Will it be a daily driver or a toy?

Daily driver and family vehicle. I'll probably use it as a work vehicle as a carpenter and have it converted to LPG. As I'm typing this it still makes sense to stick with the Land Cruiser. Mechanics will think I've got an endless wallet with an American truck. And they'll start making excuses that it's American so they're not familiar with it.

Main thing going for the Sequoia is the age on it even though it's almost x3 times as much. Seems parts on the Land Cruiser are expensive so anything that doesn't get spotted before I buy it can shoot the cost up pretty quickly.

In Europe at the time "1998 Land Cruiser" could have been FOUR different cars.

What model do you mean?

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1. 1998 LAND CRUISER J80

(the same as the Lexus LX450, an actual land cruiser)

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2. 1998 LAND CRUISER J90

(A rebranded 4Runner)

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3. 1998 LAND CRUISER J100

(the same as the Lexus LX470, an actual land cruiser)

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4. 1998 LAND CRUISER J105

(an improved J80 land cruiser with fancy bodywork to appear as a J100)

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What engine does the LandCruiser have? Each of this models had it's own engine lineup, the options are: 

3F-E / 3RZ-FE / 1FZ-FE / 5VZ-FE / 2UZ-FE / 1HZ / 1HD-T / 1HD-FT / 1HD-T / 1HD-FTE / 3L / 5L / 1KZ-TE / 1KD-FTV

Sorry about that, I gave you work and should have been specific. These are the only engines I'd pick:

The 2UZ-FE engine in 1998 was the simplest and probably the best choice. It was the engine that guy did 1m miles in in his Tundra. And it can be converted to LPG which is cheaper than diesel alternative fuels.

The HZ engines are the simplest to maintain yourself (I think) even if a bit underpowered.

The HD lineup of engines are probably almost as reliable as the UZ ones, but they're massively expensive because apparently they're popular on the modding scene. This would have been my first choice as I've always been a diesel guy and I might have to do some towing. I'm sure the EGR valve can me sorted out as well. But diesel is not a good choice right now for long term car ownership in the UK. Or probably anywhere else in the world.

What attracts me to the Sequoia is the power, and it looks awesome. All the wrong reasons. I also think it's a more stressed engine at 380bhp > 5.7L compared to the 1998 2UZ-FE at 230bhp > 4.7L. But I think that's just being picky as they're all great engines. But good reasons are the size and at only 9 years old, less age related issues.

MPG for all of them is crap, so it's really about the choice of diesel and petrol and alternatives if they're compatible with the engines. As it looks like it'll eventually cost you £50 in fuel just to back out your driveway.

Thanks, but it's all swings and roundabouts here in the UK. Let's say I financed a new Hilux (I want to own, never financed) I'm pretty sure they tax you £2,400 and then an additional £520 per year for 5 years. And then I heard there was another one off payment at £1000 or so, but they might have changed that to the £520 payment.

Even when UK government data/law is plain to read, there's always something hidden: https://www.gov.uk/vehicle-tax-rate-tables

I could go for a second hand Hilux Surf or an Isuzu suv, but I'd rather try the 1m mile engine and keep it as long as possible. Plus our government are almost as bad as the Californians, so other options are usually diesel and there's a war on diesel car owners. If it wont be increasing road tax, it'll be all the additional taxes like emission zone pollution ones, and before you know it the taxes are as expensive as buying a lemon that needs thousands in repairs per year.

I'm not sure how much you want to drive, but realize that those ones you consider are gas guzzlers and based on the car size, I think you need to pay more tax (If I'm not wrong). Anyway, if you decided to buy one, make sure your mechanic inspects the car throughly so you don't end up buying a bad one.

One less thing to worry about.