Anybody have any idea how much of a money pit this can turn into?
As with anything it can be a cheap or as expensive as you want. If you just get the brakes working and road worthy then you can get out of it for a few hundred bucks. If you do a complete frame off restoration then you are looking a thousands of dollars. It is all what you want to make it.
BTW $500 for a running truck is a pretty good deal.
