Misallocation

1949 GMC 100 Pickup

Sold at Mecum Auctions on Aug. 15, 2025.

$41,800Confirmed

The price as reported by the house. Hammer price $38,000, before the buyer's premium. Read from the house's results Oct. 14, 2026.

The car

Year
1949
Make and model
GMC 100 and 150 (1947 to 1959)
Generation
New Design 1947 to 1955
Gearbox
Manual
Chassis
FC10152519
Condition
Excellent (2)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 35 comparable sales, 6% over its top.

Middle half of sales$17,250 to $35,750
Median$25,000
Sales behind it35Likely

From 35 sales of the GMC 100 and 150 (1947 to 1959) New Design 1947 to 1955 in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $17,250 and $35,750.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1949 GMC 100 PickupBring a Trailer, Oct. 24, 2026Bring a TrailerOct. 24, 2026$12,000
36-Years-Family-Owned 1949 GMC 100 5-Window Pickup 3-SpeedBring a Trailer, Dec. 26, 2025Bring a TrailerDec. 26, 2025$19,750
1950 GMC 100 5-Window PickupMecum, May 15, 2026MecumMay 15, 2026$40,000
Modified 1949 GMC 150 PickupBring a Trailer, Dec. 20, 2025Bring a TrailerDec. 20, 2025$29,250
Modified 1949 GMC 150 PickupBring a Trailer, Nov. 13, 2025Bring a TrailerNov. 13, 2025$28,500
1950 GMC 100 PickupMecum, July 24, 2025MecumJuly 24, 2025$8,350
1949 GMC 100 5-Window Pickup 4-SpeedBring a Trailer, April 27, 2025Bring a TrailerApril 27, 2025$30,000
235-Powered 1948 GMC FC-101 Pickup 3-SpeedBring a Trailer, April 23, 2025Bring a TrailerApril 23, 2025$9,900