Misallocation

1987 GMC Sierra Classic Pickup

Sold at Mecum Auctions on May 10, 2025.

$40,150Confirmed

The price as reported by the house. Hammer price $36,500, before the buyer's premium. Read from the house's results Oct. 14, 2026.

The car

Year
1987
Make and model
GMC C/K trucks (1960 to 1998)
Generation
C/K 1973 to 1987 (square body)
Version
C/K 1973 to 1987 (square body)
Gearbox
Automatic
VIN
1GTEV14K4HF729801
Condition
Good (3)Likely

Condition is our reading of the listing's description on Hagerty's 1 to 4 scale, not an inspection.

Against comparable sales

Above the middle half of 59 comparable sales, 17% over its top.

Middle half of sales$17,125 to $31,250
Median$22,000
Sales behind it59Likely

From 59 sales of the GMC C/K trucks (1960 to 1998) C/K 1973 to 1987 (square body) in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $17,125 and $31,250.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1986 GMC K1500 PickupMecum, Oct. 24, 2026MecumOct. 24, 2026$35,000
1986 GMC K1500 PICKUPBarrett-Jackson, April 16, 2026Barrett-JacksonApril 16, 2026$20,000
1986 GMC K1500 PickupMecum, April 9, 2026MecumApril 9, 2026$22,000
1986 GMC K10 PickupMecum, July 26, 2025MecumJuly 26, 2025$47,000
1986 GMC K1500 PickupMecum, April 5, 2025MecumApril 5, 2025$31,000
1987 GMC Sierra Classic PickupMecum, April 3, 2025MecumApril 3, 2025$18,000
1986 GMC C1500 PICKUPBarrett-Jackson, Jan. 20, 2025Barrett-JacksonJan. 20, 2025$14,500
1985 GMC C1500 Sierra Classic PickupMecum, Oct. 24, 2026MecumOct. 24, 2026$12,500