This seems like a good price to me.

“This jeep was reconditioned in the late ’90. For the past two or three years it has been parked in my barn. As a result of not being run the fuel pump has stopped working. With a $30 rebuild kit and a complete cleaning of the fuel system this jeep will run fine. It has been used primarily as a show vehicle being displayed in various parades and events. It is in excellent condition and would make a fine addition to someones militaria collection. The markins are from the Korean War era and the unit was reconditioned to represent this period.”

http://charleston.craigslist.org/cto/1876831511.html

UPDATE: **SOLD** Was $8000

“1953 M38A1 Army Jeep restored with only 47,000 miles in great condition. New seats & top covered with original type army canvas, very solid from top to frame. This is your chance to own a nice historic vehicle and a great investment. $8,000”

UPDATE: **SOLD** Was $6900.

Al spotted this good looking Jeep.  This looks like a good price on a nicely restored M-38A1.

“1952 JEEP WILLYS M38A1;”

UPDATE:  Price dropped to $4200

(05/23/2010) This M-38A1 looks to be in great shape.

“You can own the best military jeep Willy’s made with the better springs, rear end and improved seals. This jeep is in very good condition and it is very collectable and hard to find! It has the original engine with 24200 miles on it. The engine was rebuilt at 19058 miles. It has a 12-volt system with elec/vacume wipers, army data plates and black-out switches. Recent brake and carburator work, it has a Best Top and bikini top, rollbar and tow bar. I have all the repair receipts since 1989. Call 899-7013 or 592-4899”

http://medford.craigslist.org/cto/1860904161.html