Well worth it. Buy it, spend $50K on the restoration and the car would probably sell at Auction for more than $100K. It is one of those rare instances where buying a basket case will work.
My father found a basket case 427/435hp Yellow Corvette 1967 behind a house. 2 owner car, all docs, matching numbers, etc. Just needed a lot of work. Paid $25K for it, probably has 50-60K into it and it was appraised for $175K.
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