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I'd just like to add that my numbers are based on the "crawling under a lot" system. A major restoration I'd estimate $20-$30K for. And my definition of "major restoration" is this:
You're certainly welcome to pass along the assessments from this thread to the owner. My experience in the...
:)
Ok, so here's how I get there:
I don't know when M108 production stopped, somewhere in the 1950's. So let's call it 1955 for conversations sake. It's 2015 now, so this is a 60 year old truck.
The OP stated it hasn't run in at least 8 years and that it obviously has a lot of deferred...
There's nothing on that truck that would scare me off, but I'm also smart enough to see $5-10K in work to get it up to snuff and that doesn't include restoration/cosmetic stuff.
It's pretty solid and complete for it's age-still has the waterproof plug wires. Interesting it got the air horn...