Potential new member (M818 questions)

[KRAKMT]

I have a line on a 5ton but it comes with a dilemma. Depending on the value the county may not be able to sell by simple sealed bid. and I am obligated to point out the legal issue. I have read and deciphered as much as I can of this great forum but I think I need to seek a few expert opinions.So... ball park and is it an m52 or a m818?

 

[Black Ops]

m818.

 

[KRAKMT]

m818.

I found this post by NickAir

Good Question.

Price range is approximately:
$5000 and under for a poor example that has several issues needing repair to start and operate properly.
$5000 - 8000 for an example that is operational, but ugly, needing paint and a few issues repaired, but will drive.
$8000 - 12000 for a good example with little to no issues and few rebuilt components, straight body and upgraded tires.
$12000 and up for a great example with no issues and a striaght body, good mechanical condition, W/W, hardtop, modified, bobed, new paint and upgraded tires.

Parts avialibility is excellent. Filters and belts at NAPA. Most all parts on internet. Several large surplus vendors.

I love my 818. It is my favorite of 4 different trucks.

 

[KRAKMT]

So anyone disagree that it's value is reasonably more than $2500?

 

[Scar59]

If it runs as good as it looks, yes, it is worth every penny, even if minor issues exist the can be repaired. The prices you posted reflect
the high end of the commercial market for these trucks, except for the bobbed version. (that is like neutering your prize bull). No commercial value of a bobbed M818. Collectors values are much lower.

 

[MWMULES]

I and a friend both bought running and still running M818's from the GL auction site six years ago, both had like new tires, hard tops and heaters. I paid $1,250 and his was $1,325.
http://www.steelsoldiers.com/showthread.php?38256-M818-x2-recovery-jrff-city-tomorrow-am

 

[Jeepsinker]

There you go. Tell them it is worth $1250, and offer them $1500.

 

[Warthog]

Or tell them that a TX Sheriffs Dept sold one for $582

http://www.steelsoldiers.com/showthread.php?144866-WHAT-!-582-00-Won-Us-an-M818-Tractor-!-!-!

 

[98G]

So anyone disagree that it's value is reasonably more than $2500?

GP sold one at auction recently for $2800. Theirs had a winch. A PTO winch is worth $1000....

Auction value on the truck in the pic is $1500-$3500. My opinion based on comparable trucks sold. Sometimes there's outliers, like John's $600 truck...

 

[cobra5]

Where are you in Montana. Don't worry I have no interest in the location of the truck. There just aren't many of us MV minded people up this way.

 

[KRAKMT]

Where are you in Montana. Don't worry I have no interest in the location of the truck. There just aren't many of us MV minded people up this way.

I am north of Billings.

 

[KRAKMT]

So an update on the m818.
The commissioners got an appraisal from Boyce Equipment that stated the value at $5000. So they pulled it from the auction and will resubmit for sale in the spring.

 

[98G]

That's laughable honestly. That's full retail for a known good M818 that has been gone through.

Appraisals carry more credibility if they're accompanied by an offer to buy.

I'm frequently asked for values on items. I give it as a range - I tell them what I'd be willing to pay, and what I'd be looking for if I was selling it.

PM sent

 

[Jeepsinker]

That is laughable. Forget that. Buy one that is a known good truck from one of us. Let them sit on that sucker until it rots, or they get real.

I'll bet they can't sell it, then they call Boyce back, and Boyce will offer them $500.

 

[USAFSS-ColdWarrior]

Sorry that I'm a late arrival to this thread.

Thank you Warthog for mentioning the XM818 we just recently got from the Midland (Texas) County Sheriff's Office.

Or tell them that a TX Sheriffs Dept sold one for $582

http://www.steelsoldiers.com/showthread.php?144866-WHAT-!-582-00-Won-Us-an-M818-Tractor-!-!-!

From the most recent post by the OP of this thread, it seems the Commissioners are NOT very anxious to actually liquidate this truck. If they were, they would subscribe to the most simplistic premise of auctions..... It boils down to what a WILLING BUYER will pay a WILLING SELLER. Hence, if they place a minimum reserve bid requirement too high, they will have a hard time mustering the attention of any of those WILLING BUYERS.

Please keep us posted in THIS thread on the progress of this potential sale.
Thank you.