Hi there, I bought a similar car for $1k. I have since spent on repairs for getting it registered, registration, and other bits around another $1500.
You may want to look at something around 2.5/3K registered and running that is potentially in better nick.
That being said they are fun to restore and I get a kick out of a car I have worked on.
Welcome and I hope that you find the forum full of useful information. Maybe filling in your location will help!
Mick
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