It's a cash deal with the proceeds from my recently sold (sniff) 1980 FJ40. My wife has also set a price cap (which is fine with me) - she knows I can fix what's wrong with a used car. Base ones are $29K or so (total stripper), and I'm in the 15K range.
Thanks for the perspectives. I agree that most of the 1-2 year old stuff is much to close to 'new' price - and you should just buy new. I'm astounded at $25K 3 year old used cars, when the same car can be had for 23K at a dealer new (in perhaps a lesser trim level).
Since the 1995 FZJ is still humming along, I'll just be patient for a cleaner/cheaper one to come along.
Colo Springs, CO