What is a 1987 Dodge D150 worth?
Prices typically fall into a broad range: around $3,000 to $8,000 for a running, driver-quality D150; well-preserved or restored examples can reach roughly $10,000 to $15,000, while project-condition trucks often sell for under $3,000. Actual value depends on condition, options, and the market where you’re selling or buying.
The 1987 Dodge D150 is part of Dodge’s D-Series light-duty pickups, a staple of American work and family life in the 1980s. Values for these trucks have varied with time, reflecting overall interest in classic pickups, regional demand, and the particulars of each truck’s condition and history. This article surveys current market factors, typical price bands, and practical steps to estimate the value of your specific truck.
Current market snapshot
The asking prices and auction results for 1987 Dodge D150 pickups show a wide spread, driven by condition, originality, and provenance. While most examples fall in the mid-range, exceptionally clean or correctly restored units can command premium money. Always compare local listings and consult valuation guides for a precise read on your area.
Price bands for the Dodge D150 by condition (illustrative ranges based on recent listings and classic-truck guides):
- Poor or non-running, major rust, or significant structural issues
- Fair/Driver quality with functional drivetrain but noticeable cosmetic wear
- Good/Original condition with solid mechanicals and decent paint/interior
- Very good to excellent, with low miles, clean bodywork, and strong maintenance history
- Show-quality or highly customized/restored, with extensive documentation
In general terms, expect the broad bands to be roughly: under $3,000 for a rough project, $3,000–$8,000 for a solid driver, $8,000–$15,000 for a well-preserved or restored example, and above $15,000 for exceptional show-quality or highly sought-after configurations. Local market conditions, availability of parts, and the specific drivetrain (gasoline V6 or V8) can push prices up or down.
Key value drivers
Several factors most strongly influence what a 1987 Dodge D150 will be worth in today’s market. Understanding these can help you price, buy, or sell more accurately.
- Overall mechanical condition, including the engine, transmission, suspension, and braking systems
- Body integrity and frame condition, especially rust in common trouble spots like floors, cab corners, and rockers
- Level of originality versus alterations (paint, interior, factory options) and documentation
- Mileage and wear, along with maintenance history and service records
- Trim level and factory options (payload package, 318/360 V8, A/C, power accessories, bed configurations)
- Restoration quality and whether the truck has matching numbers or build sheets
- Color and interior combinations, as certain colors and styles are more desirable to collectors
- Geographic location and demand in your local market
- Availability of parts and expertise for repairs and maintenance
Common configurations and features
While the D150 came in several cab and bed options, standard two-wheel-drive variants with regular cabs and long or short beds are most commonly traded. The presence of a factory V8 engine, manual or automatic transmission, and options like air conditioning or tilt steering can influence desirability and price.
These factors together shape the resale value more than any single feature. A well-documented truck with solid mechanicals and honest cosmetics tends to hold value better than a similar truck with hidden rust or extensive non-original modifications.
How to assess the value of your own 1987 D150
To estimate a precise value for your truck, follow a structured appraisal approach that blends market research with a hands-on assessment of condition and history.
- Gather baseline data: VIN, engine type, drivetrain, original options, and any documentation (window sticker, build sheet, maintenance records).
- Inspect exterior and interior condition: note rust, bodywork quality, paint condition, upholstery, dashboards, and dashboards’ gauges.
- Evaluate the underside and frame: look for rust, prior repairs, and the condition of the floor pans and frame rails.
- Assess mechanicals: test start-up, idling, brakes, steering, suspension, exhaust, and minor leaks; verify transmission and drivetrain operation.
- Check mileage and service history: compare odometer reading with wear on seats, pedals, and hardware; review maintenance records for consistency.
- Verify originality and documentation: confirm numbers match, check for aftermarket modifications, and locate any original build information.
- Research comparable listings: search current local ads and regional auction results for similar D150 trucks in comparable condition and configuration.
- Consider professional appraisal: if you plan to sell or insure at a higher level, a certified appraisal can provide a formal value assessment.
With these steps, you’ll be able to establish a realistic asking price or purchase target that reflects the truck’s true condition and the current market. Don’t rely on a single source; triangulate values from multiple listings and valuation guides to set a fair price.
Summary
The value of a 1987 Dodge D150 hinges on condition, originality, and maintenance history, with typical driver-quality examples selling in the low thousands and well-restored units reaching into the five-figure range in rare cases. By understanding the key drivers, comparing to current listings, and following a thorough appraisal process, buyers and sellers can arrive at a fair market value for their specific truck. This approach helps navigate the wide market and aligns expectations with what actual buyers are willing to pay today.
How much is a 1987 Dodge D150 worth?
Typically, you can expect to pay around $12,367 for a 1987 Dodge D150 1/2 Ton in good condition with average spec. What is the highest selling price of a 1987 Dodge D150 1/2 Ton? The highest selling price of a 1987 Dodge D150 1/2 Ton at auction over the last three years was $24,200.
How much is a 1978 Dodge D150 worth?
Typically, you can expect to pay around $10,550 for a 1978 Dodge D150 1/2 Ton H-D in good condition with average spec.
Is the 1987 Dodge D150 reliable?
For many, the 1987 Dodge D150 served as a reliable daily driver that could double as a weekend warrior at the local show or drag strip. Its simple mechanical layout made maintenance and repairs relatively straightforward for the average owner.
How much is a 1986 Dodge D150 worth?
The value of a 1986 Dodge D150 varies significantly based on its condition, mileage, and originality, but it can range from approximately $1,550 (low retail) to $4,400 (high retail). Some high-end, well-preserved examples have sold for much more, reaching prices like $12,900 to $15,795 at auction or through private sellers.
Value based on condition
- Low Retail: Around $1,550
- Average Retail: Around $3,100
- High Retail: Around $4,400
Factors that increase value
- Excellent Condition: Trucks in original or highly original condition with low mileage will command higher prices.
- Desirable Specs: Examples with original, well-maintained engines (like the 5.2L V8) and automatic transmissions are more valuable.
- Low Mileage: Trucks with documented low mileage, such as the 78,000 miles on some examples, will be worth more.
- Clean History: A clean title and a history of consistent, well-documented maintenance will also increase value.
Factors that decrease value
- Poor Condition: Trucks with extensive maintenance needs or damage will be at the lower end of the value scale.
- Undocumented Modifications: Significant modifications that differ greatly from the original configuration can lower the value.
