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Go Back JeepForum.com > Models > Jeep Cherokee & Comanche Forums > XJ Cherokee Non-Technical Forum > Flipping an XJ (craiglist)

ZONE 4.25" combo lift for TJ available at Rockridge4wJeep Wrangler Bushwacker Flat Fender Flare Sale at BaselinRIGID LED Light Blowout Sale - All Sizes, All Series, all

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Unread 07-21-2013, 12:26 PM   #1
tyvanwie
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Flipping an XJ (craiglist)

Hello XJ guys TJ guy here. My friend has been doing that Craigslist thing where you keep trading up, and he now has a Honda accord. He is looking at trading for an XJ but has no idea about them, which is why he asked me for help. Before I got my TJ I looked at XJ's, so I know a good but about them (axles and such).
Now to the main point. How easily do you think it woul be for him to flip it? I was thinking about getting a stock one that needs a little tlc, but is, for the most part, mechanically sound and then putting a small lift and either 30 or 31 inch tires just so we can say "lifted". I would not be getting brand new wheels and tires, but the lift most likely will be. Is this wise? Any help is greatly appreciated

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Unread 07-21-2013, 12:32 PM   #2
jeepinjeepin
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Spring spacers in the front, shackles in the back, and bolt on some used 31" mud tires.
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Unread 07-21-2013, 12:41 PM   #3
tyvanwie
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Quote:
Originally Posted by jeepinjeepin
Spring spacers in the front, shackles in the back, and bolt on some used 31" mud tires.
Pretty much what I was thinking. And I'm guessing shackles would be cheaper than AAL?
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Unread 07-21-2013, 01:34 PM   #4
Motorcharge
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There's not all that much money in flipping XJs, though it depends on the area. Around here you'll pay more for an XJ than a ZJ and a lot of WJs now.

In general if I was looking to flip XJs I'd find 00-01 XJs with cracked heads that are in otherwise good shape for cheap and turn around and replace the head. You can still get $3000 or so for one in good shape and I see them often for under a grand with cracked heads. Costs about $400 for the head and gasket and takes about 8 hours if you've never done one. Pretty straight forward, only need basic hand tools other than a torque wrench, and on XJ 4.0s you can pull the head with the manifolds still on it which makes swapping them over a lot easier. Just need a second person to help pick it all up once it's loose because all three parts weigh a good 200 lbs or so.
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Unread 07-21-2013, 01:50 PM   #5
tyvanwie
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Thanks for the info. I have some mechanical skills, but have never replace a head before. My dad and I do have plenty of tools though and should be able to do it no problem. I guess one of the main questions is would putting a small lift and slightly bigger tires on be worth it? Say we put $500 into it.
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Unread 07-21-2013, 02:46 PM   #6
jeepkid03
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If you want to flip it, DO NOT lift it, AT ALL. Contrary to popular belief, mods do not increase the value of a vehicle, and in most cases they actually hurt your chances of selling it.

People shopping for XJs want clean stock ones, not "projects". Any lifted vehicle even if done correctly can be viewed as a "project" to someone else since they are not usually 100% sure what has been done to it. Instead of appealing to 100% of the XJ buying crowd with a stock one, you are appealing to about 50% or less of them who want a lifted one.

Around here, you could make a decent amount of money flipping XJs. There is certainly a demand for them, but the demand is based around the fact that they are great winter vehicles. With the salty roads here, the cleaner a Cherokee is the more money it goes for. Believe it or not we still have 2000 and 2001s with low miles going for 10 grand. I wish it wasn't so, since I'd buy them for cheap, but they sell fast even at that outrageous price.

You would get your money back on something else to make it nicer instead of lifting it. Say nicer wheels, new tires, professional detailing, fixing rust, cleaning interior and replacing headliner, etc. Those are all things that would make someone want to buy yours versus someone else's.

There is a guy in the next town over who sells Jeeps. He usually deals with XJs, ZJs, WJs, and TJs. He makes decent money fixing them up. He just bought a ZJ last month. I think it was a '96 or '97 limited with the 5.2L. It was in ok shape, but needed some rust issues fixed and the front seat was ripped. He fixed the rust, reupholstered the front seat, and detailed it. It looked like brand new and he sold it in no time considering it was a V8 and gas is $4 a gallon here.
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Unread 07-21-2013, 02:57 PM   #7
tyvanwie
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Yeah there was one here with 94k miles and he sold it for over $9000. Crazy.

Around here, lifted ones are a dime a dozen compared to stock. Do you think we might have better luck buying a lifted one and either downsizing, or bringing it back to stock?

What we may end up doing is buy a stock one for cheap, clean it up, fix it without putting any money into it, list it and see what happens. If no hits we could try lifting it. It definitely seems like around here people want a lifted one. Kids mostly.
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Unread 07-21-2013, 03:59 PM   #8
Motorcharge
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99+ with under 100k miles go quick at legit dealerships around here for $10k+. People still really want them and there arent many left under 100k.
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Unread 07-21-2013, 05:32 PM   #9
Muddy97Cherokee
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Like already stated, lifting it does not increase the value of the vehicle. Find a good cheap 98+ or 99+, 97's are a pain, that has a problem and fix it. One of my buddies does it and he makes some good profit doing it. I wouldn't consider buying a already lifted one and try to get it back to stock. Just stupid in my opinion.
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Unread 07-21-2013, 05:35 PM   #10
tyvanwie
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Quote:
Originally Posted by Muddy97Cherokee
Like already stated, lifting it did not increase the value of the vehicle. Find a good cheap 98+ or 99+, 97's are a pain, that has a problem and fix it. One of my buddies does it and he makes some good profit doing it. I wouldn't consider buying a already lifted one and try to get it back to stock. Just stupid in my opinion.
Thanks man. That's probably the way we will go. If y'all don't mind, whenever we find some possibilities ill post them here and y'all can give your opinion? I really appreciate it!
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Unread 07-21-2013, 09:43 PM   #11
LimeLJ
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I buy lightly wrecked in the front XJs for $750 or less in the 1995 to 1999 year ranges. Replace the busted pieces with good junk yard pieces, do a really good detail, a quick tune up, and sell them for much more. I generally do not bother to paint them if the replacement pieces do not match.(The buyers I cater to are just generally looking for solid reliable transportation.) The only reason this works is because I am picky about which ones I get to fix, have a low fixed maximum buying price, and live by a really good junk yard with a healthy supply of parts XJs. This also means I generally only do one a year. I have gained valuable experience in body work, painting, and other areas of car repair that I would have not gained elsewhere though.

The worst I have come out of is breaking even after having to spend too much on parts. The funny thing about that one is a year later it showed up in a junk yard and I repurchased those nearly new parts for cheap with only a few thousand miles on them to use on other flips. It helps out at the junk yard when you already know which parts on the vehicle are new.

Here is a great example.
Good body: $650 http://huntsville.craigslist.org/cto/3925126670.html
Working engine package from LKQ: $350.(Get to open it up and inspect it too!)
$1,000 XJ. List it for $2,500, expect to sell no lower than $1,500.
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Unread 07-22-2013, 08:31 AM   #12
tyvanwie
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You don't think a 2wd would be much harder to sell? I've been eliminating them from consideration.
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Unread 07-22-2013, 08:40 AM   #13
cpratt247
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As far as 2wd goes, it all depends on what area in the country you are in. I'm in Houston and the 4wd's are very hard to come by, most people have 2wd because 4wd isn't needed...even for most off road adventures.

2wd and a rear locker her and you can go almost anywhere.
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Unread 07-22-2013, 08:48 AM   #14
tyvanwie
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Here in NC 4wd ones aren't hard to find. I'd say the ratio between 4wd to 2wd ones for sale is 3:1. So not too bad. The 2wd ones are definitely MUCH cheaper. But the problem is, my friend will be trading a Honda accord for this, so he needs to be making a good deal, you know?
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Unread 07-23-2013, 10:07 AM   #15
LimeLJ
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Four wheel drive models can easily demand $2,000 more in Alabama.
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