1987 Jeep Wagoneer Limited For Sale: Your Guide to Acquiring an Automotive Icon

1987 Jeep Wagoneer Limited For Sale: Your Guide to Acquiring an Automotive Icon jeeps.truckstrend.com

In the annals of automotive history, few vehicles command the same blend of rugged capability, surprising luxury, and enduring charm as the Jeep Wagoneer. Among its most celebrated iterations, the 1987 Jeep Wagoneer Limited stands as a pinnacle of its era – a true "King of the Road" that pioneered the luxury SUV segment long before it became commonplace. For anyone seeking to own a piece of American automotive heritage, a 1987 Jeep Wagoneer Limited For Sale represents not just a vehicle, but an investment in a lifestyle, a statement of classic taste, and a gateway to a vibrant enthusiast community. This comprehensive guide will delve into everything you need to know when considering one of these iconic machines.

The Enduring Appeal of the Grand Wagoneer Legacy

1987 Jeep Wagoneer Limited For Sale: Your Guide to Acquiring an Automotive Icon

The Jeep Wagoneer, first introduced in 1963, revolutionized the utility vehicle market by combining the practicality of a four-wheel-drive with the comfort and amenities of a passenger car. By 1984, the full-size SJ platform Wagoneer was rebranded as the "Grand Wagoneer" to distinguish it from the smaller, XJ-based Wagoneer. The 1987 model year, specifically the Grand Wagoneer Limited (often simply referred to as the "Wagoneer Limited" by enthusiasts), represents a late-model example of this long-running design, benefiting from years of refinement while still retaining its quintessential character.

What makes the 1987 Grand Wagoneer Limited so appealing? It’s a confluence of factors: its unmistakable exterior adorned with genuine woodgrain paneling, its remarkably spacious and comfortable interior, its robust AMC 360 V8 engine, and its legendary Selec-Trac full-time four-wheel-drive system. It offered an unparalleled blend of off-road prowess and on-road civility, making it the preferred vehicle for discerning suburban families and country estate owners alike. Today, its classic lines and anachronistic charm resonate deeply with collectors and enthusiasts who appreciate its unique position as the progenitor of the modern luxury SUV.

Key Features and Specifications of the 1987 Grand Wagoneer Limited

Understanding the core components of the 1987 Grand Wagoneer Limited is crucial for any prospective buyer. This model was built on a robust body-on-frame chassis, designed for durability and capability.

• Engine: At its heart lies the venerable AMC 360 cubic inch (5.9L) V8 engine. In 1987, this engine was carbureted (later models moved to fuel injection) and produced approximately 140 horsepower and 280 lb-ft of torque. While not a powerhouse by modern standards, it delivers ample low-end torque for confident cruising and towing, known for its longevity if properly maintained.
• Transmission: Power is routed through a reliable Chrysler TorqueFlite 727 3-speed automatic transmission, renowned for its robustness and smooth operation.
• Drivetrain: The 1987 model featured the Selec-Trac NP229 transfer case, offering full-time 4WD capability, allowing the vehicle to be driven on paved surfaces in 4WD without driveline binding. It also had a part-time 4WD option and low range for serious off-road conditions. Solid Dana 44 axles front and rear completed the rugged driveline.



• Exterior: The signature feature is the simulated woodgrain paneling (made of Di-Noc vinyl) adorning the sides and tailgate, framed by chrome trim. Other exterior highlights include a chrome grille, roof rack, and optional fog lights.
• Interior: The "Limited" trim level denoted the highest level of luxury. The interior typically featured leather or velour upholstery (often in Tan or Maroon), power-adjustable front seats, power windows, power locks, air conditioning, a tilt steering wheel, cruise control, and a full complement of gauges. The flat dash design and unique switchgear contribute to its vintage appeal.
• Dimensions: With a wheelbase of 108.7 inches and an overall length of 186.4 inches, the Grand Wagoneer has a significant road presence, weighing in at around 4,500 pounds.

What to Look For When Buying a 1987 Wagoneer Limited: Important Considerations

Acquiring a vintage vehicle like the 1987 Grand Wagoneer Limited requires a keen eye and a thorough inspection. These vehicles are over 35 years old, and age-related wear and tear are inevitable.

• Rust: This is arguably the biggest enemy of the Grand Wagoneer. Common rust areas include:
  • Lower body panels, rocker panels, and wheel arches.

  

  • The lower tailgate, especially around the window and hinges.
  • Floorboards and cargo area under the carpet.
  • Frame rails (though generally robust, inspect for severe pitting or cracks).
  • Around the windshield and rear window seals.
• Engine Condition: Check for oil leaks (common but often manageable), excessive smoke from the exhaust (blue for oil, white for coolant), and proper cold starting. Listen for unusual noises (knocks, taps). Inspect the cooling system for leaks or signs of overheating. A well-maintained 360 V8 should start easily and run smoothly.
• Transmission & Drivetrain: Test the transmission for smooth shifts, both up and down. Ensure the Selec-Trac system engages correctly in all modes (2WD, 4WD Full-Time, 4WD Part-Time, 4WD Low). Listen for clunks or grinding from the transfer case or axles.
• Electrical System: The power windows are notorious for slow operation or failure due to worn motors and regulators. Test all power accessories, including seats, locks, mirrors, radio, and all lights and gauges. Check the functionality of the HVAC system (blower motor, AC compressor).
• Interior Condition: Evaluate the condition of the seats for rips, tears, or excessive wear. Headliner sag is very common and often needs replacement. Inspect the wood trim on the dash and door panels for fading or cracking.
• Suspension & Steering: Check for excessive play in the steering wheel, which could indicate worn steering box, tie rods, or ball joints. Listen for squeaks or clunks from the suspension, which may point to worn bushings or shocks.
• Woodgrain Paneling: While the vinyl woodgrain is durable, it can fade, crack, or peel over time. Replacements are available but can be costly and labor-intensive to install properly. The condition of the woodgrain significantly impacts the vehicle’s aesthetic appeal and value.
• Documentation: A history of maintenance records is invaluable. It indicates how well the vehicle has been cared for and can provide insights into past issues.
• Pre-Purchase Inspection (PPI): Always, always, always get a pre-purchase inspection from a mechanic familiar with vintage American vehicles, ideally one specializing in Jeeps or classic SUVs. This minimal investment can save you thousands down the road.

Restoration Levels and What They Mean for Price

The price of a 1987 Grand Wagoneer Limited varies wildly depending on its condition and the extent of any restoration work. Understanding these categories will help set realistic expectations.

• Project Car: These are typically non-running or barely running vehicles with significant rust, major mechanical issues, and a severely degraded interior. They require a full, often frame-off, restoration.
• Driver Quality: A functional vehicle that runs and drives reliably, has decent cosmetics, but shows signs of age and wear. It’s presentable but not perfect, suitable for immediate enjoyment with ongoing improvements.
• Good Survivor: A well-maintained original vehicle with minimal rust, solid mechanicals, and a largely intact, presentable interior. It retains its originality and charm without needing major work.
• Nicely Restored: These vehicles have undergone significant restoration work, including fresh paint, new interior components, and rebuilt mechanicals. They are in excellent cosmetic and mechanical condition.
• Show Quality/Concours: The absolute best examples, often the result of a meticulous, professional frame-off restoration. These vehicles are virtually flawless, showroom-new condition, and command the highest prices.

Owning and Maintaining a Classic Wagoneer: Tips for Prospective Buyers

Bringing a 1987 Grand Wagoneer Limited into your life is a rewarding experience, but it comes with specific considerations.

• Parts Availability: Generally, mechanical parts for the AMC 360 engine and Chrysler 727 transmission are readily available due to their widespread use. Body panels, specific trim pieces, and interior components can be harder to source, but a robust aftermarket and reproduction parts market exists.
• Finding a Mechanic: Not every modern repair shop is equipped or willing to work on carbureted V8s or older electrical systems. Seek out classic car specialists, independent shops with experienced technicians, or those familiar with vintage Jeeps.
• Fuel Economy: Be realistic. The 360 V8 is a thirsty engine. Expect single-digit miles per gallon (typically 10-12 MPG) in mixed driving.
• Community Support: The Grand Wagoneer community is incredibly active and supportive. Join online forums, Facebook groups, and owner clubs (like the Grand Wagoneer Owners Group). These resources are invaluable for advice, parts sourcing, and troubleshooting.
• Insurance: Consider classic car insurance, which often offers better coverage and lower premiums for vehicles that aren’t daily drivers.
• Embrace the Quirkiness: These vehicles have their quirks – slow power windows, a distinct driving feel, and the need for regular maintenance. Embrace them as part of the classic car experience.

The Investment Potential

The value of well-preserved or expertly restored Grand Wagoneers, especially the late-model Limited editions, has been steadily appreciating over the past decade. Their iconic status, limited production, and growing appeal to collectors looking for a unique blend of vintage utility and luxury make them a solid classic car investment. Factors that significantly impact value include: overall condition, originality, mileage, color combination, and documented service history. While not every example will skyrocket in value, a well-chosen and cared-for 1987 Grand Wagoneer Limited is likely to hold or increase its value over time.

1987 Jeep Wagoneer Limited For Sale: Estimated Price Guide

The following table provides a general pricing guide for a 1987 Jeep Wagoneer Limited (Grand Wagoneer Limited) based on typical market conditions. Prices can fluctuate significantly based on region, specific features, and seller motivation.

Condition Category	Description	Estimated Price Range (USD)	Key Considerations for Buyers
Project Car	Definition: Non-running or barely running. Significant rust (body, frame). Major mechanical issues (engine rebuild, transmission overhaul needed). Interior severely damaged or missing. Extensive electrical problems. Not roadworthy.	$5,000 – $15,000	Budget: Requires substantial additional investment ($20,000 – $60,000+) for parts and labor. Skills: Ideal for experienced DIY restorers or those with deep pockets for professional restoration. Time: Expect a multi-year project.
Driver Quality	Definition: Runs and drives reliably. Roadworthy with current registration/inspection. Some visible rust (surface, minor bubbling). Paint fading or minor clear coat issues. Interior presentable but shows wear (worn seats, headliner sag). Minor electrical quirks. Some deferred maintenance likely.	$15,000 – $30,000	Enjoyment: Can be driven and enjoyed immediately. Ongoing Work: Budget for continuous small repairs and improvements. Value: Good entry point for ownership; value will increase with improvements.
Good Survivor	Definition: Well-maintained original condition. Minimal to no significant rust. Original paint may show minor imperfections but is still glossy. All mechanical systems in good working order. Interior largely intact with minor age-related wear. All major features (AC, power windows) functional. Documented history.	$30,000 – $50,000	Originality: Appeals to purists who value originality over full restoration. Maintenance: Requires regular, proactive maintenance to preserve condition. Investment: Likely to hold or appreciate in value due to originality and condition.
Nicely Restored	Definition: Subjected to significant, high-quality restoration work. Fresh, professional paint job. New or re-upholstered interior (seats, headliner, carpets). Mechanicals (engine, transmission, suspension) rebuilt or extensively serviced. All systems functional. Minor imperfections may exist upon close inspection.	$50,000 – $75,000	Turn-Key: Ready to drive and show with minimal immediate concerns. Cost-Effective: Often a better value than buying a project and paying for full restoration. Pride of Ownership: High visual appeal and reliable performance.
Show Quality	Definition: Frame-off, meticulous, professional restoration to concours standards. Flawless paint, body, and chrome. Brand new, period-correct interior. Engine bay detailed to perfection. Every mechanical component rebuilt or replaced. Looks and performs as new, or better. Often trailered to shows.	$75,000 – $120,000+	Top-Tier: For serious collectors or those wanting the absolute best. Investment: Highest potential for appreciation, but also highest initial outlay. Usage: Often reserved for weekend drives and shows, not typically a daily driver.

Frequently Asked Questions (FAQ) About the 1987 Jeep Wagoneer Limited

Q: Is the 1987 Wagoneer Limited (Grand Wagoneer) reliable?
A: With proper maintenance, yes. The AMC 360 V8 and Chrysler 727 transmission are known for their robustness. However, like any 35+ year old vehicle, components will wear out. Electrical issues (especially power windows) and rust are common challenges that require attention.

Q: What is the fuel economy like?
A: Be prepared for single-digit fuel economy, typically between 10-12 miles per gallon (MPG). This is a large, heavy vehicle with a carbureted V8.

Q: Are parts hard to find for the 1987 Grand Wagoneer?
A: Mechanical parts for the engine and drivetrain are generally available. However, specific interior trim pieces, exterior chrome, and woodgrain paneling can be challenging to find new, often requiring sourcing from specialty vendors or used parts.

Q: What’s the biggest issue to watch out for when buying one?
A: Rust. Thoroughly inspect the frame, rocker panels, floorboards, and tailgate for any signs of significant corrosion. Electrical issues, particularly with power windows, are also very common.

Q: Can I use a 1987 Grand Wagoneer as a daily driver?
A: While some owners do, it’s generally not recommended for primary daily driver duties due to fuel economy, maintenance needs, and the desire to preserve its condition. It excels as a weekend cruiser, second vehicle, or collector’s item.

Q: What’s the difference between a "Wagoneer" and a "Grand Wagoneer" from 1987?
A: By 1987, the "Wagoneer" name was also applied to a smaller, XJ Cherokee-based SUV. The full-size SJ platform vehicle, which is the iconic wood-paneled SUV discussed here, was exclusively known as the "Grand Wagoneer Limited." When people refer to the "1987 Wagoneer Limited" in the classic sense, they almost always mean the Grand Wagoneer Limited.

Conclusion

The allure of a 1987 Jeep Wagoneer Limited For Sale is undeniable. It’s more than just a vehicle; it’s a statement, a piece of Americana, and a connection to an era when SUVs were still rugged, unique, and infused with character. While owning one requires a realistic understanding of vintage vehicle maintenance and potential restoration costs, the rewards are immense. From the admiring glances it draws to the comfortable, commanding driving experience, a well-chosen Grand Wagoneer offers a unique blend of nostalgia, capability, and timeless style. It’s an investment that pays dividends in enjoyment, community, and the sheer pleasure of driving an automotive legend.