This looks solid.

“1950 Willys Jeepster VJ.
-Has a 283 Chev power glide trans.
-power front brakes.
Runs and drives, very restorable and rare.
Top faded windows from the sun but whole unit can be replaced for less then $400.00 All parts are readily available from sources like: The Jeepsterman Inc., Kaiser Willy’s and Walck’s.
The body and frame are solid.
Restored can fetch up to $35,000. Made for 3 yrs.-1948 to 1951.
-Original engines are easy to find but very underpowered.
-Mechanics Manual included.
SELLING for $6500. OBO
772.464.9090 anytime.”

http://tampa.craigslist.org/pnl/cto/2854274862.html

It’s really nice, but the price is pretty high.

“1948 “JEEPSTER” California Roadster “Fully Restored” now in Sunny Florida! 5.7L 327/350 V8 Turbo 350 Automatic 3:70-1 Posi Nova Sub-Frame “Stunning” Pearl Yellow with Red Tint, Custom Red Leather Interior, Hartz Canvas Top with Boot & Seat Belts, Chrome Wire Wheels, All Instrument Gauges, Tilt Steering Column, Power Steering with Modern Front End & Steering Rack, Lacara Wheel, 4-Season A/C, Pioneer Stereo w/CD, “Good Guys Inspected”! Custom Smoothie Bumpers & Tail Lights. Dual S/S Exhaust, Super Nice & Dependable.. Runs & Drives Great! $39,988. 941-923-6430 http://www.humptydumptysclassiccars.com Sarasota, FL”

http://www.autotraderclassics.com/classic-car/1948-Jeep_Willys-Jeepster-520228.xhtml?conversationId=32728

UPDATE: **SOLD** Was $5250

“1950 Willys Overland Jeepster for Sale, but it is registered as a 1948.
Here is a list of all that it comes with.
350 V8 engine…Chevy-small block
Chevy drive train automatic transmission
newer tires
newer paint-gloss black and metallic red- some scratches
new gauges and sending units
Mustang II suspension – no rust
new kick plates for doors
templates for upholstery
original frame mechanism for convertable top – needs to be restored
new fabric convertable top – black
some of the original heater/vent components
wooden trim for convertable top – needs to be restored
parade steps
jeepster emplems for sides of hood
new in box Hurst Promatic 2 Shifter – automatic
power steering
power brakes
electronic advance distibutor
new fuel pump
new glasss put in windshield and side wing windows
new rubber for glass – professionally installed
eltric fan on radiator – electronic thermostat
driveable as is
new door handles
parking brake was redone
turn signals work
Jeep steering column
original rear view mirror
custom willy shifting knob

Needs:
restoration
upholstery
new seats
front pan needs work
pre-1963 no seat belts required…etc.”