Join Date: Jul 2013
Location: Nationwide (Fulltime RV)
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If you've got serious body rust, that makes the frame a little worrisome as well, though they make em pretty thick. If the frame has rust issues, I wouldn't buy it at all, unless I just wanted the motor for some other project. If the frame and motor is good, maybe $1.5-2.5k, depending on how much maintenance it needs (Are you gonna have to replace worn shocks? tie rod ends? steering gear? u-joints? the list goes on). Add $500-1k if the transmission has been recently rebuilt, though you'll need to do more work to an auto if you want to add much power. Add $500-1k if the interior is in really great shape, but that seems highly unlikely on a high mileage farm truck.
Still, if the frame is good, and the electrical is not too ratty, and you can find a donor body/interior in the yard in good shape -- 1500s are the same sheet metal, and a lot easier to find -- or you're handy enough with a welder and bodywork, you might have the base of a pretty nice truck at a good price if you can get started cheap and want to take on a project.
1997 2500 CCLB, NV4500, 3.54s. 389k on the clock. Just getting broke in.
I talk a lot of crap and sometimes it might sound like I know what I'm talking about. I do not.