Ford produced 19,784 examples of its 1971 Bronco, and we’ve seen more than a few at Barn Finds. There are two main drivers for this trend, with the First Generation Bronco’s reputation for rust making many prime restoration candidates. The second factor is the growing popularity and value of these classics. It has surpassed even the bravest estimates, meaning they are eagerly sought. This 1971 Bronco is one of the better project candidates because it lacks significant rust problems. It still needs care, but the welder and grinder won’t work overtime on this one. It is listed here on eBay in Hudson, Florida, but the bidding sits below the reserve at $21,200.

There’s a bit to consider with the Bronco. Before we tackle its cosmetic needs, it is worth broaching the thorny subject of rust. It is always a consideration with First Generation examples, with their ability to dissolve like a soluble Aspirin enough to give anything from Fiat or Alfa Romeo a run for their money. The seller indicates there are spots in the bottom of the door and tailgate, but the typically prone areas are structurally sound. If accurate, the buyer won’t need to do much with the floors or front inner fenders. Someone added rear fender flares to cover the larger wheels, but reproduction steel to reverse the change is cheap and easy to find. The original Sky View Blue paint hides below an unflattering shade of Brown, but with it peeling away in many areas, stripping the panels to reinstate the original color would be worthwhile. The trim and bumpers are intact, with no apparent glass issues.

The Bronco features a 302ci V8, a three-speed manual transmission, and a dual-range transfer case. That V8 should produce 205hp and 300 ft/lbs of torque, which is enough to help this classic climb every mountain and “Ford” (sorry!) every stream. It was considered the most desirable combination in 1971 and is the preferred option among present-day buyers. The listing suggests this classic isn’t roadworthy, although the Bronco runs and drives. The seller states the engine feels strong, meaning returning it to active service may not pose many challenges. With the vehicle apparently structurally sound, hitting the road for the warm months before tackling its cosmetic needs as a winter project could be a wise approach.

The Bronco’s interior is a mixed bag, but there are no issues requiring immediate attention. Some painted surfaces wear the same “attractive” Brown that graces the exterior, and stripping it away would be a wise first step on the restoration journey. The front seats look acceptable, although the back seat needs a new cover. The dash pad is cracked, but replacements are cheap and easy to find. The rubber mat is excellent, and apart from a floor-mounted shifter, there are no aftermarket additions. It isn’t loaded with optional extras, but it is nice to see the factory AM radio is intact.

I look at classics like this 1971 Bronco and wonder whether a shift is coming. A few months ago, bidding on this classic would have been frantic thanks to its lack of significant rust issues. With the auction nearing the halfway mark, it has only attracted five bids. There is time for the situation to change dramatically, and it will be fascinating to see if it does. The First Generation Bronco has remained well above the curve with value increases for a significant period, and I’m sure a few people question whether that situation is sustainable. The reality is that every classic purchase represents a roll of the dice because today’s “must-have” could rapidly become tomorrow’s unwanted. I suspect that won’t be the case with the Bronco, and I believe the bidding will intensify as this auction reaches its end. Do you agree?