How much is Back in Black really worth?
[music]
Holy ****.
He's in trouble. He's in proper trouble.
I'm not going anywhere.
The water's not coming in yet.
Go go go go, come on. Go go go.
Look, that video, there's no doubt about it, it's going nuts at the
moment. It was pretty cool because that's the first time you saw that.
That was a good video. I like it. Yeah, but seriously everyone asked me and I'm
sure you get the same question too. How much is Back in Black worth to build?
Um, like I did some rough sums. But I don't know. Let's do the exercise.
Let's do a run through, a quick run through.
Let's do the exercise. How much is Back in Black really worth?
This would be this will only be a Simon and Jase estimate though--a guesstimate.
No, no, this might be pretty accurate.
Okay.
I do know this truck from start to finish. All right, let's start. When you start with a truck...
You got to get the truck first.
All right there you go.
What's the cost of a 79 series Land Cruiser straight from Toyota dealership?
75?
Yeah, yeah it'd be around that.
Yep, 75, there it is.
Yeah, something like that.
All right the first thing you did, well you had it chopped and extended.
Okay so it went to Creative Conversions, 300 mil extension,
yeah there's some coin there. Probably 5-6 grand?
Okay, next... Canopy.
Canopy.
Canopy and tray.
It goes over to Norweld. Canopy, it gets painted black.
Um it's got um, you know, all the extra fruit on it. So all the extras, carpet inside,
so on and so on. Mate, there's got to be at least 25-30? Something like that maybe?
Your canopy decked out with electrics, you ain't gonna get--
Hang on, we're not talking about electrics yet.
Oh okay, okay no electrics yet.
You're jumping ahead there.
I was going to say, there's no change out of $50k.
Yeah, yeah, yeah, no. No jumping ahead there yet.
Well just around the canopy. The canopy with everything in it.
Oh well, you've got a fridge. You've got lithium. There's 200 amp hours
of lithium. It's got switches everywhere. It's got inverter. It's got the RedVision
with double screen. There's lights. It's got a rubberized coating on it.
You know your canopy's getting like up to the cost of the vehicle bit by bit, huh?
It's probably hitting maybe 55.
It would be 50 grand in your canopy, no problem.
Okay there's 50. Put it on. Put 50 on.
All right so come around to back to the front of the car. It's got a 17,500 pound
alloy, a winch machined from an alloy box. So almost hand-built.
Mate, that thing cost four grand from the UK. That's not with rope.
That's the winch.
And that's not installed in this truck with, you know,
dash switch and remote. Yeah that's four and a half grand right there.
Okay bullbar. A especially made bull bar.
You can get it retail.
A couple of grand?
A couple of grand. Fitting yeah, maybe two and a half grand.
Lights.
Lights? You can buy a million dollar lights, mate, they're out there.
A thousand bucks for a set of some nine inch LEDs. You know what? Those things there...
Do the same job.
...On special? 150.
Bright as.
Okay suspension. Like full-noise, suspension is, mate, it's a Superior Engineering full-coil
welded with a housing, custom housing widened.
So is that 20-25 just on the coil conversion?
Mate, there's probably twe-- 30?
That's the coil, because we're not talking suspension. This is just the coil conversion.
You're not talking the suspension yet.
Then you go to Outback Armour. Outback Armour put a full adjustable suspension package in it.
Adjustable, kitted to suit this truck with the gvm upgrade and so on and so on. Mate...
So what are you talking?
Five? Four and a half, five?
Yep.
Yeah that's suspension. Then Clearview--full electric mirrors, right? The new version.
Plus you've got electric sideboards. Mate, you've just spent four grand.
Yep.
Installed.
Installed yep.
I did save a bit of money there, by the way, because I installed it with Mike, myself.
But it does cost a lot to get stuff installed.
It does.
Let's do under the bonnet because you've got some different stuff...
Okay let's go straight under the bonnet. Just Autos,
bang the kit. We didn't go for that stage one, didn't go stage two, didn't go... I
think we went stage four. Top of the food chain. Turbo the size of those 37's almost.
Oh that's mad, mate. That is nuts, Matt.
Intercooler, different intercooler.
Yeah yeah, a remap.
Exhaust.
Oh yeah, don't forget the exhaust.
Two five-inch dumps into four-inch split, yeah 25 grand, 26 grand.
She's adding up.
Roof rack.
So it's got the new one on it. There's, mate,
with roof rack and some lights on it and stuff like that and the accessories,
yeah would you get change out of three and a half? You wouldn't. It's got a batwing.
It's got a batwing. Rooftop tent.
Yeah, roof top tent, there's three grand.
I hope someone's adding all this up.
Yeah yeah, no, it's adding up. Tyres and rims.
Yeah rims and tyres.
That's a $500 tyre.
Yeah you've got six of those. Six fives, that's three and a half grand of tyres.
Yeah and the rims are 250-300.
Yeah, probably 300 bucks, so 6 of those. So eighteen hundred bucks. So you're
five and a half, six grand wheels and tyres.
Wheels and tires because we've got six of them.
Yep.
There's a rear winch. There's a 12,000-pound rear winch there.
There's another few grand.
Oh yeah.
Let's keep it rolling. Visor.
Yeah custom visor. Custom advisor with the LED inserts. I think four grand.
Four grand? Go inside. All right inside, what do you got?
Custom seats.
Seat covers Supafit.
Seat covers, heads up display, like full tablet display. Steering wheel.
It's got a steering wheel out a Toyota Tundra. It's got that RedVision display
mounted down near the--it's got a centre console. Custom centre con--
And the roof.
And a roof console.
And UHF radios.
That's 4 grand right there.
Yeah easy 4 grand.
Just the console above your head and the centre.
Oh yeah, so 10-20 grand inside the car? 15?
Maybe? 15, does that add up to 15? I think we're gonna need a calculator, mate. It's
out of control now. It's adding up. It's got to be adding up. Have we missed anything?
Clutch.
Yes there's a clutch. There's a heavy-duty clutch in there.
There's a gorilla at least.
Superior Engineering upgraded the brakes.
Oh my god.
Bigger booster.
Yeah that whole nine yards too, yes.
The rotors.
Yep.
The pads.
Oh there's probably three grand.
Right well, you're on the phone to me now, and I'm the insurance broker. So you've rung me,
and I'm asking you, ‘how much do you want to insure your truck for, Jase?’
I've done a few sums. I reckon... Buck 85? Buck 90?
And in front of me here on my computer screen,
I can see there's a 79 brand new is 70-odd k. A buck 80, are you sure?
Yeah can you insure my truck for a buck 90, maybe? A buck 90?
You need to send me some of what you've done to this truck.
Well I'll keep it under the 200 then. You reckon that'll replace it?
No I don't think 200's going to replace it.
No.
No way. No, we've clicked over two-hunge.
There you go, guys. What is this truck really worth?
Let's have a look at it. Let's do the proper sums now and see what this truck's really worth.
See how far out we are.
Here it is. What is it?
So I'm still your insurance broker here, by the way.
250 grand. A quarter of a million dollars.
So Jason, um, on my screen here I've got your 79 listed as around $80,000.
How are you going to tell me--I'm the insurance broker still--your truck is now worth $250,000?
How is that gonna flow with the insurance broker?
That's why I'm insured with Club 4x4.
They understand accessories.
Exactly. There you go guys. Now you know, and it looks like we know,
what this truck is really worth to replace if it were to burn to the ground, get stolen...
Stolen's the one I'm worried about.
Oh stolen, I know how paranoid you are about your gear.
Or rolled.
Yeah yeah yeah. You know when you took it for a test drive that day down the paddock?
Yeah.
Yeah that was me, paranoid.
Oh listen to that.
Wow.
Seatbelt on.
Wow.
That's my truck.
There you go guys. I think we've just answered probably one of the most asked questions
on social media. So how much is Back in Black worth?
A quarter of a mil.
250 big ones.