I'm not surprised it brought that much, these are few and far between. I passed on one about 10 years ago for $2500 and it was in really good shape. The engine is decent but it has a timing belt that became I believe the achiles heal of most of these. No one remembers to replace it and even this seller didn't mention that it had been replaced although with all the work that's been done on that engine I believe it likely has.
There was also one for sale out in WA last year sometime I think but when I got to questioning the owner he finally admitted that it wasn't running because the timing belt broke.
I think personally the Peugeot 2.5TD would have been a better candidate for the Cherokee, especially the intercooled version we never got in the states. Then again Peugeot didn't have a relationship with Chrysler so it makes no difference.
At any rate, someone must have wanted it awfully bad, the price is more than I would have paid for it...and it's in my back yard too.
steve a
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