A rusty old Ford F250 sold for $130,000
A rusty "bumpside" Ford went for how much?! Are we all going to race to the for sale ads to build the next one?!
I recently heard we might be in a new 'Gilded Age.' Basically an age of opulence, extremes of wealth, gross materialism, and political corruption. The last part of that definition I refuse to write about--due to its ability to become a match on soaked gasoline rags or an echo chamber. But the remaining highlights are open for discussion. So when I see a rusty old Ford F-250 selling for big money, I begin wondering when the stock market will crash and we all line up for soup kitchens.
Making comparisons between 2021 and 1920-something is all too easy. We just ended a war (Afghanistan). People have far too much money (ahem! Elon is worth over $200B). The stock market has been red hot for so long it is becoming radioactive! Everything is expensive and those praying for a rainy day will soon get their wish, if for nothing more than 'it has to happen at some point.' But what are people doing with all their Dogecoin or Nike sneaker investment earnings? Might they be buying NFTs and rusty pickups?!
A rusty patina that is merely skin deep.
They most certainly are buying rusty pickups by evidence of this 1967 Ford F-250 sold on Bring-A-Trailer. This rusty old lady has been aged by the sun, tempered by temperature, and etched by the dust of foreign lands blown over our great Earth. It has the patina that only the brushstroke of decay, neglect, and time can produce. This truck was given the gift of grit by the elements. No one sat down and said, 'Add a bit more rust over there. Ahh, yes, now I've created the Mona Lisa of rusty pickups.'
The same elements that gave this truck its tough ranch truck looks, could have spelled disaster for the drivetrain. Thankfully, the $130,000 price tag wasn't purely for 'as found' rust bucket. This truck might have rust on the outside (treated to keep the rust from changing or spreading), but you won't find any anywhere else. Under the hood, inside the interior, and underneath, this truck is restored, painted, rebuilt, and upgraded to a spec we can all agree is proper.
This truck was created in a 30-month process of restoring and upgrading nearly everything--except the body. The frame was treated to a 4wd conversion, using F250 4x4 donor parts. The Dana 60 rear and Dana 44 front were rebuilt with new gear sets, a limited-slip, and differential covers. New drivelines were sourced from Dynamic Drivelines. A clutch kit was installed for the four-speed manual and backed by the dual-range NP205 transfer case.
Under the hood, the factory Y-block 352 cubic inch V-8 was refreshed with new paint and seals. All the normal tune-up parts (plugs, wires, etc.) complement the deeper replacement parts (timing chain, wiring harness, and BeCool radiator and custom shroud).
Inside, the interior was treated to many new blue parts. The bench seat has new blue vinyl. The dash is repainted blue. The dash pad isn't blue, but it isn't rusted either! Dakota digital gauges and a vintage-looking stereo with Bluetooth were fitted to bring this truck into a new century--all common upgrades for vintage steel.
But wait! I have a rusty truck too! $130k OBO!
If you're thinking to yourself 'this is insane, I could build a truck like this,' what's stopping you? You could be the second person to get over one hundred grand for a rust bucket. The third, fourth, and fifth, will see a diminishing return because the amount of buyers for six-digit patina trucks is a small pool of people.
While I don't hate this look, I merely hate the price. I am in the faction of people who see the laziness of an owner who didn't want to pay for a paint job. You can shout at me all day long about the 'uniqueness' of patina, but I'll be calculating money saved by making the next owner paint the truck. This is a truck that shouldn't be worth $130,000 (and we don't have proof of an actual sale). I see twenty-grand in rusty steel with memories of $2/gallon gas--the older I get the more I dread starting to say "back in my day."
Looking back at history, we could also make comparisons with this truck and the era in which it was built. 1967 was a good year for anyone not taking a vacation in Southeast Asia. Muscle cars were king in the late sixties--the whole royal family dead by 1973. The 1967 Ford F-series kicked off the first year of the 5th generation pickup, spanning from 67' to 72'.
This era was known as the "bumpside" due to the bump running along the trim; the earlier trucks are slick and the later 73-79 trucks had a dent where the earlier had a bump. Easy right? I'll argue the 67-72 trucks hit within the sweet spot of the best American cars ever made (the jury being out on the current era of epic vehicles).
Could bumpside trucks like these be some type of hidden gems? We've seen what happened to the Chevy trucks of the same era. Why has the same not happened to the Fords? Could this rusty 67' F250 be a sign of value soon-to-be in the 5th generation Ford trucks?!
Certainly, builds and sales like this will build hype. If nothing more, some of you have already searched your local for sale ads for similar trucks. ("I can build and sell a better F250 than this rust bucket!") I was lucky to have a crystal ball floating around in the glovebox. A few years ago, I showed interest in an original owner 1972 Ford F100 owned by a family member. Today, I got my own bumpside Ford pickup. When I'm done with it, I'll take the first $130k that comes my way... I know what I have!