Evaluation: Venezuelan delivery. Restored from 2017 to 2019 by SGM Custom Vintage Trucks. The paint and bodywork are in very good condition, and the body hardware and trim are all excellent. The engine compartment is extremely clean. The interior has little wear since restoration. Restored recently to high standards, noticeably higher than the many South American FJs that make their way up here and only get a superficial redo.
Bottom Line: After the FJ craziness of the mid-2010s that repeatedly saw over-restored Land Cruisers hitting six figures, things settled down, and collectors turned their attention to other vintage trucks (early Broncos come to mind). Strong but rational FJ40 prices became the norm, and the last time we saw this one was when it was fresh from restoration at Bonhams’ Scottsdale auction in 2020. It sold for $45,920, a perfectly sensible number at the time. Doubling in price in two years, however, seems less sensible. Are we about to enter another era of $100,000 Land Cruisers? Maybe.
