SO WHERE IS THE T5 % SPEED TRANSMISSION??????

The main concern with an engine that has been sitting like that for that long is.....
1 surface rust from condensation on the cylinder bores and the faces of the valves and seats.
2 Rings could be a problem due to the engine sitting and not having any heat cycles from the engine running.
3 seals getting dry and brittle from not having any lubrication from the engine not running.
4 The valve springs on certain cylinders have been sitting with the valves open and tension on the valve springs from being collapsed.
5 bearings really shouldnt be an issue due to the oiling system leaving a coat of oil between the crank and the bearing.

I am sure I could think of other things that could possibly be an issue.

Certain procedures would need to be performed before that engine could be installed in something and ran.

If you are going to let an engine set up for any length of time it is best to remove the valve covers and loosen up the rocker arms.
Pull the spark plugs and generously lube the cylinders,reinstall spark plugs and rotate that engine by hand monthly to keep oil moving around between the cylinder wall,rings, and pistons.

We have so much humidity here in florida, unless that engine was stored in a climate contolled atmosphere,it most likely has surface rust simply from condensation from the heating and cooling of the metal.

Metal doesnt necesarily need to be exposed to the elements to form rust.

I think that 700.00 is a fair offer.

SO WHERE IS THAT TRANSMISSION?????

BETTER YET THE REST OF THE CHASSIS???????

Mark