We see our share of First Generation Broncos at Barn Finds, partly because they remain so desirable. The fascinating thing is that modified examples can command eye-watering prices on par with 100% original vehicles. This 1971 Bronco is a relatively solid old beast offering a range of options. Returning it to a factory fresh state is viable, as is bolting in the healthy V8 the seller includes in the deal. It is listed here on eBay in Essex, Iowa. Bidding currently sits below the reserve at a relatively modest $9,100.

There’s a lot to consider with this Bahama Blue Bronco, meaning potential buyers have decisions to make. Its paint is well beyond its best, and stripping its exterior to bare metal would be the best way to guarantee a high-end build. The fenders have been cut to accommodate the larger wheels and tires, which is a common modification. Replacement steel to reverse the change is available and affordable, and many potential buyers might consider that approach. If they aren’t concerned by the changes, bolting on a set of fender flares would provide a more “finished” appearance. Rust is always a significant concern with First Generation Broncos, and this one is no different. The driver’s door has a mysterious hole that doesn’t look like rust, and the seller uses the word “rusty” when describing the vehicle’s condition. Someone has partially installed new front floors, but they require welding for completion. The underside shots are inconclusive. However, the front inner fenders look surprisingly solid. The winning bidder faces a long shopping list of exterior trim items, although the glass seems okay.

The original owner ordered this Bronco with the 170ci six that provided 100hp and 148 ft/lbs of torque in its prime. They controlled the shifting via a three-speed manual transmission, with the dual-range transfer case helping this classic to come into its own on loose or muddy surfaces. The six isn’t going to set pulses racing, but this one is original. That makes it one of the vital puzzle pieces if the new owner plans a faithful restoration. However, there is an option many may find irresistible. The seller has a healthy 302ci V8 in the workshop, which they include in the sale. Slotting that under the hood would be straightforward and would unlock significant performance improvements. If the winning bidder isn’t concerned about originality, that option is worth considering as part of a custom build. This Bronco runs, drives, and stops, although it is unclear whether it is mechanically roadworthy.

The seller describes this Bronco’s interior as a project, and it appears they aren’t one for understatement. It looks complete, but someone has cut the dash to accommodate an aftermarket stereo. I can see no other modifications, and surprisingly, the shifter remains in its rightful place on the column. A complete retrim will be the only option, but the cost will be driven by the buyer’s goal. Kits for a faithful restoration retail for around $2,000, but a leather kit could be hard to resist as part of a custom build. These generally start at approximately $2,500 but can produce stunning and classy results.

I look at some desirable classics and wonder whether their bubble will ever burst. It can never be ruled out, but it is one aspect of the scene where a crystal ball would prove invaluable. Values for six-cylinder Broncos from 1971 have softened recently, but whether that signals the beginning of the end is impossible to predict confidently. Original and unmolested examples consistently sell for over $60,000, but a tastefully and thoughtfully modified Bronco can top $80,000. This one needs work to achieve that level, but its solid bones and the included V8 make it possible. What would be your plans if you made a play for this classic?