I have the opportunity to purchase a 1955 stepside chevy pickup. Here's the details:

I saw the truck this morning, and I spoke with the owner. Here's what I
learned:

1955 "Second Series" Pick Up Truck

Price: $3,300 (down from 3,500)
Motor: 350 with three speed shift on the floor (drive train from a '76
Camero; rebuilt in last three years however I heard what sounded like a
burnt intake valve. Carb is filthy and a full tune up is in order.)
Over all body condition: fair
1) Right front fender torn by a trash truck and beyond repair (think of a
sardine can)
2) Cab floor board intact with flake rust
3) Bucket seats old (He says he has original bend seat that is restorable)
4) Bed and rear benders are OK (some rust through by fenders and wood bed
panels look beat but usable)
5) Over head of cab great
6) Firewall great
7) Steering gear box worn out needs restoring
8) Wiring: Complate hardness replaced within last year.
Owner indicated that he has "lots" of extra parts(different hood, and new rear glass), but was not able to work on the truck because of so many other projects. He says he has
the original shop manual for it and other reading material related to the truck.

Is the 3300 a reasonable price? I was thinking of more along the lines of say 17-2300 or am I lowballing the guy?