Looks like an honest car to me. They're not pretending that a lick of paint and an oil change will get it back one the road -- like so many do. It basically needs everything; though, perhaps, the chassis is useable.
We used to say there were only two kinds of Big Healeys, one that just had $35K spent on it, or, one that needed $35K spent on it. Given that was 15 years ago, I guess it should be revised to $60K (or more).
Europas are now getting to be in the same situation. Not many good drivers around anymore. The upkeep require to keep them that way got to be too much and they were parked. Or worse, restorations "started". They either have just had a poop-load of work done, or they need it.
