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1) The sills and rockers look smoked
2) The floors - I have no idea what is hiding under all that thick asphalt top coating on the inside. Maybe rusty
3) Rust on the back shelf and in the rear seat area?
4) Motor is probably more reliable than the original which is nice.
I have a '75 Targa that has no rust. The floors, sills, rockers, etc. are mint.
The paint is shot on mine, and has a 2.7
I think mine is worth $15K (and it even has the hard top Targa as yours).
People are paying ridiculous prices for rust bucket projects. I would gather to say yours is worth $10-$15K to the right person. It needs rust repair, but so many do.
A very nice example of yours (a '75 Targa) went on BaT months ago at $26K. It would cost more to restore yours to the level this car was at, effectively making your car not even worth $10K. Parted it would be worth more.
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