I’ve never heard of an ARO 246 until coming across this one posted on Bring-A-Trailer. It’s a 2002 ARO 246 that was imported from Romania as a project vehicle. It recently sold on eBay for only $405 so this will definitely be an affordable project for the new owner.
It has a Ford Ranger 2.3 I4 engine and 4-speed transmission with many new parts. Front axle is a Dana44 from a 1984 Jeep Grand Cherokee and rear is an AMC 20 with 1 piece shafts.
There’s also a build thread with more pictures on Pirate4x4. Have you seen one of these before, or maybe you own one? If you have any photos of more ARO’s send them over!