I'm trying to sell my 1988 Toyota Land Cruiser. She has around 300k miles, needs a new radiator, water pump and thermostat, 4wheel drive is iffy, rear passenger panel needs new paint job. Ripped drivers seat a nd cracks in dash, but otherwise she is good shape cosmetically. She still drives strong. A local guy who collects said 10K..Hagerty says 9700 for fair condition. What do you guys think?
Value of '88 Land Cruiser? (1 Viewer)
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Rust? Pictures?
- Thread starter
- #3
No rust on the body that I can see...just dirty. Just just took some pics of the undercarriage and she seems to have some minor rust going on. She was in dry AZ and now I'm in humid AR and has been sitting in the yard. Her hood has some paint wear and the back side panel needs a repaint. Took some photos. Thanks so much! It's jsut hard for me to figure out what she is worth online...
If it was me I’d fix the issues and sell it on BAT for 20k. The day I bought mine I saw a blue one with frame rust, an accident, and 300k miles sell for 35k.
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Clean and detail it well before you sell it (on BaT or anywhere else). Auctions of 'loved' vehicles do a lot better. Power wash the cobwebs from the bottom, buy some hubcaps, use 0000 steel wool on the steel rims until they glow. A few hours work, as CRZR45 said, would be well worth it. Unlike '40s at the moment, FJ62s still seem very hot on BaT.
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- #7
Thanks for all the advice, guys! Unfortunately, I am no mechanic and I don't really have the money to fix her radiator (overheating and some kind of blockage ...fluid won't drain down ). I will definitely clean her up like you suggested. I hate to sell her...she was my daily driver for four years and I'm quite attached to her....but she is only being used as storage for my kayak at the moment. Will probably never have the money to fix her up properly. A local guy who is a Toyota mechanic stopped by and asked if I wanted to sell and that is why I'm trying to figure out what she is worth. He is only offering 8k though and I'm not going to give her away.
kevin in okinawa
SILVER Star
I think we all feel for you on that...but the list of problems you stated keeps growing and sounding more serious. If Hagerty says that "good condition" is $10k, maybe that $8k offer isn't too bad? He also doesn't know if the AT is going to start slipping in a month or if the engine will ultimately need to be rebuilt. "How many other offers have you had?" might be a determining factor to figure value.
this is how all used cars have been sold forever:
List it for sale at the price you want
then lower the price slowly until it sells
the selling price is how much it is 'worth'
easy!
List it for sale at the price you want
then lower the price slowly until it sells
the selling price is how much it is 'worth'
easy!
Idaho Savage
GOLD Star
You forgot about "peel the driver's side snake blinder off and send it to I.S. on Mud," which is step one. GLWS!
I bought my '88 in 2018 for $8000 which is around $10k today and it was a driving project that needed most things and about $15k in differed maintenance/mechanical restoration. I see marketplace project specials go from $6-$12k. A driving and mostly sound one I would start around $15k. Some folks have told me mine is worth mid-20s with the interior and mechanical restoration I've done, I'm skeptical since it still needs body and paint.
Bring a trailer can be useful for market snapshots: Land Cruiser 60-Series - https://bringatrailer.com/toyota/land-cruiser-fj60-fj62/ That outlier LS3 one for $153k is ludicrous though.
I will also echo that doing some light repairs will be well worth it to get the maximum sale value from this. This isn't a beat Chevy Lumina we're talking about here and most dollars in break even at the very minimum barring major off road modifications.
Bring a trailer can be useful for market snapshots: Land Cruiser 60-Series - https://bringatrailer.com/toyota/land-cruiser-fj60-fj62/ That outlier LS3 one for $153k is ludicrous though.
I will also echo that doing some light repairs will be well worth it to get the maximum sale value from this. This isn't a beat Chevy Lumina we're talking about here and most dollars in break even at the very minimum barring major off road modifications.
Open the drain on the radiator and poke a zip tie in the open hole.. I bet it drains out rusty crud. Then you could flush it with a garden hose. Or take upper and lower hose free of radiator and run hose in upper passage under pressure. Might clean out the radiator gunk unless the radiator is leaking itself. It’s a 1 banana
job.
I would bet that 150k truck sold for less than what they paid to build it. You're talking about a full frame off rebuild with FJ80 suspension, a LS3 e-rod motor that is legal in CA, one of the nicest interior jobs I've seen on these trucks. I've been using it as a model for how I am building mine, except I'm not doing the FJ80 suspension.
Oh for sure, it's just jaw dropping to see those figures anywhere close to this platform. Might be the .1% top build?
I’m w the mechanic and would offer 8k… but you *might* get someone to pay a few thousand more as is. No rust is awesome, but sounds like mechanically it’s going to need almost everything addressed sooner than later.
I saw a builder on here saying they were charging 150-250k for a Land Cruiser restomod. 300k for a defender.
square trucks are having a moment
tmxmotorsports
SILVER Star
There's rust somewhere.
8k let it go if you can't fix it yourself.
8k let it go if you can't fix it yourself.
I think $8k - $10k is a fair number honestly. I paid $12k earlier this year for my 86 FJ60 and it came with a spare motor as well as a parts truck and many other parts.
ya'll are crazy. The asset you own is worth double what you're valuing it at and you're encouraging someone else to set the market low. BAT prices are a market, having our trucks worth the sell price on BAT benefits all of us.
My dad used to say that something is only worth what someone else will pay. In this case, someone else will pay far more.
My dad used to say that something is only worth what someone else will pay. In this case, someone else will pay far more.
He may be able to get more but you need to remember that this thing needs some work right off the bat to even get it driving, on top of the fact that even once you do get it to driving status it's going to need a ton more work just to get it reliable and safe.
Most of the examples that are bringing $20-$30k have already been decently baselined, and the average joe isn't going to pay BAT prices for a project, especially when a really decent running 60 just sold a week ago for a tad over $15k.
