I'm mostly in agreement with Dave
@roadstr6 with his assessment. It all comes down to your eventual plans for the vehicle. Like Dave said, I would not consider it as a candidate for restoration. But... it has new brakes so I will go on the assumption that it will run and stop. If you just want to tow it to Uwharrie and have fun on the trails, it might not be that bad. You'd have to put some work in to the engine and steering (what Dave said), but wheelers don't necessarily need much for electrical systems. So if you just want something to tinker on, I'd consider no more than about $2500; pending an evaluation of the frame rust (thicker metal on the old guys). Oh, and you need to make good friends with someone that is really good with them. I have
@dbenke and
@ErikinSC on speed dial.
Full disclosure: I am generally willing to pay more than most folks are.