Latest / Bloomberg Intelligence / FJ's Calle on Restoring Vintage Toyota FJ Land Cruisers (Audio)

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FJ's Calle on Restoring Vintage Toyota FJ Land Cruisers (Audio) · Bloomberg Intelligence

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  Speaker 1: I'm not talking about Charlie Pellett. I'm talking about the
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  Speaker 1: Toyota f J forty. It was Japan's answer to the
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  Speaker 1: American jeep in the British land rover. We're gonna be
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  Speaker 1: speaking with Nelson Kaye, he's the chief executive of the
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  Speaker 1: f J company and find out what it takes to
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  Speaker 1: be a specialist in the restoration and sale of Toyota
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  Speaker 1: f J land cruisers. Right now, let's go to Charlie
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  Speaker 1: You've been if they got to find a shift around
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  Speaker 1: waiting for you to place your own has two calias.
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  Speaker 1: Bloomberg taking stock, books Life on Bloomberg Radio. It was
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  Speaker 1: Japan's answer to the American jeep in the British land rover.
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  Speaker 1: Toyota reverse engineered the jeep and perfected it within a decade.
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  Speaker 1: Here to tell us more about the Toyota f J
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  Speaker 1: and how you can get your hands on a restored
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  Speaker 1: and frame off restored version. Nelson Kaya. He is the
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  Speaker 1: chief executive of the f J Company. They're based in Miami. Nelson,
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  Speaker 1: thank you very much for being with us, and just
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  Speaker 1: start us off with a little personal history of your
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  Speaker 1: grandfather and how you came to have the Toyota f
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  Speaker 1: J forty in your life. Thank you, thank you very
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  Speaker 1: much for having us here. Um. Well, yes, we we
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  Speaker 1: basically were born into we were born into these cars. Uh,
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  Speaker 1: we've been inside them all our lives. Um. My grandfather
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  Speaker 1: UH basically had two two vehicles in his entire life,
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  Speaker 1: being of an avid farmer. Uh, he had a forty
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  Speaker 1: in sky blue and and he after he used that
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  Speaker 1: for ten years, he bought a night two medium blue
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  Speaker 1: f forty. And that's obviously where all the grandkids got
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  Speaker 1: carried around, where they were taken to school, uh, to
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  Speaker 1: the hospital for births and basically everywhere. So, UM, we
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  Speaker 1: have the cars in grained in our hearts and in
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  Speaker 1: our souls. Um, and we're very happy to nowadays bring
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  Speaker 1: them back to life. That's that's of our time and dedication.
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  Speaker 1: And you also have them in inventory, though you have
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  Speaker 1: to in a sense put them together on a custom
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  Speaker 1: basis for your customers. Tell us about the different models
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  Speaker 1: that customers can choose and a little bit of the
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  Speaker 1: engineering that goes into them. Well, basically, we have a
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  Speaker 1: beginners f J or standard f J UH forty which
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  Speaker 1: begins at around fifty and uh this car is completely
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  Speaker 1: restored from scratch. When you receive this car, you have
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  Speaker 1: you basically have the closest thing that you can have
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  Speaker 1: to a new FDA forty pretty much like it rolled
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  Speaker 1: out of the factory back in in the seventies and eighties. Um.
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  Speaker 1: And from then on you can certainly do some upgrades
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  Speaker 1: or go to higher level Toyota land Cruiser, which is
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  Speaker 1: the FDA forty three, which is a longer wheel based car,
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  Speaker 1: a little bit more space for the family in the back.
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  Speaker 1: Um Uh. This car is very popular in in beach
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  Speaker 1: houses or beach town's, golfing, calfing towns, etcetera. You can
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  Speaker 1: also do anything that is of your dreams. You can
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  Speaker 1: add um more power with newer engines. You can you
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  Speaker 1: can add uh automatic transmission if you if you wish to.
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  Speaker 1: But obviously these additions or these modifications are extra costs.
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  Speaker 1: But in any case, wherever you end up. Going as
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  Speaker 1: far as configuration, UM, the car will be completely rebuilt.
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  Speaker 1: Engines are always rebuilt. Transmissions are rebuilt as well, front
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  Speaker 1: end rear end um. Although water pumps are new, oil
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  Speaker 1: pumps are new, electricals are rebuilt completely from from scratch hands.
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  Speaker 1: So you you will get basically a brand new car. Um.
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  Speaker 1: Obviously this is a classic car. Uh. This is not
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  Speaker 1: to compare to a two thousand sixteen car, but that's
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  Speaker 1: precisely the point. This car has the it has a
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  Speaker 1: fun of driving which has been lost in our in
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  Speaker 1: our opinion, has been lost in modern cars. And this
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  Speaker 1: is a car that you will be dying to go
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  Speaker 1: for the weekend drive. So for example, I know you've
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  Speaker 1: got to, you said, the classic begins at fifty five thousand,
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  Speaker 1: the California version it's sixty thousand, up to the sport
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  Speaker 1: version of seventy five thousand. What how long does it
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  Speaker 1: take to actually put together as someone's order. Uh, well
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  Speaker 1: that's a good question. The simple orders or the more
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  Speaker 1: simple cars, are taking us nine months to build, and
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  Speaker 1: the more complicated cars or the custom made cars can
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  Speaker 1: take anywhere from twelve to sixteen months. For the very
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  Speaker 1: complicated builds, whenever we're using um well, ultramodern engines and
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  Speaker 1: automatic transmissions and things like that. So I would say
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  Speaker 1: that for the for the typical car, this is a
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  Speaker 1: nine month to twelve months buil and uh that's from
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  Speaker 1: the day we sign a contract to all the day
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  Speaker 1: that are delivered anywhere in the US. Pretty much. Nelson,
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  Speaker 1: just to give you about the twenty seconds here, what's
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  Speaker 1: the one piece of advice you would give someone who's
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  Speaker 1: thinking about either purchasing a restored car such as this.
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  Speaker 1: I would think that they it's certainly if you're going
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  Speaker 1: to buy a car, you do one hundred. You have
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  Speaker 1: to be uh that you trust the vendor, and if
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  Speaker 1: you do not trust the vendor, you definitely have to
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  Speaker 1: drive the car that you're going to purchase. Definitely drive it, uh,
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  Speaker 1: if not, drive some other car that that that that
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  Speaker 1: the vendor has built, and that will definitely uh be
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  Speaker 1: a requirement before you signed the tech Nelson Kai, thank
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  Speaker 1: you very much. He is the chief executive of the
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  Speaker 1: f J company. They're based in Miami. I'm Pim Fox
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