What is it worth - 1977 FJ40

Discussion in '40- & 55-Series Tech' started by EasyStreet, Nov 3, 2005.

  1. EasyStreet

    EasyStreet

    Messages:
    70
    Likes Received:
    0
    Joined:
    Jun 12, 2005
    Location:
    Saginaw, MI
    I know there have been a lot of newbies with the same question. I am sort of a newbie, but have been visiting this site almost every day for the past 8 months. I have been looking for a clean FJ40 the past year. I wanted something in pretty good condition and think I've found it. The only draw back is the wheel wheels were cut and fender flares added. MY question is am I paying to much? I am paying $8,800(less than they were asking). The cruiser is early 1977 - so no pop out windows(July 1977). THere is hardly any rust - mainly on door edges and screws , but mainly surface rust. The rear sill is pretty damn good, with justy a few small bubbles. The rear quarter panels are excellent except above the rear lights there is a slight crack, but it may just be the paint. No Bondo - hard top w/ brand new bikini top. The engine was rebuilt by Factory Toyota 14,000 miles ago( has receipt). Hard top is in excellent condition . No leaks and interior is in good shape. Tub and front floors look great. What do you guys think? Mileage says 77,000 and its been painted @ least two times! Looks pretty good compared to other ones I have seen on ebay, which I have found way overpriced! I fell pretty good with the puirchase price - only downside is the cut rear quarter panel!

    Easy Street
     
  2. Chase77

    Chase77

    Messages:
    720
    Likes Received:
    1
    Joined:
    Jul 22, 2003
    Location:
    Cincinnati, OH
    Pics make guesstimates much eaiser.
     
  3. EasyStreet

    EasyStreet

    Messages:
    70
    Likes Received:
    0
    Joined:
    Jun 12, 2005
    Location:
    Saginaw, MI
    Sorry no Picts, but its in pretty good shape - no holes or rust bubbling anywhere except a few spots in the rear(sill). Front fenders are in great condition along with the doors!
     
  4. GetsUThere

    GetsUThere

    Messages:
    253
    Likes Received:
    3
    Joined:
    Apr 30, 2005
    Location:
    Down South
    I think 8/76 is the start for pop-out rear windows. Mine is 12/76 has them. Link to FAQ
     
  5. 74fj40

    74fj40

    Messages:
    2,730
    Likes Received:
    518
    Joined:
    Mar 12, 2005
    Location:
    Littleton, Colorado
    77 is a pretty desireable year, from your description id say around 7500-8500 grand sounds about
    right.
     
  6. EasyStreet

    EasyStreet

    Messages:
    70
    Likes Received:
    0
    Joined:
    Jun 12, 2005
    Location:
    Saginaw, MI
    Thanks Max ! I live in Denver so after I get it we may have to get together!
     
  7. Poser

    Poser Oh...Durka Durka Durka. s-Moderator Supporting Vendor

    Messages:
    20,402
    Media:
    17
    Albums:
    1
    Likes Received:
    826
    Joined:
    Oct 1, 2003
    Location:
    MN


    These do not go hand in hand.


    There is bondo in the truck if it has been painted at least two times.



    There are ample 40 people close to you that have been around these vehicles for a long time, know them inside and out, and would be glad to give you a no bullshit assessment on the condition of this truck. I would bet that it is not all original, has been pieced together, and from a distance, looks great. It would also do you A LOT of good to crawl around as many 40 series as you can to get some form of baseline set. Pictures are great, but at the right angle and light, you will not be able to see EVERYTHING, and can easily talk yourself into something that you will regret later, unless you know what you are looking for, and have seen it first hand in other trucks, both good and bad.



    Rust is rust, even if you justify it by calling it surface or little or only a tiny bit or bubbles, it is rust. Bubbles in the paint are an indicator of something bad going on underneath, period. " once you dig in, you'll find it comin' out the other side "
    ...don' t think Lenny had rust in mind when he wrote that, but it is a FACT.



    If there is rust in a body of a truck, I would not even consider the better part of ten grand for it.


    Good luck!


    -Steve
     
  8. honk

    honk

    Messages:
    3,413
    Media:
    10
    Likes Received:
    370
    Joined:
    Nov 14, 2004
    Location:
    PNW


    So you've already bought it, right? Sure sounds that way from what you're saying.

    And now you want to be reassured? Well OK..........there, there, JimmyBob. Everything is going to be alright.

    All Better Now?
     
  9. Felix

    Felix

    Messages:
    2,347
    Likes Received:
    513
    Joined:
    Jan 15, 2005
    Location:
    Alexandria, VA
    I paid $7,250 for my '75. It has front discs, but the rear sill is rusty, the rear wheel wells have been trimmed poorly, and it's got diamond plate on the quarters. I'm on the east coast, so to me your price sounds like it's on the higher end of reasonable, but the market is different in CO.

    If you already bought it, who cares if people tell you it was too much. It was worth it to you, and now you've got yourself a Cruiser!
     
  10. Gregor

    Gregor

    Messages:
    146
    Likes Received:
    2
    Joined:
    Apr 29, 2005
    Location:
    Northern Colorado
    I bought my 77 FJ40 in Denver 6 years ago for $7,500. Comparing different trucks is apples & oranges with all the different possible modifications & accessories, but it doesn't sound like you're getting ripped off. Your resale value would still be over $7,000.
     
  11. bustanutley

    bustanutley

    Messages:
    2,285
    Likes Received:
    4
    Joined:
    Apr 10, 2004
    Location:
    denver
    8k is a grip, I would never consider buying just about any cruiser (fj40) for that amount especially if it has rust and is not an original color (bondo). I have run across plenty of $500 cruisers in my short time. They normally need a little mechanical attention, but that’s not a big deal in my book.
     
  12. Poser

    Poser Oh...Durka Durka Durka. s-Moderator Supporting Vendor

    Messages:
    20,402
    Media:
    17
    Albums:
    1
    Likes Received:
    826
    Joined:
    Oct 1, 2003
    Location:
    MN


    Not when you are looking at clean steel compared to obvious or hidden rust....
     
  13. Horsehead

    Horsehead

    Messages:
    308
    Likes Received:
    0
    Joined:
    Nov 4, 2005
    Location:
    High Point, NC Greenville, SC
    I got my 73 for $1500... granted it took 2 years to get it on the road, but 8k sounds like a rip off...
     
  14. dieselcruiserhead

    dieselcruiserhead

    Messages:
    2,673
    Likes Received:
    9
    Joined:
    Jan 2, 2003
    Location:
    Park City, Utah
    Sounds like a ripoff to me. If I were going to spend $8800 I would make sure the cruiser was close to _no_ rust at all. There is bondo if it has been painted, bring a magnet with you. And a camera. Depending on there the rust is it might be fixable, but that is still a big and expensive job...
     
  15. folsom50

    folsom50

    Messages:
    641
    Media:
    1
    Likes Received:
    10
    Joined:
    Jun 19, 2003
    Location:
    Nowhere Nebraska
    A bubble on the rear sill now means sill replacement in a few years. At least that's what I've seen on my cruiser, and I tried my best to keep the rust from spreading. $8,800 sounds a little high to me.
     
  16. Benson

    Benson

    Messages:
    204
    Likes Received:
    0
    Joined:
    Sep 15, 2005
    Location:
    Utah
    $8,800 is a relative amount as value means different things to different people. If you are young and/or poor and $8,800 is a stretch then think long and hard about the price. If you have a little in the bank and this is just for fun then an extra grand or two might not be a big deal if the truck is what you want.

    I am not advocating overpaying without reason, but not everyone wants to pay $1000 for a truck and spend two years getting it ready. I wish I had the skill/knowledge/time to do that but IMHO I'd rather have the truck in my garage and not look back. And yes, I did overpay a bit for my rusty '78, and I've never been happier. YMMV.

    James
    '78 40, '01 100. '99 Taco
     
  17. Doug_S

    Doug_S

    Messages:
    880
    Likes Received:
    0
    Joined:
    Jul 19, 2004
    Location:
    Olympia, WA
    If it doesn't have ANY rust (check the frame too) the price goes up accordingly. What I've always said is to get the nicest Cruiser that you can given your budget. I agree with the others who have posted, if it's been repainted several times before, it probably has some body filler. With only 77,000 miles, why was it painted? Pics if you can send 'em are nice.
     
  18. tequilalover

    tequilalover

    Messages:
    84
    Likes Received:
    0
    Joined:
    Jan 12, 2005
    Location:
    Boulder, CO
    I have found that the initial purchase price of my FJ40 pales in comparison to what I am putting into it. I toiled, searched, and got fanatical about buying a 40 until my wife finally said, "I'm sick and tired of you looking at that s*** all the time on e-bay, why don't you pull the trigger and buy one". Shortly thereafter I did and have never been happier! What a woman!
     
  19. Poser

    Poser Oh...Durka Durka Durka. s-Moderator Supporting Vendor

    Messages:
    20,402
    Media:
    17
    Albums:
    1
    Likes Received:
    826
    Joined:
    Oct 1, 2003
    Location:
    MN

    Very valid question.


    One better however, why was the engine 'rebuilt' at 63K?



    unlike the Ventures, run, don't walk. ;)
     
  20. Archengine

    Archengine SILVER Star

    Messages:
    291
    Likes Received:
    0
    Joined:
    Nov 6, 2003
    Location:
    Frankfort Ky
    If there is a crack in the 'paint' around the quarter panel, then it has some thick or poorly laid bondo.
     
  1. This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
    By continuing to use this site, you are consenting to our use of cookies.