Would like some help assessing a M37 for sale

[oldm37guy]

Hello all,
I have been approached by a person to assess the value of a nice M37, so they can then put it up for sale. After I told them the value was $200 and I would take it off their hands, I told them I would help them find a value. So.....does anybody here do this type of help, and what resources do they use? I have not seen it yet, maybe next week, but I need some input. described to me so far, it has new tires, and about 200 miles on a depot rebuilt drive line, of motor, transmission and at least the rear end. When I see it I will post pictures. Should I ask for a fee to help them sell it, maybe a percentage of sale? I am in new ground here in assessing a value for another persons vehicle. Thanks in advance! oldM37guy

PS, what would be a good place to advertise it for sale, and where should I sell a WC 9 ambulance???

[RMS]

4 new ndts from universaltire = $1100aprox and scrap steel is just under $200 a ton.

do a "sold listings" search @ ebay.com to see what other trucks have sold for, for reference. that's what insurance company's do.

you can also check out http://www.dodgepowerwagon.com/classifi ... fieds.html to see what others are asking

[w30bob]

Hi oldM,

The three places I'd list it are on Ebay, Craigslist, and the MVPA classifieds. And of course on Steel Soldiers and this site.
Should you make anything for helping him figure out the value......dude, that's purely your call. Not much more to say there.

I don't think you have enough info to even begin to figure out the value, but once you get a good look at and post some pics here I'm sure it will make for an informative and lively discussion. Ultimately it's only worth what someone is willing to pay for it, and that depends on who sees it listed and when.

I don't believe there is a set reference for MV prices, like a Kelly Blue Book or something, but even if there was the condition of these trucks is all over the map....so I doubt a listing for Excellent, Good, Poor, etc wouldn't really be useful.

So take a look at the ol' girl, get some pics up, and let us throw some numbers around.

regards,
bob

[oldm37guy]

Thank you guys, I appreciate the input. I have been around the M37's for a long...long time. I have owned mine over 40 years, and have a general idea of worth, but want a more up to date estimate. For example, I bought mine for $100. ...... but in 1970... I think. I have in general kept up with prices, but prices have changed A LOT in the last 5 years. So when someone asks me to give them a realistic value, I want to do a good job. Not the $200 I was joking about in my first post.

I will provide more info and pictures as I get them. Ya know....a picture is worth a $1000 dollars.... right

[Cal_Gary]

M37 for 40 years?! Where ya been?

Seriously, glad to have you with us!
Gary

[m37jarhead]

In the latest issue of Military Vehicles Magazine is an "Updated list of military vehicle price guide."
Spring 2013, issue 160. Might be of some help to you.
As I've said many times, rust is the eternal enemy of these old trucks. If you know what to look
for, this might also help in determining a selling price.
Pic's on this site will help others guide you.
Jerry

[antiteck]

I'm thinking of selling my 63 b1 No rust, been a desert truck for 40+yrs. I think it's valued in the 6ooo range. Anyone interested? I'm in 29 Palms,Ca. Thanks

[MSeriesRebuild]

Hello all,
I have been approached by a person to assess the value of a nice M37, so they can then put it up for sale. After I told them the value was $200 and I would take it off their hands, I told them I would help them find a value. So.....does anybody here do this type of help, and what resources do they use? I have not seen it yet, maybe next week, but I need some input. described to me so far, it has new tires, and about 200 miles on a depot rebuilt drive line, of motor, transmission and at least the rear end. When I see it I will post pictures. Should I ask for a fee to help them sell it, maybe a percentage of sale? I am in new ground here in assessing a value for another persons vehicle. Thanks in advance! oldM37guy

PS, what would be a good place to advertise it for sale, and where should I sell a WC 9 ambulance???

Some thoughts; when did this depot rebuild take place? if it was many years ago as I suspect and it has only been driven 200 miles since; well that tells you right away that the word "rebuilt" has long since gone out the window. If vehicles are not driven after a rebuild done right, it will deteriorate rather quickly in some areas. If it was depot rebuilt; that changes from rather quickly to very quickly. Also the words top quality rebuild and depot rebuild don't belong in the same sentence. I've had the priveledge of tearing down many drive line components that were government or depot level rebuilt. I'll tell you straight; I've never seen 1 that was really done right. For starters, government or depot rebuilt components would have had mil spec NOS type oil seals installed. These are absolutely the worst seals ever created. Not only do they drip constantly, they have that horrid felt dust seal that will always hold moisture which literally rust the dog mess out of the yoke surfaces at an extremely fast pace. This occurs whether you drive through water or it just sits in a garage. The felt will absorb moisture even if the air is moderately humid. It holds that moisture right in there to cause serious rust damage on the yokes.

These are just a couple of issues that deter my interest in any truck or component sporting the name depot rebuild. In fact if I were bidding on a truck that I knew had government rebuilt components in place; I would very likely lower my offering price simply because I know going back into the components is certainly near by if not right around the corner once the truck is driven just a few miles.

Seriously, my advise to you as a seller or seller's representative for a truck that you really do not know details about is this; RUN. I've made the mistake a couple of times of getting hung up in some sales efforts that belonged to others. Sellers will expect you as their rep to support half truths among other issues to promote a more profitable sale. I'm not doing that as these folks quickly learned. What I see and hear under the hood is the story on a vehicle whether good or bad as to seller's prospective. Being truthful can make you friends on one side and enemies on the other. Not worth any commission you may retain from a sale in the vast majority of cases. Best to let the owner represent his own truck is my thoughts. That way he is solely responsible for any claims made. Not saying this is your case; but I've seen seller's get a middle man involved just because they didn't want to be the guy selling bad stuff. Just things to pay attention too and think about before obligating yourself.