This looks like a fair price.

“FOR SALE AS IS: 1951 Willys M38 Jeep.
INCLUDED:
Willys M38 body tub
CJ3a hood
CJ3a windshield
12 volt conversion (originally 24 volts)
225 cubic inch v-6 (mileage unknown)
4-Speed manual transmission
Power Steering
Power Brakes
Front Disc Brakes
Warn Winch
Warn Locking Hubs
Spring-over axel lift
BesTop TigerTop soft top, and doors
roll bar

NEW PARTS INCLUDE:
Edelbrock carbeurator
new aluminum radiator
Custom radiator mount bracket
10 gallon poyeurothane gas tank
custom seat frames (driver and passenger)
Electric Windshield wipers
cigarette lighter/power socket
New wiring harness
wired for towing behind another vehicle
Near new 35 inch BFGoodwich Mud/Terrain M/T tires
(4+new spare)

Also included if wanted….. All original military data plates, only 2 are currenly mounted on dash.
Reproduction military axe and shovel brackets for mounting on passenger side of tub. Tow Bar
Needs new alternator and battery. Registration good thru December 2010.”

http://chico.craigslist.org/cto/1847144472.html