Been having a go at this from the worksheet that I kept.
I have thought about all of the things that you would have to do, given what we all know about 80's. I have spent many many hours on mine, doing things that may not be necessary on the basic vehicle that you may get. I think that all I can do is come up with an estimate. Not what I have spent. I had to swap the transmission or example. You couldn't reasonably expect to have to do this. So let's assume that you have a generally decent truck with 100k on the clock, a 94 vintage perhaps with no extras. I'm not sure that I agree with Rob that you can expect to get the bargains that he did but the equipment list is a pretty good one. Can we agree that £4500 might be an anticipated purchase price in current market conditions?
The areas that would need work would be:
Engine
Brakes
Cooling
Axles
Suspension
Transmission
Body
Fuel
Ancillary
Some of this will be replacing service items and some would be preventative changes such as BEBs
This isn't a thread about how to do this, it's just a discussion, so I'm not getting into tiny detail. I can see as a minimum on these areas that using a combination of used, OEM and pattern parts, I have spent at least £1500. That's oils, seals, wiper blades, bearings, springs etc etc I have spent more than that but only because I have had parts that have had to be replaced that I don't consider would be usual. Such as wiper motors. So you can add all that on as a contingency. Window seals, motors, ABS sensors etc.
In terms of hours, which is difficult, I have gone through the jobs and figure that even in a lovely heated garage with a sink and a kettle, there's 100 hours in it. That doesn't even take into account the trips to the motor factor, the local tip, off licence and the butty shack. I have spent way more than this, stripping axles more than once to do other jobs, but if you put this in the air, with all the parts to hand, knowing exactly what you'd replace, then you waste less time. Now you decide what you want to put as an hourly rate. But I think that £25 /hr would be as cheap as you'd hope to pay.
So where are we so far? Not including extras like racks and fridges we're at £8500. This is bottom end as I say, if you found someone who'd do the work. Then you need to factor in all the kit in Rob's list that isn't included in the basic replacement and upgrade to the vehicle. Fitting battery systems, winches etc etc is going to add more hours.
You can see where this is going. Add in decent tyres and spares for the trip and phew, we're easily tipping over the 10k mark. I do think that those spending £20k to get one done have spent too much. OK if you can't do it yourself then what choice do you have? But that is a lot. I do think though, to expect to get your money back having driven 45k miles in it over pretty rough terrain, is a little, well cheeky. It's part of the cost of the trip in my view. Not saying people should give them away, but looking at what Eric wanted for the one that Matt was selling which wanted a full strip and rebuild with parts, it was over priced.
There is part of me that says I'd rather build it myself and not have one that someone has already had their adventure in. But in terms of lying in the rain with skinned knuckles...
Tough call isn't it.
Make of that what you will. Of course you could buy one, change the oil, fill the boot with stuff, grab your passport and credit car and head for the ferry. And probably get there and back OK. It's a cruiser. Personally I would be listening to every single noise, rattle, clunk all the way.
Chris