The Toyota Land Cruiser has long held a steady presence on the overlanding and vintage SUV scene, and for good reason: they are capable off-road and rock-solid dependable, for the most part. The early ones are prone to rust, so finding one that hasn’t been attacked by road salt and years’ worth of neglect is key, so examples like this 1980 FJ55-series truck here on eBay are worth far more than the current bid price of $12,200.

Not surprisingly, the reserve remains unmet. These FJ55s were white-hot a few years ago, with restored examples selling for big money at auction. Those days have seemingly come and gone, as I don’t see many selling deep into the high five-figure range; in fact, it seems like many of the examples we’ve seen as of late have struggled to crack numbers that raise much of an eyebrow. Every month, Hagerty Insurance releases a report about which vehicles you should buy and which ones you should sell; I wonder where they’d peg the FJ55 at the moment.

There’s a changing of the guard happening in the collector car marketplace, in my opinion, whereby the generational shift is seeing some enthusiasts who grew up with lower-powered vehicles aging out of the hobby. You’re left with the next generation that has different standards for horsepower and features, so a bare-bones Toyota truck that will struggle to break 60 in 15 seconds is not as appealing as it once was. Of course, if your grandfather owned a Model T, your perception is much different.

I own a ’97 Lexus LX450, which is basically the same thing as a Land Cruiser 80-Series with a different badge. Sadly, it’s been down and out due to a headgasket issue, and sort of changed my opinion of how bulletproof Japanese trucks are. However, it also has over 250,000 miles, so I can’t fault it too much for developing issues over time. This FJ55 has just under 75,000 miles indicated, and truth be told, it looks clean enough for that to be accurate. I suspect the current bid is pretty far off from where the seller wants to be, but who knows what the last few hours of the auction will hold.