With the 80 series being such a great offroading truck, why are the values continuing to plummet?? I used to own a FJ-62 and "upgraded" to an 80. Soon the 80 will drop below the 62 value. Hopefully, the prices will bottom out soon!
Around here, we have quite a few 60 series for sale with prices way above 80 series prices.
I had to laugh when I saw an '85 60 series for sale with an asking price of $19,500. Granted it was in fairly nice condition and the engine was rebuilt...but it was clearly more than $13k overpriced.
I have no issues with the prices going down since I have no plans on selling my 80.
I think there's a difference between what people ask for their 60 series and what they end up taking. It took me over 3 months to sell my '83 FJ60, ended up with it on e-bay, and felt luck to get $5.5K, with lift, winch, bumper, 33x12.5 MT's, headers, Yakima rack, AND my M416 trailer, hitch, spare tire, hi-lift, etc. etc... Gas prices won't help.
Comparing the prices to 62's is a bad comparison .... you see, 62's have gold plated muffler bearings and other rare parts.
Seriously though, the FJ62 market is sooo far out of whack in a lot of cases its laughable. I still dont understand how people think they are worth so much more? Sure, I I think you are seeing prices on 80's and most other large SUV's falling because of gas prices. The 60 & 62's have already kind of stabilized before the gas hike.