Personally I think that your neighbor is poser if he is lifting it just for the "look." However, the cheapest route would be a 3" body lift and 33" tires. A mud tire would last ok for road driving and has a great "look." The lift is usually around $80 US and then most shops charge between $400-$500 US for installation. I would say go find someone that has done a b-lift before and have them do it for a small price and some beer. That's what I did. The total price of part/labor/beer was about $250 US. And then the tires are a different story. Depending on what type you end up with will determine price.
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Play hard + Rest easy
Drive a Jeep
'92 YJ
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Play hard + Rest easy
Drive a Jeep
'92 YJ