The thing that is being overlooked is the added value of a good, clean, well running diesel conversion.
I found a 94 FZJ80 with a bad engine not too far from me, it has about 130,000 miles on it (strange, broke a belt, wrapped around water pump and overheated) The interior was excellent as was the rest of the car so I decided to buy it for $3,500. I decided to go with the GM 6.2 diesel for a number of reasons but mainly availability,cost and conversion parts. I found a military take out engine for around $750, a rebuilt 700R4 transmission for $750, adapters for about $500 (used off of the mud classifieds) I also bought new accessories (A/C, alternator, p/s pump) the brakes replaced, the transfer case serviced, and I installed new shocks and springs. I probably have another $5,000-$6,000 on top of my purchase price of $3,500. My goal was $10,000 total and that is about where I will be after I buy my tires and exhaust system.
Granted some conversions might bring more money than a 6.2 but I strongly believe that if I were to sell my 94 (assuming it runs as well as I hope) it would bring more than my investment. I wouldn't be suprised to see it bring close to $20,000 (crazy things happen on
ebay!) Before I decided on the conversion I spent about 6 months looking for a diesel SUV, bottom line is you just can't find anything as nice as a diesel 80 for under $20,000.
I consider this my "new" car, I drove a 94 FZJ80 up until about 18 months ago and sold it because I got tired of the mileage. I bought a Volvo wagon for about the same as I am going to have in my "new" diesel 80. I am selling the Volvo for about $3,000 less than what I paid for it 18 months ago. If I decide to sell my 6.2 FZJ80 18 months from now I will probably make a pretty good profit on it plus I am setting it up to run on WVO so I will have very low fuel costs. Maybe I am just biased since I have already made the jump but I can tell you this, the smile on my face when I drive my diesel cruiser the first time will be worth whatever it cost me!
Until they start selling good diesel SUV's in this country I don't think you can go wrong with a conversion, even if you have to pay to have it done, the waiting list at all the conversion shops is proof positive!
Just another way to look at it
Rusty