$54,000 for a 25-Year-Old SUV?

1991 Jeep Grand Wagoneer

There’s a serious run-up on prices of old Grand Wagoneers.

Here’s an insider tip: If you want to make some serious cash, buy an ’89-’91 Jeep Grand Wagoneer down south or out west, and then sell it in the upscale neighborhoods surrounding New York or Boston.

For some reason those ancient wood-sided Jeeps are huge with the well-off yuppie crowd on the East Coast, and they are paying a mint for Grand Wagoneers in decent shape. Just take a look at what “professionally renewed” Wagoneers are listed at.

Yeah. $54,000. Take a stroll through the CarGurus listings and see if you can find a better deal.

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