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Rust: in the bottom tailgate, along the bottom edge, all the rest is usual 120 places wheel well, inner fenders, etc...
Interior: The ceilling is really nice to have without rips/dirt etc..
MIlage: since the clock only goes to 99 K trust your instincts. 179K? 279K?
Price:whatever you are willing to pay.
Last year I bought a 120 wagon for $1250.00 US. The startting price was $3000.00. It needs a paint job, and the bumpers need re-chroming, everything else was A1 except one wheel well edge. It took me 3 months to get the guy from his revised price of $2500.00 down to 1250.00. The thing is unless the car is all nice and shiny it probably won't sell that fast. Mine came with o.d, brand new starter and battery plus 100 pounds of new/used spares. My experience with "rebuilds" is to ask for supporting documents, you may trust the person you are buying from, but often it's a p.o. two times removed who did the "overhaul/rebuild" ( i once saw an engine who's rebuild consisted of a fresh coat of paint on the block and a new valve cover gasket). That being said prices are what the market will bear. Since E-bay, folks seem to be getting some grand ideas about prices based on asking prices for vehicles that never sell. I've seen a few cars put up over and over with absurdly inflated prices. But really if you have the cash, the car looks good and feels right, get underneath make sure it's not rusted through anywhere and enjpy yourself.
Even with the work i have to do on it, my 120 wagon is the nicest car I have ever owned, personally I like my practical classic, and find the lines to be superior to the other 120s.
Patrick ('68 220, '83 245).
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