I have owned this CJ 5 for almost 4 years, and I am thinking about selling it to move onto another project. I have put countless hours to get it to look the way it does now. It has the 304, 3 speed tranny, dana 30/amc 20 axles with 3.54 gears, and power steering. As far as the vin number goes, the jeep appears to have the factory powertrain.
The good....the engine runs strong, I have added a msd box, headers and new mufflers, elelbrock aluminum intake, Holley 470 TA carb, edelbrock cam, team rush distributor, and all new fuel lines. I built a rear tire carrier, replaced the power steering box, new steering shaft and tire rod ends, upol raptor inside of the jeep, new seat belts, double cardan rear drive shaft, 4" 4WD lift, upgraded the head lights, warn M8000 winch, Goodyear MTR 32" tires with American racing aluminum rims, replaced all brakes, new rear main seal, all gauges correctly work, and Kenwood radio with detachable face. All lights and blinkers work, it has a current Louisiana inspection sticker. The jeep is really reliable and I would drive it almost anywhere. With all of the steering upgrades, it steers and stops really well for a jeep this age. I also have a two hitch that bolts to the front bumper so it can be towed anywhere. It does have a bikini top, but no stop top or doors.
the bad..the previous owner slapped a coat of paint on it prior to me buying it. The hood, fenders, and windshield frame have rust issues that have been painted over. I personally welded in patch panels from quadratec on the rear of the frame where the front of the rear left spring attached to the frame. This repair really came out well. No heater components, but I do live in Louisiana, so a heater is rarely needed.
I know I will never get all of my money back, but if I were to put it on the market, what do you think it is worth?
These 'CJ value' threads are always subjective, primarily because of location and opinions.
That said, my opinion is around $4,500'ish.
Your CJ looks great in the pics, and is reassuring to hear it's reliable/street friendly; however, the rust issue could be turn off to some potential buyers - especially those looking to drop the $$$ on a turn key CJ.
Could always start the price around $7k OBO and see what offers/interest you get.
Having owned several CJ-5's, it's my opinion/experience that they are not as popular as the 7's and 8's. Less storage room and the shorter wheelbase is challenging for those of us w/ families. Of course there are some loyal CJ-5 fans out there, but again, the re-sale value on 7's and 8's always seems to be better.
__________________ 1981 CJ-7: Fresh 304, NV4500, Twin Stick Dana 300, Dual Tops, 33" Mud Terrains, etc.
thanks for you opinion, that is about that I was expecting too. I have thought about replacing the fenders, windshield, and hood and slapping a fresh coat of paint on it and asking a little more. But then you run into a potential buyer stating he does not like the color.
I've seen that most of the CJ5s go to the older gentlemen who don't have to worry about the family aspect. I only have the one kid and went looking for my CJ5 on purpose. I've owned 7s and 5s and a Wrangler and I have a soft spot for the 5. It's worth what someone is willing to pay for it. I agree with starting it at $7k and seeing what happens. The good news is that you don't HAVE to sell it and can sit on whatever price you want.
I'll have to agree with the group. If your Jeep didn't have the rust issues, had a heater, and top, I'd agree with the 7k. It's very photogenic. If your really going to sell it. Don't spend another penny on it. Get what you can and don't look back.
I live in Washington State. You're rig would be worth a little less without a heater. Good Luck.
If your really going to sell it. Don't spend another penny on it. Get what you can and don't look back.
Agree totally. I look at your Jeep and I see dollar signs, like when I look at mine. I know I would just get angry if I tried to sell mine and someone started picking over it. Sell it and don't look back. Personally I like the look of the 5, especially with a V8 and 3 speed.
well, well, well. I posted the CJ on the local craigslist and had a few people come look at it. Last night I had two guys look at it and they offered me 6,000 for it. He said he is suppose to get me a check from the bank within the next few days. So long to the little green CJ5, you have been a good friend. Now onto something else. Anyone know of a good project in the Baton Rouge area?.....lol