Misallocation

1948 Ford F-1 Pickup

Sold at Mecum Auctions on Sept. 24, 2026.

$17,600Confirmed

The price as reported by the house. Hammer price $16,000, before the buyer's premium. Read from the house's results Oct. 14, 2026.

The car

Year
1948
Make and model
Ford F-Series trucks
Generation
F-Series 1948 to 1952
Version
F-Series 1948 to 1952
Gearbox
Automatic
Chassis
87HC50245
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 63 comparable sales, 21% under its bottom.

Middle half of sales$19,375 to $37,000
Median$28,000
Sales behind it63Likely

From 63 sales of the Ford F-Series trucks F-Series 1948 to 1952 in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $19,375 and $37,000.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1948 Ford F-1 PickupMecum, Oct. 24, 2026MecumOct. 24, 2026$210,000
1948 FORD F-1 PICKUPBarrett-Jackson, Sept. 10, 2026Barrett-JacksonSept. 10, 2026$9,000
1949 Ford F-1 PickupMecum, July 23, 2026MecumJuly 23, 2026$21,000
1949 Ford F-1 PickupMecum, June 6, 2026MecumJune 6, 2026$47,000
1948 Ford F-1 Pickup 4-SpeedBring a Trailer, May 18, 2026Bring a TrailerMay 18, 2026$7,800
1948 Ford F-1 PickupMecum, April 11, 2026MecumApril 11, 2026$50,000
1949 Ford F-1 PickupMecum, Dec. 6, 2025MecumDec. 6, 2025$39,500
1948 Ford F-3 PickupMecum, Oct. 2, 2025MecumOct. 2, 2025$17,000

This car's historyLikely

Matched across sales by chassis number.

DateWhat happenedWhereMilesPrice
July 7, 2023SoldMecumMecum$18,700
Sept. 24, 2026Sold (this sale)MecumMecum$17,600