Thanks dlzadl. I have researched a fair amount on classic.com etc and this one was just sold in Oct of last year for $47,300 and I think they are trying to make a quick profit. Now that sale was on Barrett-Jackson as an auction which we both now depends on who is watching it etc. Any thoughts?
If you pay someone else to do the work it is going to cost money. We have been Involved in several builds over the past 7 years. Watched a ton more here on the forum. I've seen really flashy, pretty trucks that sold for way more than they were worth, some were a buyers nightmare. Saw many solid mechanical restorations that were really a great value. Body work gets very expensive. If you are going to trail this truck, mechanical and solid is where you want to focus your efforts and purchase. But that being said, a well sorted solid 40 is going to be worth 25 to 30k, and 50k for the right truck is not out of line.
A restoration, frame off, all in body and mechanical will be alot more. We have a 72 that has over 3000 hours and almost 50k in parts, professional paint and body. but that is a nut and bolt all the way down restoration. Probably will never see a trail. If you thought that troopy was expensive, it is a blush to what I would have to sell for.
My driver, a 12/69 40 is just as dependable and is probably worth 30k but i would never sell it.
My advice since you asked for it , is this. Look on this forum, get yourself a star, start reading up on these trucks, watch the for sale on this forum, when you see something you are interested in, post it here with pictures and ask for advice. Don't disclose location because the good deals go fast and everyone is watching for them. Good luck and these trucks are well worth the trouble, they become like your children,