires, and a 2-3k paint job?
I love c10s but I’ve never owned or sold one before this.
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Thank you for Your service.
I'm with Vile, I would pull the drivetrain & sell off the rest.
As far as what's it worth when you are done? I paid $6k for 1 of my trucks, the.guy had over 20k worth of receipts for it.
What part of the Country are you from? I'd part that truck out if you have the time. I've parted out more trucks than I'd care to admit.
Here in Mass I could sell that bed for $1500 If it's as clean as it looks in the picture. I got $500 for the last set of doors that I sold. Parting it out takes some time, but for Me, its quicker then building the truck.
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Every truck I've sold I've regretted doing so. If your on deployment save up all you can for when you return = live a simple life for a while, enjoy the simplicity of that. I don't think selling your truck will ultimately make a difference one way or the other! Retired Navy Chief here with one divorce under my belt while on active duty.
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Excellent advice gentlemen. I think I will get the truck done and take it to some shows this summer. If someone makes me an offer that puts me ahead, than so be it.
With how much I have in the heads, cam, rebuild, etc., it sounds like I won’t get a very good ROI.
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Thank you for Your service.
I'm with Vile, I would pull the drivetrain & sell off the rest.
As far as what's it worth when you are done? I paid $6k for 1 of my trucks, the.guy had over 20k worth of receipts for it.
What part of the Country are you from? I'd part that truck out if you have the time. I've parted out more trucks than I'd care to admit.
Here in Mass I could sell that bed for $1500 If it's as clean as it looks in the picture. I got $500 for the last set of doors that I sold. Parting it out takes some time, but for Me, its quicker then building the truck.
Nashville, TN
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I'm all for guys or girls building their dream car or truck . When you have the money & time, it's a great hobby. You have already talked about selling the truck when It is completed. I don't know many people that have built a "keeper" and sold It for a profit.. It just sounds like the timing isn't right for you right now in your life.
I don't know the details of your drivetrain, but would love to hear them when you have a minute.
Let's go over some guestimates.
Built small block = $5k +/-.
Built tranny w/converter = $1k +
Paint ( your quote) =3k
Truck purchase $500
Right there you are at $9,500
That's without touching the new glass you mentioned, exhaust, interior, tires & rims, reinstalling the air cond etc.
I can easily see this turning into a $15-20k project. What are these trucks selling for in your area?
I have seen far to many people that have to give up on their projects half way through. Others have been in so much such debt, they had to sell them before the paint dried after getting them back from the body shop. Don't get me wrong, I'm the first 1 in line with my car trailer & a pocket full of cash waiting to buy them. I always wondered, did they have a goal when they started the project?
You mentioned that you are trying to get your finances in order. I don't see how building a 77 GMC will help achieve that goal. I do see how you could make a few thousand dollars parting out that $500 score.
I say store that motor untill the time is right to start a project you plan on keeping. If you lived closer we could store that motor in my 69 camaro and to see what it can do at New England Dragway.....
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I'm all for guys or girls building their dream car or truck . When you have the money & time, it's a great hobby. You have already talked about selling the truck when It is completed. I don't know many people that have built a "keeper" and sold It for a profit.. It just sounds like the timing isn't right for you right now in your life.
I don't know the details of your drivetrain, but would love to hear them when you have a minute.
Let's go over some guestimates.
Built small block = $5k +/-.
Built tranny w/converter = $1k +
Paint ( your quote) =3k
Truck purchase $500
Right there you are at $9,500
That's without touching the new glass you mentioned, exhaust, interior, tires & rims, reinstalling the air cond etc.
I can easily see this turning into a $15-20k project. What are these trucks selling for in your area?
I have seen far to many people that have to give up on their projects half way through. Others have been in so much such debt, they had to sell them before the paint dried after getting them back from the body shop. Don't get me wrong, I'm the first 1 in line with my car trailer & a pocket full of cash waiting to buy them. I always wondered, did they have a goal when they started the project?
You mentioned that you are trying to get your finances in order. I don't see how building a 77 GMC will help achieve that goal. I do see how you could make a few thousand dollars parting out that $500 score.
I say store that motor untill the time is right to start a project you plan on keeping. If you lived closer we could store that motor in my 69 camaro and to see what it can do at New England Dragway.....
Ive got all the parts to get her right. headers, aftermarket ac kit, etc. I’m thinking I can get her done for 12-13k total invested, painted and everything installed.
Only thing I’m not gonna have looking solid is for that number is interior. Putting together my receipt and build list as we speak.
I’ll post it.
Here’s interior (https://uploads.tapatalk-cdn.com/20181214/0c1a778f82ece7813dd6ed58d6a36882.jpg)
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Hi Andrew:
I think in the restoration of a squarebody, the greatest single expense is getting an acceptable quality paint job. This involves fixing all those little details of dents, rust, and door/tailgate/hood fitting and alignment. I think the estimates on this thread of $3K are WAY low. Even if your truck is not a rust bucket, I think you will be hard pressed to get a good finish on the truck for less than $10K. Have you gone to a shop and showed them pictures of your truck and discussed what you want done? These old squarebodies have a lot more surface area of paint coverage than newer trucks much less cars and paint is expensive now...especially the bright colors such as red.
Regards,
Henry
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Ok. So here is the quick build list that I have receipts for. I’m adding $500 for miscellaneous things that jegs etc. is sending me receipts on. Added some more photos.
I can get the truck painted professionally from a buddy for $1000.
$9,122.00 in parts
$500.00 misc.
$1000 paint job.
(https://uploads.tapatalk-cdn.com/20181217/76aae5cab7b3af3f8df3c44067ec1cc1.jpg)(https://uploads.tapatalk-cdn.com/20181217/6fe4c5d02be5b4bdf3bb99e4a4ae5491.jpg)(https://uploads.tapatalk-cdn.com/20181217/4fa6299144dcf4afa0bb69125f900f34.jpg)(https://uploads.tapatalk-cdn.com/20181217/77d537d30190e8d5f215335d79ac414e.jpg)(https://uploads.tapatalk-cdn.com/20181217/8a611c1b1d76f94517bcaa3c44d02f6a.jpg)
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Hi Andrew1989:
OK, so you can get a ridiculously good deal on the paint and bodywork...see if you buddy will also paint the interior while he is at it. What about the interior?...this could add up fast...here are the items you need to price:
1. Carpet set or rubber mat
2. Headliner or not
3. Seat cover (may also need foam cushion and new springs)
4. Seat belts...are they OK?
5. Dash pad
6. AC registers
7. Instrument bezel
8. Door panels
There are 3 or 4 parts suppliers that have these parts that you can check on prices. Items 2 and 3 you most likely will need a pro to install.
Regards,
Henry
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Thanks for the reply. I would rate the interior 6.5-7/10. Hes not really big into doing interior, he just paints and does body work solely.
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Hi Andrew1989:
Well, all the interior work and installation can be the last thing to do on the restoration. If you are a shade tree mechanic you can do most of it yourself when you return from deployment. If you find an upholsterer to do your seat and headliner, usually these guys can also do interior parts installation. The list I gave you should allow you to find out just how much all the parts are going to be and you can do this on-line. Actually, re-covering a Chevy bench seat and headliner is so common that you could probably get a quote from a upholsterer in your home town on-line as well.
Regards,
Henry
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Thank you. Spoke with my uncle last night and he is doing the seat custom for me. Googling how to powdercoat plastic and I’m thinking I’m gonna tackle that one. I’ll keep y’all posted with updates if you’re interested. Any if anyone wants a truck in the 10k to 15k range done, you know I’ll have one
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When I got divorced, I sold one of my trucks and always regretted it. Not thinking that I can "always make more money" rather "you can always get another truck". Stupid logic because I do not regret getting divorced but I do regret selling that 75 K5 and of course, I made more money. It's tough to get a return on investment in the direction you are talking. If you are going to sell it, sell it as a project truck as is. List it high, sell the powertrain separately. Good Luck
This, except I am still on my first marriage and we both are still reasonably happy about it. ;D
Trying to justify spending more money on a project believing you are adding value to it is ....dangerous. You bought the truck right but trying to add the expense of a completely rebuilt drivetrain with expensive speed parts destroys that fact. If it had a plain V8 with an automatic transmission and working a/c once you painted it, did the interior and glass, the truck would be worth about the same, give or take a thousand dollars. And this is after you spent days and weeks chasing stuff, fixing things, calling in favors, etc in addition to taking a vow of poverty to finish the truck. If money is an issue today, it's not going to get any better fixing an old truck that "might" be worth something in a year.
This is another point, these trucks are hot right now but this market can turn in a heartbeat. There are a bunch of people who speculated on 911's standing around with their pants down around the ankles thinking there is always somebody who was going to pay more. Guess what happened? The market peaked and they are upside down. I don't know about your area but there are sections of town here in Phoenix that have a dozen or so, one and two person bodyshops that do wholesale or car dealer work. It seems like everyone of them has one or two of these trucks waiting to get in. When I see that, I know the end is near. They built millions of these trucks, the finest and best examples will always pull a premium, as more and more average trucks show up to market, prices will go down. Happens every time.
If you like the truck and plan on keeping it, go for it. Building it with the intent of resale? forget about it or do it without the expense of the drivetrain.
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Here is where I’m at with it. I believe I can get the truck to the point of a resale value of 13-15k for a cost of 12-13k. I will drive it for a summer or until the right person purchases it.
Any vehicle that I can get even close to what was invested is a win when it comes to any “classic”.
By researching what people are getting for these will low horsepower “350s” I actually think I’m being conservative.
I’ve had a large amount of hot rods, and it is very normal to lose money on them when it’s time to sell, but I really think that with the market how it is and with my investment amount, this will be one of the rare sales.
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