64 GMC 2WD inline 6 4 speed for $200 SHOULD I BUY?
My buddy is desperate for cash and is selling a 64 GMC. It has a little rust, but easily fixable. It is mostly on the front fenders on the bottom bolt...the flap in the wind. The paint is over ten years old, but holds it's age pretty well...it's all one color. It has a strong six, strong clutch and 4 speed tranny. For the most part it is in excellent shape for having never been restored. His Dad bought it years ago when it was five or ten years old and drove it the way an old man does until he gave it away 2 years ago. We did the temp HWY permit for the drive home from Montana and he never could chose to afford to license it. I figure tax, license, plates and tabs are going to run about $80. I'll be in it close to three hundred. Would the resale value of this thing be worth buying it??? I know it is a good truck, but I also know it is an old truck and since it hasn't been driven daily so unknown problems could develop. Is it worth the gamble??? Also, please note, this is a very low income area out here in Chattaroy, WA, which affects resale value considerably. ( Iput my rough body'd newly painted mag wheeled 32" tired 350 auto 4X4 Suburban up for sale at $1000 in the dead of winter, drove it to and from the 3' deep snow field where it was displayed for 3 weeks before I decided to give up- still own the dang thing!)
PS apic attached of the Suburban...it's still for sale!