I will be shipping in FJ's from Colombia shortly and will share my experience after seeing over 12 FJ's and Bj's in about a 12 day period in Medellin, Colombia. I picked a yellow one owner FJ that I will be shipping into Florida soon for personal use for my brother and a possible test run to sell for profit.
I prefer Colombia (south america) over Costa Rica (central america) to hunt for clean FJ's because Colombia has 50 million population and two large cities (8 million and 4 million) full of affluent locals who have preserved and restored FJ's.
Did I see poorly restored FJ's on my trip? Yes. I saw new paint over rust. I saw Home Depot bolts and screws where automotive fasteners should have been used.
You have to remember that with low labor costs 'body off' restoration can mean nothing or can mean something. I would liken it to they guy who does the body off restoration in his garage. HOWEVER, on this forum I have seen guys do a body off in their garage that was excellent and then sold the FJ for $50k.
This is the dilemma we face when buying.
I think you would be surprised that out of the 12 I saw I saw one that was original shiny paint and very nice and mine that I picked that was original owner with a body off restoration that I find to be high quality.
I will let you all judge. It the end the main issue is to learn the differences in quality (whether USA or imported) and not to misrepresent. A $15k FJ may have indeed had a body off restoration but the quality is not going to be there. I picked this yellow one that I find to be pretty high quality and I will price it accordingly once I am ready to sell it.
Another thing that I learned is that my next one I believe I will contract with a local Colombian with 20 yrs experience working on these FJ's and then require a high quality (maybe not auction house resale $50k quality) frame off restoration and then pay him accordingly and photo document and inspect his work.
I am hoping that by using lower cost yet high quality local labor I can produce a high quality restored vehicle at a good price.
I am sure the folks here will be the BEST judge of whether that is possible or not! I will post a few photos below of the yellow one that I plan on buying and importing.