Hmmm, running engine. I guess it would be how good a running engine? You can have a running engine that is wornout and uses 1 qt. of oil every 200 miles....
Though if its a running engine, that probably isn't to bad a price anymore. I remember when you couldn't give the 216 engines away. I never seen, what kind of mileage (odometer) does the truck have on it? What year is this 216 engine thinking about coming out of?

John