Need some fast purchase advice!!

[danheit]

So I was supposed to be going tomorrow to purchase a 68 short box step side with a 350 and 3 on the floor (previously a 6cyl base model trk). Guy says there is bondo in the rear fender and some rot in the corner of the door jamb and hood. He was asking 2200, which for a running driving truck was a no brainer. Then he comes at me with it having a brake issue, all the brake fluid has leaked from the system. Still not that bad. Then today he tells me he thinks it spun a bearing and he understands if I'm no longer interested. He says that as is, the lowest he will go is 2k. My entire budget is 2400. Should I do it or hold out?? I have another motor in the garage I can drop in, but I'm afraid I'm going to overspend just to have a truck.

It needs a motor, paint, body work, rear end or regeared, brake system, and power steering conversion. Still sound worth it for 2k?
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