So you thought that old beater Toyota Land Cruiser you sold for cheap years ago would never be worth a dang thang. Well, guess what. The market for vintage 4x4s if hot, hot, hot, and only going to get better in the next decade.

If you needed proof, look what we found about to go up for sale at RM Auctions during its Scottsdale, Arizona sale in just a couple of weeks. As reported on autoweek.com, this Land Cruiser has undergone a complete restoration, then a new 135-hp 4,230cc inline-six Toyota crate motor with correct performance specs for the year, in addition to all the factory emissions equipment for that year, was installed.

The old transmission was replaced with a H55F five-speed manual built by Man-A-Fre, with a low range and part-time FWD. An OEM suspension lift kit accommodates factory wheels wrapped with BFGoodrich tires. And a 21-gallon gas tank was put in for longer range. The body got a completely new paint job in Toyota olive green.

The redone rig will be offered at no reserve on Friday, Jan. 17, and a selling price of somewhere between $65,000 and $85,000 is expected, according to RM Auctions. This sweetheart looks like it was done up just right, but not festooned so much that you would be afraid to take it out for a spin. Keep on eye on classics such as this at auctions in the next few years, as we think you’ll see prices steadily climb.