Misallocation

1948 Ford F1 Pickup

Sold at Mecum Auctions on July 7, 2023, offered with no reserve.

$18,700Confirmed

The price as reported by the house. Hammer price $17,000, 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
Automated manual
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 64 comparable sales, 11% under its bottom.

Middle half of sales$18,875 to $37,000
Median$28,000
Sales behind it64Likely

From 64 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 $18,875 and $37,000.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1948 Ford F1 PickupMecum, July 12, 2025MecumJuly 12, 2025$35,000
1948 Ford F-1 PickupMecum, Oct. 24, 2026MecumOct. 24, 2026$210,000
1948 Ford F-1 PickupMecum, Sept. 24, 2026MecumSept. 24, 2026$16,000
1948 FORD F-1 PICKUPBarrett-Jackson, Sept. 10, 2026Barrett-JacksonSept. 10, 2026$9,000
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
1948 Ford F-3 PickupMecum, Oct. 2, 2025MecumOct. 2, 2025$17,000
1949 Ford F1 PickupMecum, July 25, 2025MecumJuly 25, 2025$34,000

This car's historyLikely

Matched across sales by chassis number.

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