UPDATE: Price dropped to $11,500.

http://nashville.craigslist.org/cto/4386188217.html

“FOR SALE:
1954 Willys Jeep CJ-3
The Jeep has been the beneficiary of a 95% restore. Also, this is a current and professional restoration.
The original 2.2L 4-cylinder and the original 3-speed manual transmission were rebuilt so that the Jeep could be a provider of worry-free enjoyment.
The body/tub was professionally repainted a red/orange hue. The roll bar was refinished in a deep black hue.
The Jeep has new 15-inch wheels and tires. The tires measure 31/10.50/15.
The majority of the undercarriage, including the frame and the suspension components, was either replaced, restored, or refinished. Please view the pictures to gain an understanding for the condition of the underside of this Jeep.
The four-wheel drive is fully functional and the four-wheel drive is activated by way of the manual lockers.

The front seats feature seat belts but the rear seat does not. Seat belts could be installed for the rear seat with little effort.
All of the gauges, lights, and accessories function as designed.
The Jeep is shown with the bikini top installed but it also comes with a full “soft” top that features “soft” side windows and a “soft” rear window. Both tops are new.
A trailer hitch attachment has been added to the Jeep but the Jeep has never pulled anything. The new owner can easily remove the hitch attachment.
The restore of this Jeep was fully documented with a good amount of pictures and the documentation will accompany the Jeep. The Jeep was in good shape to begin with and exhibited minimal cosmetic and mechanical issues.
The Jeep runs and drives great and, as you can see, the restore was a great success. The paint looks great along with the interior and the underside. As you can also see, the Jeep exhibits little to no rust throughout. Since the restore the Jeep has always been stored inside and only driven in good weather. The Jeep has not been subject to any irreversible modifications. The Jeep has logged less than 4000 miles since the restore and these miles are displayed on the speedometer.

I have invested over $25,000 in this Jeep and that is apparent!

I am sure that I have omitted a detail that you are interested in knowing. If that is the case, feel free to contact me by phone at (2+7+0) 7+4+8+1+8+8+2.”