Stellantis hopes the all-new Jeep Grand Wagoneer will prove the company can make a luxury SUV just as well as BMW or Land Rover. As an investment, though, it’s probably a very bad one. We can’t say the same about the 1980s vehicle that inspired it.
The Jeep Wagoneer/Grand Wagoneer name is one that dates back to the early 1960s. If you ask most people, the Wagoneer peaked in the mid to late 80s, and this 1988 model looks just as classy as it did when it was new. Having only 42,000 miles (67592.5) from brand new tends to do wonders for preserving good looks.
It must be said, the Jeep isn’t entirely numbers-matching, which likely caused a negative change in value. Even so, the ways in which this example has been modified are tasteful and practical.
Gone is the original 360 cu-in (5.9-liter) V8, a refined engine, but a bit of a dog in such a big heavy 4×4. A 401 cubic inch (6.5-liter) V8 is in its place for extra high-end performance and highway passing ability.
It’s customary for the people who bought these Jeeps to hoon them off-road and drive the absolute heck out of it. Jeeps in that state usually have their interiors destroyed by years of use, but that’s not the case at all in this instance.
The tan leather and cloth seats still look firm, supple, and ready to transport you across rough terrain in a laid-back style that modern Jeeps can’t even comprehend. This one-of-a-kind modified Jeep can be yours via a private seller in Huntington, New York, for $60,000 before taxes and fees.
That’s $17,000 less than even the most basic new Grand Wagoneer, don’t bet on the new version appreciating in value the way that this one does. If we’re honest with ourselves, it’ll probably be worth half of that in just a few years.