First post so be gentle - looking at a 40th Anniversary to purchase but it lives in the Northeast. In the collective experience of the group, does this undercarriage rust look like it is manageable, or fatal? Would appreciate thoughts. Thanks.
I've definitely seen worse--I don't think that one is a lost cause at all. But as @jonheld mentioned, the real cost is in aggravation, not dollars.
If you get a clean one shipped from the SW, please promise not to drive it in the winter. I hate the thought of rust free rigs being brought to the NW to die a slow painful death
I live in MN so i know something about what rusty vehicles look like
The rust doesn't look fatal, by that i mean you can poke a hole thru the frame then i'd stay away from that. This one do show a bit more rust than i would care for considering that the front of the truck has lots of surface rust. Normally, you'd see the rust at the back of the truck where the salt tends to accumulate. This one showing rust at the front means the PO has never bothered washing underneath the truck. Check out the bushings as well, they're dry rotten.
Also the 80 frames seem pretty good with rust resistance, I haven't seen one yet that i'd worry about driving. For the right price, and if you have the time and good eye-protection glasses, and understand what you are dealing with then that truck is good.
If you expecting to bring it to show quality, then get a truck from rust-free territory. Fly and drive it back home too