UPDATE: Price dropped to $18,000.

(04/15/2016) Looks like a clean rebuild.

“1946 Willys CJ-2A fully restored. This is a non-military model. Complete ground up/frame off restoration on this vehicle. The only thing that was not fully rebuilt was the engine (it had plenty of compression and was super clean). Differentials, transmission, and transfer case have all new gears, bearings, and seals. New master brake cylinder along with new brakes and brake cylinders at all four wheels. New clutch, pressure plate, and release bearing. Synthetic lube in all gear boxes and silicone brake fluid. Tires are new non directional tires and it has always been garaged since it was completed. Over $15,000 worth of parts were used (not including labor and materials such as welding rods, hardware, etc). System was converted from 6V to 12V and turn signals were added. The rest of the vehicle is original.Two and a half years were spent putting this all together and it looks factory new. Great to take to shows. Gets a lot of attention.
Complete proceeds from the sale of this Willys will be going to our church. Asking $20,000, which is a more than fair price given all that was done to this vehicle.”

http://tampa.craigslist.org/hil/cto/5627634963.html