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1998 Toyota Land Cruiser
Invoice: $39,518 - $39,518
Miles Per Gallon
City: 14 MPG
Highway: 16 MPG
Body Style: N/A
Engines: 4.7L V-8 230 HP
Toyota's Land Cruiser has always been exceptionally solid and more competent off-road than most, but it has been left behind in the sudden popularity of full-size sport-utility vehicles--literally and figuratively. Why is this? Well, Land Cruisers don't come cheap. You pay a premium price for standard full-time four-wheel drive, locking differentials, plentiful ground clearance, and meticulous construction. But another key disparity between the Land Cruiser and domestic full-size entries like the Chevy Tahoe, GMC Yukon, and Ford Expedition has been power. The Cruiser's old 4.5-liter inline 6-cylinder engine was robust, but it lacked the grunt of the V8s offered by Ford and General Motors. The premium price remains, but the power disparity has pretty much disappeared. Extensively redesigned for 1998, the Land Cruiser and its Lexus LX 470 fraternal twin are propelled by a new 4.7-liter V8 engine. That upgrade, plus extensive chassis revisions, make the Land Cruiser a much more useful all-around driver, and an even stronger performer in tough terrain.
Purchasing an older vehicle, such as the 1998 Toyota Land Cruiser, makes good financial sense. You're able to avoid the steep depreciation rates that occur with brand new vehicles. This essentially gives you the advantage of getting a 1998 Toyota Land Cruiser for less money than when it was new. If the 1998 Toyota Land Cruiser was properly maintained, you also have a good chance of steering clear of problems that would have developed when the car was new.
The amount you pay for an older car depends on various factors. One important element is where you buy the vehicle. You're likely to get a better deal if you buy it from a private party, as opposed to a dealer. On the other hand, a reputable dealer will normally have some kind of limited warranty, so you can drive away knowing that if the car breaks down right away, you'll be covered. Another factor that may affect price on a 1998 Toyota Land Cruiser is whether it's "certified" by the manufacturer. A certified vehicle will cost more because warranty service is provided that normally doesn't come with a used car.
Another dynamic that will play into the purchase price is the resale value. A used vehicle with a high resale value will obviously cost you more. It is expected that the 1998 Toyota Land Cruiser will have a very good resale value. This assumes that the 1998 Toyota Land Cruiser is in good condition and has a reasonable number of miles.
Find a used 1998 Toyota Land Cruiser for sale at CarsDirect.
