To all -
Thanks again for the opinions. Keep them coming.
As far as my plans, I'd like to drive it for a while, maybe a year or two, enjoy it, then tear it down for a paint and bodywork. I have enough major projects at the moment to keep me busy for the next year or two

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I'm not buying the car as an investment (I'd buy one completely done if that was the case), but I don't want to lose my shirt on it, either. Most of the cars I've ever had I've either broken even on or made a few thousand dollars on...and yes, I've lost money on a few, too.
I'm confident that I can do some, if not all, of the metal work, and the vast majority of the prep work, so I can probably get it where I want for less than $10K. I've also successfully handled engine and manual transmission removal/rebuild, suspension and brake rebuilds, so that's not a worry for me.
I've attached a pic of the carb and stamped code. Buyer got back to me about the distributor. He said that the # is 1111467, which would make it the correct distributor for the engine.
Janobyte - sorry for being dense, but what are you saying regarding production dates vs engine dates? 04D is last week of April, and a 4/23 engine date would put engine assembly date a week previous, and that would be the same case for the car I'm looking at, engine assembly date on week prior to the car's production date. Am I correct?
As far as a final price goes, I'll go down with a $1000 cash deposit, with payment in full to follow in 1 day via bank wire transfer, or cash upon pickup, whichever he prefers. Depending on if/how much I want it, I'll start in the $20s and take it from there. Hopefully we can meet at a price that works.
Thanks again...
Chris