LSVW for sale - Crown Assets

[chris vickery]

Nuts.
I suspect if this is the beginning, it will be like the Iltii surplused out. Various lots, some good, some bad. At first the hungries will jump on them and drive the prices high, just like the Iltis. Then it will bottom out.
If I recall correctly, some of the first Iltis were anywhere from 3-5K. When I bought mine I paid $1500 each for decent runners. In the end it was all residue and still commanded the same prices as runners.
The sweet spot in right after the mad rush and just before the panic last minute buyers once the supply runs out.
Any ideas on supply chain for these beasts?
Lots of Iltii were incomplete to start with at auction and we know how the parts sourcing for these went.
On another note, I understand the the US Govt is releasing mas quantities of HMMVW, maybe that market will bottom and provide decent entry level pricing....

[rob love]

The Humvees went from an itial average of around 30K+ to now selling for around 10K or less on average. They still have at least 3,000 to go on this initial contract with the seller.

$8,500 for an LSVW? Someone is paying extra to be the first guy on the block with one.

[B. Harris]

Great thread, good reading! Keep up the info your folks!

Harris

[chris vickery]

Consider at $8500 for a LSVW how close you are dollar wise to actually buying a nice historic project veh that may have some wartime history and real re-sale value afterwards. Remember guys, these LSVW trucks are not fully restored vehicles neither. Ya they are kinda neat but buyer beware and don't overspend.
I suspect the real value on these at auction 3-5k

[rob love]

Originally Posted by chris vickery

Consider at $8500 for a LSVW how close you are dollar wise to actually buying a nice historic project veh that may have some wartime history and real re-sale value afterwards. Remember guys, these LSVW trucks are not fully restored vehicles neither. Ya they are kinda neat but buyer beware and don't overspend.
I suspect the real value on these at auction 3-5k

I suspect they should be paying folks to take them away. The LSVW has very little redeeming features. Especially anything from East of the Manitoba border, with the incredible rust problems. There is a premium to be paid for the novelty of owning a truck that is still in military service. As a truck however, they are 23 years old, and replacement parts (and you will need replacement parts) range from hard to find to non-existant.

Example: why, on a cross country military vehicle, would you put the air cleaner intake on the bottom of the engine compartment? Would there not be the possibility of ingesting water if you drove too deep through streams or during flood duties?

As a mechanic, I always hated any vehicle that makes you take the engine out in order to simply replace the starter. And why, after 20 years of service, did they not come up with an oil pressure sending unit that does not fail every couple of months. They rupture internally then leak out the bleed hole.

[Scott Bentley]

Originally Posted by rob love

As a truck however, they are 23 years old, and replacement parts (and you will need replacement parts) range from hard to find to non-existant.

That's my thought as well. Iveco isn't exactly a household name in Canada.

[maple_leaf_eh]

Since we have established that there is no love for this vehicle, how about compiling a list of its obvious faults. Go ahead fellas!

- air cleaner intake on the bottom of the engine compartment, and risks ingesting water if you drove too deep through streams or flood waters.

- to remove the starter, you take the engine out.

- oil pressure sending unit that does not fail every couple of months. They rupture internally then leak out the bleed hole.

- fuel intake in fuel tank is so high the bottom 1/4 tank of fuel can't be used.