Value of an item is mostly a personal thing. The fact that it runs, is only
valuable to someone that wants to restore it, or use it as original. If you
plan to swap to a modern V-8, then that engine doesn't have much value. To me,
the biggest point of value in a vehicle, is the body, and or the interior, and
the frame/running gear. How much will you have to fix, or replace? Again, it
all goes back to what you intend to do with the truck.
I.M.O. I think $500 is a little low, if it's in a restorable condition. That
auction site sells most running, stock condition trucks in the $600 to $1000
range.
Pat Hollister
'58 step
West Burlington, IA.
http://community.webtv.net/TnJpot/TRUCKFORSALE
oletrucks is devoted to Chevy and GM trucks built between 1941 and 1959
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