Lots of custom work for this nice fiberglass crawler.  I doubt there is much ’48 left.  The body appears to be a Bobcat.

“All fiberglass flattie tub,hood,fenders,grill, steel Cj3a windshield. 38.5 Tsl sx dana 44 front, dana 60 rear dana 20 t case t18 tranny spooled f/r 4:10 gears 4wheel discs. Ford 302 with holley truck avenger carb power steering with high steer. Full cage tied to the narrowed scrambler frame, rci fuel cell and harnesses. Shitty plastic seats and non tilt column. Weighs 3,200 lbs. $4500 make offer Matt 541-297-7002”

http://oregoncoast.craigslist.org/cto/3078640007.html