What's it worth?

TEX29

TEX29

Member
Complete 1940 Banjo rearend to Pate swapmeet, 3.78 ratio, brakes removed to sell separate,spring as well. Thoughts on the going price? I just want to be fair...
 
I'd agree with both of the above, but with one suggestion: Disassemble the axles and housings from the banjo, sell the housings and axles separately for more $$ or everything as a package. Let the buyers see what they are paying for and you won't take it back home.

banjo 250 with decent gears
axles 25 ~150 ea depending on condition
housings 25 ~ 75 the pair depending on condition

But I haven't bought any for a bunch of years, so what do I know?
 
TEX29 said:
Complete 1940 Banjo rearend to Pate swapmeet, 3.78 ratio, brakes removed to sell separate,spring as well. Thoughts on the going price? I just want to be fair...
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Looks like bad weather for the Pate Swap this weekend. Storms on Fri and Sat.
 
TEX29 said:
I think I'll ask $300. Sound about right???
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It's been about 15 years since I've bought one, but I paid $100 for two of them. They were both complete with brakes, torque tubes, and radius rods. They also had 3.78 rears.

I guess taking into consideration inflation and other old Ford part factors, $300 is reasonable if it's in great shape. Maybe ask $300 and take $250. They are a pain to lug around. If I was taking it to a swap, I'd want it to sell.
 
I sure remember when it was way out at the Pate Museum of Transportation, that was a fantastic swap meet, deals galore! But really bad when it rained, then you needed waders to get through the mud! What Awesome Memories of the Pate Swap Meet.
 
flatford39 said:
I just bought one for $175.00. Be prepared to negotiate. The $450.00 number maybe good in New Zealand but they are a lot cheaper here.
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I agree with flatford39. I saw a "complete" original 40 banjo rear at the Fitchburg, MA swap meet last week with a $250 asking price tag, and I believe I could have bought it for $225, or maybe even $200. Now if a complete 40 rear has been rebuilt with all new bearings, seals, and maybe a new set of gears, all setup with the proper ring to pinion gear backlash and bearing preloads, and all new/rebuilt brake components, this rear would command a much higher price.
Buying a used original banjo rear that is supposed to be in good condition, can be a real disappointment when it is taken apart and everything has been completely checked out. I can't tell you haw many of these supposedly good rears I have bought in the past that have had bad axles, axle housings, gear sets, drive shafts, etc. In many cases it's a crapshoot and you may wind up with some good components, or you may not.
 
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Since it's not a complete rear:
Be realistic and sell it for $150 so you won't have to lug it around or store it anymore.
As stated above, buying one is a gamble. Put yourself in the buyer's shoes.
What would you pay if you didn't know the history and it wasn't a complete rear?
 
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I paid $100 fora 37 - 38 rear at Carlisle about 5 years ago. I swapped the 3:78 gears and one axle and saved the other axle.
 
This is the reason why I use late model rear ends. This restoration thing can be expensive for just a driver.
 
Ol' Ron said:
This is the reason why I use late model rear ends. This restoration thing can be expensive for just a driver.
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Not tryin' to be a wise-*** here, but you could use the same analogy when it comes to resurrecting a Chevy engine instead of a flathead. Just sayin', guys! DD
 
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