70's truck/SUV appraisal?

BrianW

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im planning on buying a 78 K5 Blazer from my auto mechanics teacher. the body is badly rusted and the interior aint too pretty, but the mechanical aspect of it has been babied. runs like it was new. looks ike it has a small lift on it. its got one of the v8s in it. forgot to check which one. auto trans and working 4WD. custom grill and front bumper. whats it worth? i was thinking somewhere around 5-800 bucks. would that be ripping him off?
its only owner has been my mechanics teacher. and he is amazing with cars! knows everything about em! his 91 chevy astro van is well over 500K miles and still goin strong! so i know this thing is in good mechanical condition.
 
A badly rusted 30 year old truck isn't worth much but if it runs it's got to be worth $600.

Sounds like it could turn into a money pit so I'd be cautious.
 
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