[Formulabruce]

I have seen this car in the past when I was buying a Formula.
I did not see it in this condition. The trans "appears" to be the early 5 speed, similar to the Doug nash with a 1:1 high gear.
Note speedo cable not hooked up.
No pics of the floors really or inner rockers, or bottoms of doors.
I have a Revere '72 from the same dealer, same week and it would need all that metal too , and more.
Local cars around here Rot bad.
I have a feeling I know who built this, and I think they are a member here.
I would have expected better quality, but if built to sell...... Revere Hides a lot
Suggest a test drive and a complete underside check in detail.
If the underside has the floors freshly undercoated .. think hard ..
This is not really an investment car at this point. Could be fun though.
Expect more work.