In my opinion 5500 is way too much for that truck. I have a great looking 63 that runs great and has tons of new stuff on it, virtually no rust. Only problem is my horn.:) Has vintage Mickey Thompson valve covers, great 350 engine, better rear bumper than that one original camper bumper) original mint AM radio. I doubt I could get too much more than that for mine and I'm in Los Angeles where they're sought after by all kinds of fanatics. I may be able to get 7000 if the right buyer came along. That's 1500 more than what you will pay and I guarantee you'll easily put 1500 into that one. It's a great project truck but I can tell you now just by what I've put into mine with wiring, lights, carpet, etc. you will be spending a lot to get that to be really good. A lot on top of the 5500. For 5500 I want something I can start up and drive. By comparison I got mine 15 years ago for 4000 and it had nothing wrong with it at the time. Too many surf trips, 3 kids, and too much time sitting parked while I bounced my kids on my knee. Now it's back up and running and if you saw it (I don't have any pictures posted anywhere) you'd say, I'll get THAT ONE for 5500! Mine is sweet. Can't drive anywhere without people asking to buy it. No one has offered me 7000 yet. Just my opinion. If he gets 5500 let me know and I'll park mine on his street to sell.