For a project, look for a car which has a good body. You can find many charades with a fine body. If you still want to go with one with an okayish body, do not pay more than 125k. Expect to spend another 125k minimum, to bring it into a reliable condition.
Having said that, do not finalize the deal until you see the car yourself and make an estimate of the overall project cost - keeping in mind the cost of the finished product. Then u decide whether it is worth the time and effort or not.
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