It appears the car has been restored frame off although done with some incorrect parts and finishes. If you look at the cost of purchasing a nice project car, then depending on how much you can do and how well, you can quickly see the cost to restore a car can easily exceed the cost you can buy one done. Also you need to decide what is important to you, Concourse judging or very nice driver? If shows and judging are in your future you have a lot of work to do with this car. If however driving and enjoying it is your thing a few simple "fixes" can easily be done.
One thing you will note about this site and general car hobby. Everyone is a critic. As far as value of cars and parts, when they are buying they want to pay pennies on the dollar but when they are selling their stuff is worth it's weight in gold! LOL!
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