Little help here

[Aubie77]

Since no one else will say it I will 25k on a 16 year old vehicle that has been off-road is a little nuts. Somebody out there might pay it and good for them but it is not something to take debt out for. I hope I do not get blasted if so just my opinion. It is nicely built but obviously to recoup that in used market is not something that happens all time. I think missing this one is probably best unless that 25k is just pocket change.

 

[benc]

Since no one else will say it I will 25k on a 16 year old vehicle that has been off-road is a little nuts. Somebody out there might pay it and good for them but it is not something to take debt out for. I hope I do not get blasted if so just my opinion. It is nicely built but obviously to recoup that in used market is not something that happens all time. I think missing this one is probably best unless that 25k is just pocket change.

A build vehicle is defenitly a limited market but for someone looking to build a 100 series in a similar way can see the value. A lot of guys on this forum will buy the vehicle and take it to a shop to have it built, this would be a 40k build at that point. So no, I'm not recouping any where near my cost if labor is of any value. If you don't count the labor it would still cost about 27-29k to purchase and build a similar 100 with doing all work yourself.
A 100 series enthusiast or land cruiser enthusiast are the only ones that would understand spending 25k on a 16 year old vehicle. The build quality on these is next to none and I would chose and older landcruiser over any other newer suv any day.
Every one has there own opinion and I appreciate that but only some one that has had the opportunity to get behind the wheel of one of these amazing vehicle will understand.

Fwiw,
Sale pending at asking price.

 

[Manhattan]

@Aubie77 I get what you're saying. On the surface, $25k for an old modified anything may not make sense... until you start doing the math. If the goal is to end up with a modified, (restored, etc) vehicle, it is ALWAYS cheaper to buy the finished version vs. buying then building/restoring.

As a very (!) significant mitigating factor here, this one happens to have been built by a well-known and highly respected builder. That #1 concern with any modified/restored vehicle is that it was done properly - and won't have to be redone. We've all seen Ben's skill and attention to detail... that's worth at a s***ton... technically speaking

 

[aaronrules]

@Aubie77 I get what you're saying. On the surface, $25k for an old modified anything may not make sense... until you start doing the math. If the goal is to end up with a modified, (restored, etc) vehicle, it is ALWAYS cheaper to buy the finished version vs. buying then building/restoring.

As a very (!) significant mitigating factor here, this one happens to have been built by a well-known and highly respected builder. That #1 concern with any modified/restored vehicle is that it was done properly - and won't have to be redone. We've all seen Ben's skill and attention to detail... that's worth at a s***ton... technically speaking

Exactly!

 

[Aubie77]

I thought this might happen when I made post. Just giving my opinion was all. To me the the enthusiasm comes from being able to do the build myself and make it what I want not going the prebuilt route. I also do not think it is something to take a note out on but to each his own that is why Capitalism is the best system out there.

 

[benc]

I thought this might happen when I made post. Just giving my opinion was all. To me the the enthusiasm comes from being able to do the build myself and make it what I want not going the prebuilt route. I also do not think it is something to take a note out on but to each his own that is why Capitalism is the best system out there.

I'm not sure what you think happend? You gave your opinion and others gave there's.

 

[Dwight S]

Aaron... Sorry you missed out on Ben's truck. There will be others. Believe me, if I had the available cash, it wouldn't have been a debate, I would have jumped on it. It's got pretty much everything you'd need to go explore. I also see others thoughts on this as well. Build it yourself and get to know your truck as you go. Also, people can't expect to get all their time and money back when they sell. This goes for any auto work. Restorations and customs, the owners think their cars are worth what they have invested, but in reality, it's only worth what someone is willing to pay. And most, will only want to pay half of what has been invested. I'm certain Ben has far more than just the receipts that he mentions (I believe $29K) invested in his truck. He's got hours and days modifying, fixing and maintaining it, he also has lots of time developing his bumpers, which while he gets further benefits from selling, he still has hours and hours invested.

With as much information as we can find here on MUD, there shouldn't be too much we can't do ourselves or too many mistakes made as far as bad parts decisions when it comes to a build. Keep your chin up, save some money and keep your eyes open, find that new truck and dive in with the same gusto you had with the other one.

 

[Aubie77]

I'm not sure what you think happend? You gave your opinion and others gave there's.

what I thought would happen is that I was in the Minority on the value of your truck. I admitted it and said further where my opinion was and still is. I am glad that you were able to sell for asking price and I hope that whoever bought it got what they wanted.

 

[RyanStl]

Since no one else will say it I will 25k on a 16 year old vehicle that has been off-road is a little nuts. Somebody out there might pay it and good for them but it is not something to take debt out for. I hope I do not get blasted if so just my opinion. It is nicely built but obviously to recoup that in used market is not something that happens all time. I think missing this one is probably best unless that 25k is just pocket change.

No, you offer sound financial advice. People give the same advice at the Pinball forum I frequent. Usually, financing a toy is ill advised.