In 1980, I bought an all original, rust free 1966 GT with a cracked block for $300. About every option, with console, Pony Interior, AM- 8 Track, etc.
I sold it to someone else 2 weeks later, before ever working on it, and he promptly tore out all the disk brakes and put on drums. Repair parts were very tough to find for the calipers, and all the K/H proportioning valve leaked like crazy. There was a lot of problems with pistons rusting to the inside bores on the calipers, knocking out brake capacity.
ed ay +3112
1968 GT500 Arrest Me Red (The Big Boy Toy)
1966 K Code Vert (The K 'Vert)