Classic Land Cruiser prices are also going up
To say that prices of iconic vehicles from the 90s have skyrocketed would be an understatement.
In the past five years, the prices of cars such as the Nissan Skyline, Toyota Supra, and air-cooled Porsche 911s have exponentially gone up. But it seems it's not limited to just sports cars from that era. Just take a look at this 80 Series Toyota Land Cruiser. It recently sold for USD 136,000 or roughly PHP 6,500,000. Yes, that makes it more expensive than a brand new 200 Series Land Cruiser at dealerships today.
The 1994 Land Cruiser that sold for PHP 6.5 million on Bring a Trailer isn't just any old LC80. This particular model only covered 1,000 miles (1,610 km) throughout its 27-year life. As you can see from the photos, it's unmodified and looks absolutely mint, and according to the ad, everything is original. The seller also claims the SUV was picked up from its second owner in 2020, reportedly after spending most of its life in the collection of the original owner. The vehicle was last serviced in October 2020, where the tires, accessory drive belts, and battery were replaced.
With that, it's probably the freshest LC80 in the market by far. Well, at least it was. Its already been sold to a new lucky (and wealthy) owner.
Compared to the Philippine-spec LC80, the US-spec models were quite different. The ones sold in the US didn't have "barn doors" at the back. Instead, they have a more traditional split tailgate, similar to the newer LC models. Under the hood, they had a 212 horsepower, 4.5-liter straight-six gasoline engine paired to a four-speed automatic gearbox and a two-speed transfer case. Meanwhile, local units all came with a diesel powerplant and a manual gearbox.
PHP 6.5 million is a lot of money for an LC80. But, it shows that vehicles like these are also going up in prices. Locally, they're now retailing for around PHP 1.3 million or more, depending on condition.
Good news for the owners, not so for those dreaming of owning one. With that, would you have spent that money on what could be the freshest LC80 so far, or wait for the new 300 Series? Let us know in the comments.