Misallocation

1983 GMC Sierra Classic Pickup

Sold at Mecum Auctions on May 12, 2023, offered with no reserve.

$11,000Confirmed

The price as reported by the house. Hammer price $10,000, before the buyer's premium. Read from the house's results Oct. 14, 2026.

The car

Year
1983
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
1GTCS14B1D0509612
Condition
Good (3)Likely

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

This car's full record

Against comparable sales

Below the middle half of 60 comparable sales, 72% under its bottom.

Middle half of sales$17,188 to $31,875
Median$22,125
Sales behind it60Likely

From 60 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 $17,188 and $31,875.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1983 GMC K1500 PickupMecum, Sept. 23, 2026MecumSept. 23, 2026$11,500
1984 GMC K1500 High Sierra 4×4Bring a Trailer, July 2, 2026Bring a TrailerJuly 2, 2026$18,000
1984 GMC K1500 Sierra PickupMecum, June 5, 2026MecumJune 5, 2026$38,500
1984 GMC K1500 PickupMecum, April 10, 2026MecumApril 10, 2026$27,000
1984 GMC K2500 Sierra Classic 4×4Bring a Trailer, Dec. 31, 2025Bring a TrailerDec. 31, 2025$6,700
1984 GMC K1500 High Sierra PickupMecum, Oct. 30, 2025MecumOct. 30, 2025$21,000
1984 GMC K20 PickupMecum, July 24, 2025MecumJuly 24, 2025$15,000
1982 GMC Sierra Classic PickupMecum, April 4, 2025MecumApril 4, 2025$61,000

This car's historyConfirmed

Matched across sales by VIN.

DateWhat happenedWhereMilesPrice
May 12, 2023Sold (this sale)MecumMecum$11,000
May 16, 2023SoldMecumMecum$8,250
Aug. 19, 2025SoldBring a TrailerBring a Trailer36,000$6,500