Thats exactly what mine was.
I dont know how they can stay in business. Mine was a stock 73 bronco with nice paint over RUST and MUD. It had new wheels and tires and a new motor (I think, maybe just painted motor) but EVERYTHING else was stock. It had a broken leaf pack, radiator (honestly) 1/2 full of mud, front and rear diffs full of mud, tranny and TC never rebuilt, broken glass, original brakes.... I could go on and on. Then, when I asked him about it, he pretty much said tuff sh!t. I called him a few times and then he just ignored me.
I put about $8k into it and then sold it for about the same price.