Misallocation

1987 GMC 1500 Sierra Classic Pickup

Sold at Mecum Auctions on April 11, 2026, offered with no reserve.

$45,100Confirmed

The price as reported by the house. Hammer price $41,000, 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)
Gearbox
Automatic
VIN
1GTER14H0HJ511313
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 109 comparable sales, 30% over its top.

Middle half of sales$14,250 to $31,500
Median$22,000
Sales behind it109Likely

From 109 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 $14,250 and $31,500.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1987 GMC Sierra Classic PickupMecum, May 10, 2025MecumMay 10, 2025$36,500
1986 GMC K1500 PickupMecum, Oct. 24, 2026MecumOct. 24, 2026$35,000
1986 GMC Suburban C2500 Sierra Classic 7.4LBring a Trailer, Sept. 12, 2026Bring a TrailerSept. 12, 2026$2,279
350-Powered 1986 GMC K2500 High Sierra 4×4Bring a Trailer, July 27, 2026Bring a TrailerJuly 27, 2026$12,000
1987 GMC S-15 Sierra Classic Club Coupe V6 4×4 5-SpeedBring a Trailer, May 23, 2026Bring a TrailerMay 23, 2026$10,750
1986 GMC C2500 Sierra Classic DieselBring a Trailer, May 9, 2026Bring a TrailerMay 9, 2026$25,500
1986 GMC K1500 PICKUPBarrett-Jackson, April 16, 2026Barrett-JacksonApril 16, 2026$20,000
1986 GMC K1500 PickupMecum, April 9, 2026MecumApril 9, 2026$22,000