Looked at the most 2nd most rusty Grand Wagoneer that I have seen in person

[DerekTJeep]

http://dereksbikes.webs.com/apps/photos/album?albumid=8787010

This truck(258 I6) was for sale in chicago. Frame was bad---kind of like if you drop a graham cracker, what do you get? Also, look at pictures. Rust every where!! At least the grille guard was cool!! It's a 1986 model with 118K. Brake does work, but goes to floor. Ya know how it is :). I tried to buy it. The guy wanted $500. Said to make an offer. I offered $350. The guy then said that the price was $1100. That is the lowest they would take. It has new motor, transfer case, carburetor, and I think transmission too.

I understand that he would want $1100, but no one will pay $1100 for it. Maybe $500, yes, but not $1100.

Why would people want to over haul a truck with rusty body?? Why would anyone here want to mechanically fix up this truck??

[fireman91186]

That guy might have some problems if he thinks someone will pay $1100 for that rust bucket.

I think $500 is O.K. if all of the running gear is newer and he can prove it.

[Billygoat]

From the pics I don't think it is that bad, I have driven worse. IF the frame was solid and the rest of the drive train was good I'd go maybe $800, but with the bad frame you were on track at $350 - that is for salt belt rigs anyway.
If I had a way to haul 3-4 trucks at a time I would run down south but several rigs and bring them back up here to resell...

[Gurinski]

Ive seen some just as bad for more. Seems some people see rust free low mileage immaculate gws for $20-$30k and think they could get a couple grand for a rust bucket just because its a gw. I probably paid more for my gw than most would but I calculated how much it would cost to fix one in bad shape and feel better about it. Mine needs a little body work but it has 55k miles and the interior is as good condition as it could be for a 20 year old daily driver.

[Ristow]

300.00 tops.

[dlowrance]

If he's got all the paperwork on the rebuilds I might would go 5 bills, but from my perspective you're buying a drivetrain and a load to haul to the scrapyard...