Should I buy an 80, costs of ownership?

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I mean the 120 series is a solid alternative but some might say it's not quite the same with the IFS and more complex systems. Most people probably wouldn't notice the absence of the solid axle off-road though I'd wager. My Tacoma is a good truck with lower parts costs, but it's also a much lighter-duty 4x4 than a LC.
Sorry I should have specified, "non-toyota alternatives"
 
As additional data points for any potential new 80 owners, here are a few hard figures I'm willing put into the world:

Cost of purchase for my 1997 LX450 - $9,500 in Sep 2019, no FF/RR diff locks, numerous owners and one theft (2002) on the Carfax
Mileage at purchase - 168k
Current miles - 232k
Maintenance, mods, repairing things I've broken, and tires - $14,711
Assuming 14mpg and gas being $3 a gal on average in this time span, $13,714 on fuel (or 4571 gallons for anyone who wants to do their own math with their MPG and gas prices)

A few other things to note:
- I have not done all of my own maintenance. There were a few items I farmed out to various shops, including both independent mechanics and the Lexus dealer. About $4,400 spent at shops (parts and labor) total
- My "build" has been very mild. No mods aside from an ARB bar, Warn VR EVO 12k winch, used BIOR sliders, and some quality of life goodies from Wits-End. I somehow managed to score my OME stock springs and shocks for free
- I run two sets of tires - all terrain and dedicated snowies
- This does not include the $900ish I've spent on "transferrable gear" - traction boards, tools, tire chains, etc

This brings us to a whopping total of roughly $38,000 spent over the course of 39 months. That's approximately $972 a month. (Not including the aforementioned transferrable gear or insurance)

But can a person really put a price on owning the best 4x4 ever offered in the US? I would say it depends on your financial situation and needs. My goal is to reach 300k miles or beyond and I will continue to do whatever it takes to get my rig there, because to me this is an irreplaceable vehicle.

Your mileage may vary, more details on what I've done with my LX450 can be found in the link in my signature.

Hope someone finds this helpful and feel free to correct me if I made any math errors.
 
Interesting numbers @Roketdriver

You worked through a lot of your build faster that I am (mines still underway) but our overall spend is somewhat comparable. My total is a little over $32k spread out over close to 72 months @ $435/month and $.52/mile. Here's a link to a post I recently shared on my 80 costs to date:

 
Bumping this ****er to the top as there are plenty of newbies who have no clue what the call really is now 33 years in.

**every Land Cruiser owner should read the first post from the curator of the only Land Cruiser museum on the planet.**

Just saying.

This should be FAQ material: Ken @Romer or Igi @nuclearlemon
 
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Bumping this f***er to the top as there are plenty of newbies who have no clue what the call really is now 33 years in.

This should be FAQ material: Ken @Romer or Igi @nuclearlemon
lol- it has been for years and years
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Bumping this f***er to the top as there are plenty of newbies who have no clue what the call really is now 33 years in.

**every Land Cruiser owner should read the first post from the curator of the only Land Cruiser museum on the planet.**

Just saying.

This should be FAQ material: Ken @Romer or Igi @nuclearlemon
Did the 4500 mile 80 on BaT spark your post? :)
 
Did the 4500 mile 80 on BaT spark your post? :)

No difflocks but difficult to improve upon. 2 Years ago a 94 with 1,005 miles and difflocks went for $136,000.00
 
As far as 2023 upkeep costs are concerned I just addressed two broken front diff mounting studs. By the time I was done the parts bill was north of $2,000.00. I supplied the sweat equity. That was worth another 2 grand at today's shop labor door rate.
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Most anything that happens with an 80 these days starts at $1000 and escalates from there, whether it is a repair or modification.

I stopped adding receipts ~17 years ago, about a year into ownership of my first 80 series!
 
Most anything that happens with an 80 these days starts at $1000 and escalates from there, whether it is a repair or modification.

I stopped adding receipts ~17 years ago, about a year into ownership of my first 80 series!
This is a fact but thats true with most old collectible cars/trucks.
 
The inflation in automotive repairs is not unique to 80s. I am starting a business in my retirement because of it. I am appalled to see what shops and dealers are charging. My brother in law's Lincoln MKX was overheating and I diagnosed it as a bad cooling fan assembly. The dealer part was $373 but with labor it came to over $1100. It was a 1.4 hour job and required one of the radiator hoses be removed so a gallon of coolant. I did it in his driveway in less than hour. For the life of me, I cant comprehend why it was over $1100.
 
Most anything that happens with an 80 these days starts at $1000 and escalates from there, whether it is a repair or modification.

I stopped adding receipts ~17 years ago, about a year into ownership of my first 80 series!
You must pay someone to do the labour?

I just replaced all 4 door seals, window runs and belt mouldings.

It was less than $1000🤷‍♂️
 
A dealership will charge outrageous labor rates. A specialty shop will do a little better. I ordered a new suspension (shocks, springs and a steering dampener) from Dobinsons. About $1300. I took it to a dealer to install and they charged me double the cost of the parts to install. I doubt I could have done the install myself as I have a small garage but I will certainly attempt it next time.
 
How much $ value did you place on Life’s most limited resource, Time?

You likely spent most of Saturday doing the work, I would imagine many people on the forum are 6 figure earners, call it $50 per hour that is another $400 in labor and you are nearing a ~$1000 with parts cost.

However, since you asked the question, I do more of my own now that I am not responsible for 1000 employees and chasing young kids! Prior to that I evaluated the enjoyment/difficulty of the job, how much time I have/had available, the equipment required to perform the job and obviously the cost estimate to perform the work.
DIY is often the mantra on the forums, but like you said, what about that precious day off you wasted fumbling under the truck getting oil and grease in your hair when you could've been spending quality time with family or out on the lake? $100-120 an hour can start to seem like a bargain.

IME you can still find reputable smaller shops with lower overhead that charge reasonable rates. A Toyota 4x4 specialist shop like Ozark Overland Outfitters near me is better yet. For something like a top end rebuild, I'd rather have it done once and done right than attempt some backyard hackjob myself. Hell, even if you have to pay $30k to have a reputable mechanic go through everything, it's still cheaper than a new 4runner.
 
DIY is often the mantra on the forums, but like you said, what about that precious day off you wasted fumbling under the truck getting oil and grease in your hair when you could've been spending quality time with family or out on the lake? $100-120 an hour can start to seem like a bargain.

IME you can still find reputable smaller shops with lower overhead that charge reasonable rates. A Toyota 4x4 specialist shop like Ozark Overland Outfitters near me is better yet. For something like a top end rebuild, I'd rather have it done once and done right than attempt some backyard hackjob myself. Hell, even if you have to pay $30k to have a reputable mechanic go through everything, it's still cheaper than a new 4runner.
Well said!

DIY is great, especially to gain knowledge of how it is done and this forum is invaluable in that regard. It has also taught me to make good decisions, what I can or can not do or sometimes what do I want or don’t want to do!

Funny, you mention $30k, that is about what buying and or owning a reasonably dependable 80 with runway left in longevity costs these days!!!
 
How much $ value did you place on Life’s most limited resource, Time?

You likely spent most of Saturday doing the work, I would imagine many people on the forum are 6 figure earners, call it $50 per hour that is another $400 in labor and you are nearing a ~$1000 with parts cost.

However, since you asked the question, I do more of my own now that I am not responsible for 1000 employees and chasing young kids! Prior to that I evaluated the enjoyment/difficulty of the job, how much time I have/had available, the equipment required to perform the job and obviously the cost estimate to perform the work.
My kids are all grown up and gone. I work on my stuff when wife is at work.

Working on my Cruiser is therapy. I don’t earn 6 figures. There are few shops that work to my standard, which is extremely high. If they did then I still would not use them at over $100/hr.

There are no “cruiser” specialty shops here. As a matter of fact I have 2 people asking me to restore/rebuild vintage Toyotas because of my skill set and standards.

My time is just as valuable as the nexts. So, I can work extra to pay someone to fix my cruiser, or I can save and enjoy the time in the shop.

Everyone is different with different priorities and may not have luxuries others have🍻
 

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