Vance,

Here are some values for a 1960 4 door sedan:

6 - 700
5 - 2150
4 - 3600
3 - 7200
2 - 12600
1 - 18000

What you are describing is probably in the "3" range, assuming there isn't a bunch of rust and/or painted over bondo. I can assure you that you can't get this car up to a 1 or probably even a 2 for the price difference. If you want a nice driver that you can tinker with and maybe put some sweat equity into to bring it up to a low "2", it could be a candidate. You might want to make sure that the bumpers can either be re-chromed or you can get reasonably priced replacements. Chrome on older cars tends to be pricey...

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Bill Streep
San Antonio
'57 190SL (toy)
'08 S5500 (mine)
'09 CLK550 (wife's)
'06 SLK350 (daughter's)
'11 GLK350 (daughter's)
'03 CLK310 (spare)