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There was an 88 with 200K miles on that sold on Craigslist for 9K. It was rust free with original paint and one owner. The truck had lived its life in the Las Angeles area. There was another one on Bring a Trailer that was bidding around the same price range that had been repainted. So I think, given the pedigree of the LA truck that sold for 9K and its condition, somewhere around 5K seems about right for your truck given that it needs body work.
 
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