SOLD on Jun 15, 2026

Elite Dealer

1987 Jeep Grand Wagoneer

Michigan

$21,495

Vehicle Details

Make

Jeep

Model

Grand Wagoneer

Year

1987

Mileage

228,876 miles

Body Type

SUV

Transmission

Automatic

Drivetrain

4WD

Fuel Type

Gasoline

Engine

5.9L V8 OHV

Description

1987 Jeep Grand Wagoneer SE – 4WD – Service Records – Carfax This 1987 Jeep Grand Wagoneer SE is a classic full-size SUV with legendary capability and timeless style. Showing 228,876 miles, it’s a 2nd-owner vehicle with a Carfax available and over 10 years of service records, reflecting consistent care and maintenance. Power comes from the well-known 5.9L V8 OHV engine, paired with a 3-speed automatic transmission and Selec-Trac 4WD system, offering 2WD and 4WD modes with high and low range for versatile driving on-road or off.

A well-serviced, documented Grand Wagoneer that delivers classic Jeep character, strong V8 power, and proven four-wheel-drive capability—ideal for enthusiasts who appreciate these iconic SUVs.

Jeep Grand Wagoneer Buyer's Guide

Full guide

Robert Halloran

Classic Trucks

1963–1991

~3 min read

Updated Apr 2026

The Jeep Grand Wagoneer invented the luxury SUV category 30 years before anyone thought to call it that — a full-size 4WD station wagon with wood paneling and a leather interior that set the template every luxury SUV has followed ever since.

This guide covers

✓ 8-point inspection checklist

✓ Common issues & what to avoid

✓ In-person inspection guide

✓ Market pricing by year & condition

✓ 4 FAQs answered

✓ History & fun facts

Read the Full Grand Wagoneer Buyer's Guide

Jeep Grand Wagoneer Market Overview

Based on 15 Jeep Grand Wagoneer listings currently on ClassicCarsArena.com

Listed Now

$27,079

Avg. Asking Price

1965–1993

Year Range

Price Position on Our Site — Average Range

This car: $21,495

Low: $4,495 High: $55,995

Transmission Distribution

Automatic 80% ◄

Manual 7%

Condition Distribution

Excellent 7%

Good 13%

Data from ClassicCarsArena.com listings Browse all 15 listings →

Jeep Grand Wagoneer Buyer's Guide

Robert Halloran here. I want to be direct: the Jeep Grand Wagoneer is the most important SUV in history. Not the Range Rover (which came later), not the Ford Bronco (which was smaller), and certainly not the Toyota Land Cruiser (which was stripped by comparison). The Wagoneer proved in 1963 that a 4WD vehicle could have air conditioning, power windows, leather seats, and wood paneling — and buyers would pay for the combination. Every Range Rover, every Cadillac Escalade, and every Lincoln Navigator owes its existence to the Wagoneer concept.

The Grand Wagoneer name was applied in 1984 to distinguish the original full-size wagon from the smaller Cherokee-based Wagoneer. But collectors use "Grand Wagoneer" to cover the entire 1963–1991 production run of the original full-size body. This guide covers that complete run.

What to Check Before Buying

✓

Wood Panel Condition — Inspect wood panels for vinyl delamination and probe the steel substrate edges for rust.

✓

Frame Rust — Inspect the full frame length for rust and cracks at body mount points.

✓

4WD System — Test Quadra-Trac or Selec-Trac engagement — both high and low ranges should function smoothly.

✓

AMC 360 Oil Leaks — Check for rear main seal and head gasket leaks — inspect the bellhousing area and under the exhaust manifolds.

✓

Power Accessories — Test all power windows and door locks — actuator failures are common on older examples.

✓

Carburetor Condition — Cold start and warm idle should be smooth — Carter or Motorcraft carbs need rebuilding on unrestored trucks.

✓

AC System — Note whether AC uses original R-12 (requires conversion) or has been converted to R-134a.

✓

Body-on-Frame Mounts — Check body mount rubber bushings — deteriorated mounts cause body flex and squeaks.

Common Issues

Wood panel vinyl delamination and underlying steel rust — the most common visible deterioration. Frame rust from road salt exposure on northern trucks. Quadra-Trac 4WD system seal leaks and engagement issues. AMC 360 rear main seal leaks. Power window and door lock actuator failures. Carburetor deterioration on high-mileage unrestored examples. Air conditioning system R-12 freon conversion requirement.

What to Look For

The wood panel condition is the most visible indicator of care — delaminating vinyl is a warning sign about overall maintenance quality. Inspect the steel substrate under the wood panels for rust, particularly at the lower edges. Check the frame rails for rust and any cracking at the body mount points. Verify the Quadra-Trac or Selec-Trac 4WD system engages smoothly. On the AMC 360 V8, check for oil leaks from the rear main seal and head gaskets. Test all power accessories — window regulators and locks on these trucks are failure-prone with age.

Price Guide

1963–1978 Wagoneer: $8,000–$25,000 for drivers, $30,000–$55,000 for restored examples. 1979–1983 Wagoneer: $12,000–$30,000 for good drivers. 1984–1991 Grand Wagoneer: $18,000–$45,000 for well-maintained drivers, $50,000–$90,000 for show-quality restorations. The market has appreciated 40–60% over the past five years and continues to rise.

Did You Know?

The Jeep Wagoneer was the first 4WD production vehicle with an independent front suspension (1963) — a feature that competing 4WD trucks didn't offer for years. The 1973 Quadra-Trac full-time 4WD was derived from the Oldsmobile Toronado's front-wheel-drive transfer case technology — an unusual piece of cross-platform engineering. The Grand Wagoneer was in continuous production for 29 years (1963–1991) with essentially the same body — the longest production run of any American SUV body style.

Elite Dealer

$21,495