Misallocation

1978 Jeep Wagoneer

Sold at Mecum Auctions on May 11, 2025, offered with no reserve.

$12,100Confirmed

The price as reported by the house. Hammer price $11,000, before the buyer's premium. Read from the house's results Oct. 14, 2026.

The car

Year
1978
Make and model
Jeep Wagoneer and Grand Wagoneer
Generation
Wagoneer SJ 1963 to 1991
Version
Wagoneer SJ 1963 to 1991
Gearbox
Automatic
Chassis
J8A15NZ128365
Condition
Good (3)Likely

Condition is our reading of the listing's description on Hagerty's 1 to 4 scale, not an inspection.

Against comparable sales

Below the middle half of 161 comparable sales, 31% under its bottom.

Middle half of sales$14,420 to $32,750
Median$22,000
Sales behind it161Likely

From 161 sales of the Jeep Wagoneer and Grand Wagoneer Wagoneer SJ 1963 to 1991 in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $14,420 and $32,750.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1978 Jeep Wagoneer 4×4Bring a Trailer, Dec. 26, 2025Bring a TrailerDec. 26, 2025$4,500
1978 Jeep WagoneerBring a Trailer, Dec. 21, 2024Bring a TrailerDec. 21, 2024$23,500
1977 Jeep WagoneerBring a Trailer, Aug. 15, 2026Bring a TrailerAug. 15, 2026$30,250
1977 Jeep Grand WagoneerMecum, March 20, 2026MecumMarch 20, 2026$29,000
1977 Jeep Wagoneer 4×4Bring a Trailer, Sept. 30, 2025Bring a TrailerSept. 30, 2025$16,000
1977 Jeep WagoneerBring a Trailer, Jan. 31, 2025Bring a TrailerJan. 31, 2025$22,950
1979 Jeep WagoneerBring a Trailer, July 1, 2026Bring a TrailerJuly 1, 2026$16,000
1976 Jeep Wagoneer 4×4Bring a Trailer, Nov. 14, 2025Bring a TrailerNov. 14, 2025$11,251