Evaluation: Mechanically overhauled recently to the tune of $20,000 and repainted in its original color, not the kind of lavish treatment we usually associate with old Japanese trucks. The interior is original but was thoroughly cleaned to a nearly like-new appearance. Excellent paint finish and panel fit. It has to be one of the freshest-looking FJ62s in the country.
Bottom Line: And at this price it better be. It’s nearly a third higher than our current condition #1 (concours, or best-in-the-world) value.
The 1967-80 FJ55 “Iron Pig” was the first truly modern Land Cruiser wagon, but the FJ60 that came out for 1981 was a more livable, more conventionally styled, and more popular replacement. Then, the FJ62 that debuted for 1988 came with an automatic transmission and fuel injection for its 4.0-liter 3F straight-six, both Land Cruiser firsts. These Cruisers have a lot going for them. They’re boxy, but in a good way. They come standard famous Toyota reliability and build quality (as opposed to, say, a Grand Wagoneer). They’re classic enough to be cool but modern enough to use every day. Given the generally high interest in vintage trucks and SUVs these days and the FJ60/62’s popularity with younger buyers (77 percent of buyer interest comes from Gen Xers or Millennials, according to our insurance data), it’s no wonder that they’ve become superheated, more than doubling in value over the past five years. They’re now worth enough to put serious money into refurbishing and restoring, as someone did with this FJ62.
This price is ahead of the curve, but we also live in a world with six-figure Broncos and Wagoneers. Remember, too, that FJ40 Land Cruisers touched 100 grand for a time in the mid-2010s. It seems that FJ60/62s have room to grow yet.