As the Korean War-era successors to the original WWII Jeep, the M38 and M38A1 are valued collector's vehicles. They're distinguished by military-specific upgrades and for providing the evolutionary link, via the M38A1's rounded body and Hurricane engine, to the iconic CJ-5.
Find one with Spotter →Willys M38 & M38A1 sold for a median of $10,788 over the last 12 months, based on 20 auction sales; the middle 50% sold between $7,818 and $17,975. 10 currently for sale.
The Willys M38 was the U.S. military's post-WWII update to the iconic Jeep, serving as the main light utility vehicle during the Korean War. Produced from 1950 to 1952, it was based on the civilian CJ-3A but featured significant upgrades like a waterproof 24-volt electrical system and a stronger frame. Its successor, the M38A1, arrived in 1952 with a more powerful 'Hurricane' F-head engine and a new rounded-fender body that would later become the CJ-5. The M38A1 had a much longer production run, serving well into the Vietnam era.
Collectors value these Jeeps for their direct military history and rugged, no-frills character. They are tangible links to the Korean and Vietnam wars, and many enthusiasts enjoy restoring them to period-correct specifications, complete with military markings and accessories. Unlike their WWII predecessors, the M38 and M38A1 are often more affordable and feature usability improvements, making them a popular entry point into military vehicle collecting.
The market for these models is steady, with an average sale price around $16,760. Condition and originality drive values. Rough, non-running projects can sell for as little as $1,200, while meticulously restored, numbers-matching examples have sold for over $44,000. Most transactions fall within the $10,000 to $25,000 range for solid, running vehicles.
Prices range from $1,200 for projects to $44,750 for expertly restored examples.
213 Willys M38 & M38A1 vehicles have been tracked across auctions and listings on Hypercars, with 10 currently live.
Data sourced from Bring a Trailer, Cars & Bids, eBay Motors, PCarMarket, and Collecting Cars. Updated daily.
Over the last 12 months, Willys M38 & M38A1 sold for a median of $10,788 across 20 auction sales tracked on Hypercars; the middle 50% sold between $7,818 and $17,975. There are 10 currently for sale.
There are 10 Willys M38 & M38A1 listings currently live across auctions, dealers, and marketplaces tracked by Hypercars.