This may be a good project.

“The Willys was started last winter. It needs work and is not currently operable. Buyer must haul. This is a fair price for this vehicle, so please do not waste your time trying to reduce it.”

http://merced.craigslist.org/cto/4669244246.html

UPDATE: **SOLD** Was $7500.

It’s missing the data plates at the very least.

“A Great Vehicle 1952 Jeep Willy $7,500.00

Has Been in Storage for 20 +Years Now Restored 1952 Jeep Willy Great Running order. For Sale my Loss your Gain. I’m Moving out of town.

Pictures documenting restoration along the way. CASH price is $7,500.00, LOCAL PICK UP ONLY!! 
This jeep has a clear title and is in running condition. For questions or to arrange an appointment to see please contact me via email and I will get back to you ASAP. 
Please keep in mind this jeep is sold in Las Vegas for locate pick up only.”

UPDATE: **SOLD** Was $1500.

Runs and drives.

“You are looking at a 1952 M38A1 Willies Army Jeep. This jeep would be a great restoration project for some one looking to complete such a project. It is in actually really great condition, it starts and runs with no issues. The drive train is in fine shape and I have drove it many times on public roads. 4 wheel drive works perfectly and transmission has no issues with popping out of gear. The clutch has just been replaced so it is brand new. It is equipped with the original engine, it does probably need a rebuild as the jeep is a little smokey which tells me she is burning a little oil. However it does not seem to be leaking oil all over the ground. 

Rust is there, I wont lie she is rusty, but it all for the most part is surface rust that can be removed by a good bead blast. There is no heavy deep rot settling into the frame or the body. 

It has been converted to a 12 Volt system however there are still components of the 24 volt system still installed, like the head lights which I am pretty sure were the same ones that were on it the day it left the factory.

It has been repainted on multiple occasions however there are signs of the OD Military paint showing through in various parts under the hood in the engine compartment, body, and drive train. Although the unfortunate side is that all the original data plates have been lost or removed. 

It has a clean title and is registered in the State of AZ, I would not recommend driving it home as the tires are around 22 years old and the brakes need some work. “