I am looking to buy a 1978 450 SEL with about 100k miles for $100. Its in great shape aside from the fact that the reverse doesnt work. Is it possible that I dont need a whole new transmission? And if so...is it worth spending a few thousand on it? How much is this car worth in good shape? I would really like to purchase this vehicle because other than the reverse not working its a great car and i only need it to go short distances a few times a week!

I heard from one person that i might be able to just tighten up some belts under the car and another told me he's never heard of that...i dont want to get screwed!


Thanks for any help you can give me!

Alicia