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Spare Tire Carrier
If you spent thirty seconds looking at the obvious stuff to check under a Jeep. You could burn two hours really fast. Without a test drive, I wouldn´t even consider it.
I usually figure how much in parts, I´m gonna have to stick in it and then figure what my time is worth. Double the parts cost, is a good estimate of what it will require, figure from there.
The last XJ I bought, I was looking almost six months, got antsy and bought one, I probably should have passed on it(guy liked to fix it himself and wasn´t very good at it).
Things to keep in mind, at about 60,000 or so, there is a large service reguired on the XJ. At a hundred thousand, the drivetrain is fairly worn (depending on oil changes). 130,000 or so usually requires a second starter and or alternator. Probably a variety of bearings and seals to change.
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