Why are there so many FJ40's still for sale? (14 Viewers)

[sogncab]

Economy sucks.

A matter of perspective.
My economy is ripping.

 

[numby]

I realize that many here are making a living off of the increased value of these old vehicles. I don't want to see their livelihoods affected but...

I "think" I'll be really happy when nobody wants them and I can stop worrying about where I park mine. With my luck that'll happen right as I need an operation in Switzerland or serious bail money.

 

[White Stripe]

Cant imagine whats causing this down turn in the economy/ high cost of living?

Ya its been bad for years. Prices have been all over the place for quite a while. Personally though in the last several years I think 40 prices have been steady. 80 series prices are creeping up slowly I think.

 

[ikarus]

Thoughts on this one? Started out at $25K last year and just keeps getting cheaper and cheaper.. it's almost cheap enough that I might grab it just because it would be a fun summer vehicle, though not the ideal 40 that I would save up for. But it would be fun in the mean time.

Toyota Land Cruiser | 12000 | Draper, UT | KSL Cars - https://cars.ksl.com/listing/9962687

 

[cruisermatt]

Thoughts on this one? Started out at $25K last year and just keeps getting cheaper and cheaper.. it's almost cheap enough that I might grab it just because it would be a fun summer vehicle, though not the ideal 40 that I would save up for. But it would be fun in the mean time.

Toyota Land Cruiser | 12000 | Draper, UT | KSL Cars - https://cars.ksl.com/listing/9962687

You have a lot of leverage for negotiation with how poorly that SOA is done. On the flip side, it would be pretty easy to put that one back to SUA. The rest of the truck doesn't look too bad, actually pretty unmolested looking for a 71. I'd say $5-6k would be ok. It would be a $10k truck (maybe) if the steering/suspension were sorted

 

[pb4ugo]

I agree. It appears he spent a lot of time and money to get it to handle. I bet none of those efforts made it any better. SOA requires more than replacing parts. That roll bar is scary looking.

 

[sogafarm]

Yeah I’ve been noticing the massive price drops on 40’s too. Watching Mecum auction in Indy this weekend and prices are surprisingly weak on most all makes. Nobody has anything extra to spend on an extra vehicle these days. My auto insurance went up from $1600 to $2300 for the year for no reason. No tickets or claims and iv been with the same company for 27 years. Property tax evaluations have tripled in my county also in one year. Everything is way over priced except Landcruisers these days.

 

[knuckle47]

@sogafarm glad you pointed this out since everything I have said to everyone I know seems to have fallen on deaf ears. I ask them if their income has risen proportionately in this time frame…”.uh, not really”. Then wake the f%$@ up. I am as passionate these days about this as I was 50 years ago with smoking and recycling.

Ok. I’m finished

 

[Chilkoot]

The other factor in this for people trying to do most of the work themselves are the cost of parts and materials. I just spend $25 for two small rubber OEM gaskets between shipping and parts. Probably going to myself when I have to buy paint.

 

[steffan]

Yeah I’ve been noticing the massive price drops on 40’s too. Watching Mecum auction in Indy this weekend and prices are surprisingly weak on most all makes. Nobody has anything extra to spend on an extra vehicle these days. My auto insurance went up from $1600 to $2300 for the year for no reason. No tickets or claims and iv been with the same company for 27 years. Property tax evaluations have tripled in my county also in one year. Everything is way over priced except Landcruisers these days.

That being said, there is still a market for high end builds. I think maybe the market has become more savvy about the quality of the builds - Just watching the sales on BAT one sold for $80k so there are still people out there willing to spend the money. Made me feel a little better knowing how much it cost to do my build

 

[Jdc1]

The other factor in this for people trying to do most of the work themselves are the cost of parts and materials. I just spend $25 for two small rubber OEM gaskets between shipping and parts. Probably going to myself when I have to buy paint.

Paint is insane -

That being said, there is still a market for high end builds. I think maybe the market has become more savvy about the quality of the builds - Just watching the sales on BAT one sold for $80k so there are still people out there willing to spend the money. Made me feel a little better knowing how much it cost to do my build

That was our build, market is definitely soft, it didn’t make the reserve that BaT wanted to place on it. Parts and materials were pretty close to that price if anyone was wondering what it takes to do it, that’s with my wholesale discount(no shipping) and before a lot of this stuff started to dry up.