well, for $4800 (or less) you can get a 1987 Range Rover with:
3" Bearmach lift springs
OME castor correcting bushings
New starter, alternator, fuel pump.

Rebuilt driver's side footwell, door sill, and POR15'd it
Re-did headliner
I added 31x10.5 tires on 15x8 rims.

Swap out the tires for something bigger. add a locker (there are tons of lockers available, many for less than $500.

that still puts you at $6500-7000.

Add an ARB, winch, $8500.

Hmm.... what else. rock sliders, $500
lights, $250
some upgraded suspension components, shocks... maybe another $750.

$10000 well equipped Range Rover.

There, you happy?