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I would want to hear it run... Plus be able to get all the the pieces I would need for the conversion... Then maybe sell off unused parts to recoup some of my expenses...
I paid $500 for one very similar to that about 2 years ago. If it could be a reliable daily driver should be able to get $1000-$1500 in Placerville this time of year.
It hasn't been registered in quite a while. The guy I got it from was just driving it on his property. It smelled a little rich when I drove it to load it up and the idler pulley needs to be replaced.