Elite Dealer

1978 Toyota Land Cruiser

New York, New York

$62,995

Vehicle Details

Make

Toyota

Model

Land Cruiser

Year

1978

VIN

AMS18526

Body Type

SUV

Transmission

Manual

Drivetrain

4WD

Fuel Type

Gasoline

Engine

with a HD HV4500 5 speed manual

Condition

Good

Description

This is a comprehensively built 1978 FJ40 powered by a Chevrolet V8 with 300 horsepower, fuel injected with programmable electronic ignition. The 5-speed manual transmission pairs with a Warner full floating rear axle and 4-way locking hubs for serious capability. The chassis features upgraded suspension, power steering, power brakes, and four-way disc brakes, while the aluminum radiator and new fuel system ensure reliability.

Interior upgrades include full carpeting with headliner, Auto Meter Phantom gauges, and a rear heater. The roll cage, aluminum body work, and tubular windshield housing reflect meticulous fabrication. New Hella H4 headlamps, a heavy-duty front bumper, and a fresh set of General Grabber tires complete the package.

Bonus: a second 1978 FJ40 with a 327 cubic inch 1963 Corvette engine that runs and drives is included.

Classic Toyota Land Cruiser Buyer's Guide (FJ40 / FJ55 / FJ60 / FJ62)

Full guide

Emily Chen

JDM Classics

1960–1990

~5 min read

Updated Apr 2026

The Toyota Land Cruiser's FJ-series generation is arguably the most capable and reliable 4x4 ever mass-produced. Buying one right requires understanding which rust is cosmetic, which is structural, and which generation fits your use case.

This guide covers

✓ 12-point inspection checklist

✓ Common issues & what to avoid

✓ In-person inspection guide

✓ Market pricing by year & condition

✓ 5 FAQs answered

✓ History & fun facts

Read the Full Land Cruiser Buyer's Guide

Toyota Land Cruiser Market Overview

Based on 69 Toyota Land Cruiser listings currently on ClassicCarsArena.com

Listed Now

$41,966

Avg. Asking Price

1960–1998

Year Range

Price Position on Our Site — Above Average

This car: $62,995

Low: $18,995 High: $159,995

Transmission Distribution

Automatic 13%

Manual 75% ◄

Condition Distribution

Excellent 10%

Good 14% ◄

Data from ClassicCarsArena.com listings Browse all 69 listings →

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What is this car worth?

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Classic Toyota Land Cruiser Buyer's Guide (FJ40 / FJ55 / FJ60 / FJ62)

I approached my first Toyota Land Cruiser the way I approach every potential project: with a flashlight, a screwdriver, and a healthy skepticism about anything the seller told me. What I found was a vehicle engineered to a standard of mechanical integrity I hadn't encountered before — overbuilt axles, a bulletproof inline-six, and a simplicity of design that made every system accessible and rebuildable. That first FJ40 taught me why United Nations field teams, Australian outback farmers, and California trail enthusiasts all converged on the same truck. The challenge isn't whether to buy one — it's buying the right one, at the right price, in a market that has moved sharply upward.

What to Check Before Buying

✓

Frame probing — Probe full frame with long screwdriver — especially behind rear wheels and crossmembers

✓

Floor pan condition — Pull carpet and mats, inspect metal, assess quality of any previous repairs

✓

4WD engagement — Test all 4WD modes: 2H, 4H, 4L — must engage without grinding or hesitation

✓

Compression test — Cold compression on all cylinders — consistent readings above 130 psi expected

✓

Cooling system — Check temperature at operating temp, inspect for leaks, verify thermostat function

✓

Axle knuckle seals — Inspect front knuckle seals for leaks; check gear oil level and condition in differentials

✓

Transfer case — Inspect for leaks and verify smooth operation through all range positions

✓

Rocker panels / lower doors — Inspect bottom inch of all doors and rocker panel surfaces for rust penetration

✓

Engine oil condition — Check dipstick for milky or frothy oil — indicates coolant intrusion (cracked head)

✓

Body mount bushings — Inspect rubber body-mount bushings for compression and deterioration

✓

Cold start behavior — Should fire quickly, idle cleanly within 30 seconds — rough cold idle suggests carb issue (FJ40/55/60)

✓

Documentation — Request service records, previous title history, and any restoration receipts

Common Issues

Frame rust is the Land Cruiser's primary structural vulnerability and the first thing to assess. The section behind the rear wheels is where salt, mud, and moisture accumulate longest and where failure begins. Cracked cylinder heads are the second most serious issue — caused by overheating, which is usually caused by deferred cooling system service. A compression test will reveal an already-cracked head; a coolant system pressure test will reveal leaks before they cause damage. The 2F carburetor on FJ40 and FJ55 models requires periodic rebuilding and tuning — a properly sorted carb runs cleanly, but a neglected one causes stumbling, poor cold starts, and rich running that washes cylinder walls with fuel. Front axle birfield joints (constant-velocity joints in the steering knuckles) wear and develop play — replacement is a significant job but parts are readily available. Rear main seals on the 2F and 3F engines commonly develop slow leaks after high mileage. Interior rust on floor pans is almost universal on trucks stored in wet climates; assess severity carefully.

What to Look For

Frame inspection is non-negotiable — bring a long screwdriver and probe the full frame, especially behind the rear wheels and along the crossmembers. Soft metal or holes mean structural repair before the truck is safe to drive off-road. Check floor pans with carpet pulled back; assess the quality of any previous repair work carefully. Inspect the front axle knuckle seals for leaks — a weeping knuckle is normal and manageable, but a truck with both knuckles dried out has been running low on gear oil. Pull the differential fill plugs if possible and check gear oil level and condition — milky fluid means water intrusion, usually from a failed axle seal. Verify 4WD engagement: high range, low range, and 4x4 lock should all engage without grinding or hesitation. Check the transfer case for leaks. On FJ60/62 models, check for oil leaks at the valve cover and timing chain cover — common as gaskets age. Inspect body-mount bushings, which compress over time and allow the body to shift on the frame.

Price Guide

FJ40 values have risen sharply since 2018. As of 2025: project/running FJ40 trades at $22,000–$35,000 depending on body condition; restored driver-quality FJ40 runs $45,000–$70,000; show-quality concours FJ40 reaches $90,000–$130,000 for well-documented early examples. FJ55 station wagons lag behind by roughly 40%: projects at $12,000–$20,000, restored examples at $28,000–$45,000. FJ62 is the value play: clean drivers at $18,000–$28,000, fully sorted at $35,000–$50,000. Avoid paying FJ40 prices for a truck with a compromised frame — frame restoration alone costs $8,000–$15,000 at a quality shop and is never fully invisible. Rust-free California or Arizona examples command meaningful premiums and are generally worth it.

Did You Know?

The FJ40 Land Cruiser was used by the Australian Army, the New Zealand Army, and dozens of national police forces across Africa and Asia. Toyota's own reliability data from fleet operators in developing countries showed FJ40s routinely reaching 300,000 miles on original drivetrains with basic maintenance. Grateful Dead guitarist Jerry Garcia owned and used multiple FJ40s. The Land Cruiser nameplate is Toyota's longest-running model, introduced in 1951 and still in production today. Hagerty has listed the FJ40 on its annual Bull Market appreciating-collectibles list for four consecutive years.

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Elite Dealer

$62,995

1978 Toyota Land Cruiser

New York, New York

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Original Factory Colors

Official paint codes for the Toyota Land Cruiser (1978).

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Model History