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Old 02-04-2020, 03:48 PM   #1
MplsMike
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Default What year and what is it worth?

I am going to try and convince my cousin to part with her grandfather’s (my uncle’s) F1. It has sentimental value to her, but it is lying in a small garage that may fall down any day. I think it is ‘49 or ‘’50, it’s been parked over 30 years and has a flathead 8 cylinder. It is all there and fairly solid looking. I don’t want to offend her on price - what might something like this be worth? Assume the body is above average- not a lot of visible rust that I recall seeing but I am sure there are some rough spots. Here are some bad pics - small garage and no light.
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Old 02-04-2020, 04:38 PM   #2
J Franklin
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Default Re: What year and what is it worth?

Offer $600.
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Old 02-04-2020, 04:41 PM   #3
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Default Re: What year and what is it worth?

Not up on F1 prices, but I would think it would be worth way more than that! Think it could be parted out for much more.
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Old 02-04-2020, 04:46 PM   #4
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Default Re: What year and what is it worth?

It's hard to tell, not seeing the truck, but if its complete, I'm thinking 3to 5k in my neck of the woods.
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Old 02-04-2020, 04:59 PM   #5
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Default Re: What year and what is it worth?

From what I can see (which ain't much), there are some positive things. The rear fender isn't banged up;, the dash looks nice, and at least some of the hose clamps are of the original type. If you can get in the garage, the one thing I would look at is the horizontal seam in the front fender. They always rust there. The rust (particularly on the upper piece) may tell you something about the overall condition of the body..
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Old 02-04-2020, 05:18 PM   #6
MplsMike
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Default Re: What year and what is it worth?

Thanks for all of the feedback. The only F1s for sale I see online are either redone and expensive, or an absolute basket case. The asking prices for the basket cases at times seem outrageous, but I have no idea what they actually go for. Here are a couple of additional pics - I don’t think I have a clear view of the front fender seam mentioned.
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Old 02-04-2020, 05:27 PM   #7
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Default Re: What year and what is it worth?

From the pic of the grill, it is a '48-'50 model.
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Old 02-04-2020, 05:42 PM   #8
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Default Re: What year and what is it worth?

Looks better then what is found around here. If she was to sell it to you I would think a low price would be reasonable to keep it in the family. If just for somebody to wanting to flip it, much more. I think 3-5k would be reasonable
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Old 02-04-2020, 05:42 PM   #9
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Default Re: What year and what is it worth?

All that clutter around the vehicle makes it a mouse haven! They will nest everywhere in it.
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Old 02-04-2020, 05:43 PM   #10
MplsMike
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Default Re: What year and what is it worth?

Thanks, if I get a closer look, is there anything that would identify which of those three years? Where is the VIN tag on these trucks?
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Old 02-04-2020, 05:43 PM   #11
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Default Re: What year and what is it worth?

Quote:
Originally Posted by fordwife View Post
It's hard to tell, not seeing the truck, but if its complete, I'm thinking 3to 5k in my neck of the woods.
Wherever that is?
There's enough that I can see that it would easily be 7-10K deal in
my "neck of the woods." (California)
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Old 02-04-2020, 05:48 PM   #12
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Default Re: What year and what is it worth?

Quote:
Originally Posted by MplsMike View Post
Thanks for all of the feedback. The only F1s for sale I see online are either redone and expensive, or an absolute basket case. The asking prices for the basket cases at times seem outrageous, but I have no idea what they actually go for.
I had to go to the E coast to get my '48...... everything I saw conveniently located either......
- Had a Chevy engine
- Was a ridiculously high priced pile of rust (i.e.: project for a 25 year old
with mad skills and deep pockets)
- Had a modern engine/drivetrain
- Was completely restored and EXPENSIVE
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Old 02-04-2020, 06:00 PM   #13
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Default Re: What year and what is it worth?

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Originally Posted by MplsMike View Post
Thanks, if I get a closer look, is there anything that would identify which of those three years? Where is the VIN tag on these trucks?
I was told that the '48 engine had studs, went to head bolts in '49, so this should be a '49-'50.

I had a '52 that had the VIN plate on the inside of the pocket door.
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Old 02-04-2020, 06:12 PM   #14
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Default Re: What year and what is it worth?

Ford went with the 8ba in trucks in 48 so it should have head bolts.
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Old 02-04-2020, 06:27 PM   #15
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Default Re: What year and what is it worth?

That's what I thought also, but it turns they did have studs. I'm with the 3-5K guys. The midwest is far different than California (thank God).
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Old 02-04-2020, 06:39 PM   #16
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Default Re: What year and what is it worth?

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Originally Posted by flatjack9 View Post
That's what I thought also, but it turns they did have studs. I'm with the 3-5K guys. The midwest is far different than California (thank God).
I agree. $5K on the high end. If the motor is toast, it's going to be $3-5K just on a quality rebuild. Since it doesn't run, I'd have to assume the worst.

Does she have a the title? Is a title needed in your state?
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Old 02-04-2020, 07:10 PM   #17
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Default Re: What year and what is it worth?

Offer her 2K.
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Old 02-04-2020, 07:16 PM   #18
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Offer her $1300 if paperwork is clear.
Base value in NADA says $1287 in that condition.
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Old 02-04-2020, 07:35 PM   #19
MplsMike
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Default Re: What year and what is it worth?

Good question on the title. I believe a sale can be made without a title but it is more complicated. I don’t know if clear ownership has been established within my cousin’s clan as my uncle passed away many years ago. I think assuming the worst mechanically is fair. The truck is in far northwestern MN. My dad once reported an air temp (not windchill) of 52 below since he moved up there in the late 80’s.
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Old 02-04-2020, 07:41 PM   #20
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Default Re: What year and what is it worth?

If it has sentimental value to her, she will be overjoyed that you, as a family member want to do the work to get the Old Man's pride and joy cleaned up and back in running order.

It doesn't look particularly "valued" at present.

Just have a chat, and ask her what sort of figure she would be happy with, taking into consideration it is a project and there are lots of unknowns. Emphasise how much better she will feel about it when you turn up to take her for a ride in the Old Man's old truck.

Emphasise strongly that it is being kept in the family as a tribute and is not going to be sold anytime in the foreseeable future.

Hopefully she will be happy with a nominal sum as the value is in it being revived and not left to deteriorate.

Good luck with it, I'd love to see it in a better light and who knows? Maybe back up and running again in your hands.

Mart.
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