Compared to trucks I've seen for sale in my state (Montana), I would say that $1,000 is a decent price. I've seen worse trucks go for $1,000 without an engine and transmission. I'm sure you already know it will be a lot of work and expense to get this truck back into good shape. I'm restoring a '41 and it's taking a lot more parts and the parts are more expensive than I would have thought at the beginning.