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Since it is $700 for BOTH the engine and transmission, I think negotiations are over. Now it is just a case of "take it or leave it". If I can come up with the bulk of the money in the next couple of days I will take it...
I agree about whole trucks being cheaper than just parts. The down-side of buying a parts truck is storage. My truck is parked in my driveway with my other cars so I don't have a "field" to park my parts vehicles in.
An engine and transmission is about the largest amount of "parts" I can...
I have an offer to buy an Engine AND Transmission pulled from a Deuce with 1500 Miles on it. Supposedly there are videos of it running before being pulled and it has a whistler on it.
So... as a GENERAL rule, what are things worth? Just ballpark numbers for the following items:
Parts motors...