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Stupid or not? (Please comment your reasons)

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Discussion Starter · #1 ·
The title says it, she has a 302 V8, almost 300k miles, and runs. The body seems in decent shape, for one that was not intended to be preserved. This is the only picture I have at the moment.
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All in all the guy wants 5200, I don't know if it's worth it but Googles suggest it's high, then again in my area oil drives everyone to charge more for everything. All I know is the miles scare me, how much is a used engine for this? I know the 302 is popular but can I really find it that easy? I've always wanted an old project truck like this and the price isn't hurting me, I guess I'm looking to see how stupid this decision is.
 

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For a work vehicle looks to be in good shape
And well maintained will keep everything including the 302 running for a very long time

If there are issues it is one of the easiest to make repairs and parts are very easy to find.

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