5 Classic Pickup Truck Market Insights

April 25, 2016 11:12 AM

One thing that always catches the attention of Greg Peterson, “Machinery Pete,” is when he spots an older pickup truck for sale. He suspects he’s not alone.

“There seems to be growing buyer and bidder interest in finding and acquiring these classic vintage style pickup trucks,” he says.

Machinery Pete has seen many beautiful vintage pickup trucks sell at auction in recent months – browse a gallery of his most recent findings here.

Here are five market insights he’s picked up in the course of his travels.

  1. Any used pickup from the mid-1970s to the mid-1990s with very low miles on it and in “super clean” condition draws huge buyer attention.
  2. The high cost of new pickup trucks is pulling up the cost of used pickup trucks.
  3. “Original-ness” is highly prized by buyers. One-owner vehicles rule the roost, but two-owner vehicles still draw considerable attention as well.
  4. Restoration projects can be risky. Often, the auction sale price is close to the amount spent on the restoration.
  5. More young people are looking for a classic pickup – not to collect, but for the sheer “cool factor” of owning a vintage vehicle.

Machinery Pete sat down with AgDay to share more of his recent vintage pickup truck finds. Watch the video:

Want more video news? Watch it on AgDay.

Are you in the market for a used pickup truck? Check dozens of listings here.

Want to know which pickup truck models are the most popular in farm country? Farm Journal Media surveyed more than 2,300 farmers in December 2015. Here are the results

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