1964 Dodge WM300 1 Ton Power Wagon

2dr Utiline Pickup 4x4

6-cyl. 250.6cid/125hp 1bbl

#1 Concours condition#1 Concours
#2 Excellent condition#2 Excellent
#3 Good condition#3 Good

$22,600*

equal0%
#4 Fair condition#4 Fair
Value Graph04/2407/2410/24$5k$10k$15k$20kJan 2025
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1945-1968 Dodge Power Wagon stats
Highest sale
$410,000
Lowest sale
$1,760
Most recent sale
$78,750
Sales
202
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Model overview

Model description

Always consistent from the first unit built in 1946 until the last civilian model was made in 1968, the Dodge Power Wagon was a top vehicle from the land that time forgot. Spanning four major redesigns of the standard Dodge light duty trucks, the cab dated back to 1939, but the reputation was built during the Second World War. The robust four-wheel drive WC-series ¾-ton trucks that helped win the war stood out even compared to the ubiquitous jeep. The latter was handy, but the former was a work horse. Tapping that war-bred stamina, Dodge slightly refined these trucks into the Power Wagon for a work truck-hungry postwar market. Despite the similarities to the military trucks, the Power Wagon had a unique front end, and continued to even when the U.S. military adopted the similar M37 ¾-ton tactical truck in 1950 (which is not a Power Wagon).

While mostly encountered today as a pickup, the Power Wagon was also available as a cab and chassis (most commonly fitted with utility bodies) and even as a cowl and chassis (mostly for bus bodies for rural school districts). Also available on any configuration was a front-mounted winch.

The few changes over the years were mostly mechanical and in subtle details. The greatest change was in 1961, when the stalwart 230 cubic inch flathead six gave way to the 251 cubic inch flathead six that was formerly used in medium-duty trucks. This happened despite the introduction of the famed Slant Six. Cosmetically, the pickup box sides went from being flat to embossed during 1951. From there, only subtle mechanical changes and the serial number indicate when a given example was built.

The greatest change over the years was what Dodge actually called it. Originally cataloged as the model WDX, in 1957 it became the model WM-300, when the Power Wagon name was also used on four-wheel drive W-models of Dodge’s newly designed pickups. As such, “Power Wagon” became something of a generic term for Dodge, signifying a four-wheel drive truck. The name has just as much traction as the original truck that wore it, as it continues to be in use.

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Common Questions

The value of a 1964 Dodge WM300 1 Ton Power Wagon can vary greatly depending on its condition, mileage, options, and history. Typically, you can expect to pay around $22,600 for a 1964 Dodge WM300 1 Ton Power Wagon in good condition with average spec.

Many factors can increase a car's value including excellent condition, exceptional originality, a recent restoration, low mileage, unique provenance, desirable options, popular or unique color choices, and excellent maintenance records. Upgrades and modifications that enhance performance or aesthetics can also add value.

Factors that can decrease a car's value include unusually high mileage, poor maintenance history, visible wear and tear, accidents or damage, title issues, and gaps in ownership history. Additionally, less popular color choices and extensive modifications that don't appeal to a broad audience can reduce value.

Mileage plays a significant role in a classic car’s value. Lower mileage usually increases value because it indicates a higher degree of originality, is rarer, and suggests less wear and tear. However, cars with exceptionally low mileage may also have maintenance needs due to lack of use. Whether someone should pay more for a vehicle with lower miles will depend on how they plan on using it, and the vehicle's specific condition.

The value of modified cars differs widely based on the type and quality of modifications. While some modifications can significantly increase value, especially performance enhancements and high-quality custom work, others may not add much or could even detract from the car’s value if they appeal to only a limited audience.

All prices shown here are based on various data sources, as detailed in About Our Prices. The Hagerty Price Guide is for informational purposes only and is not intended as financial advice. More information on how forecast models are calculated can be found on Forecasted Values page. For additional information and a complete description of benefits, visit hagerty.com/legal. Purchase of insurance not required for membership in HDC. Hagerty, Hagerty Valuation Tools & Hagerty Drivers Club are registered trademarks of The Hagerty Group LLC, ©2024 The Hagerty Group, LLC. All Rights Reserved. The Hagerty Group, LLC is a wholly owned subsidiary of Hagerty, Inc.

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