88 Turbo - Is it worth it?

I recently found a classic car dealer online that has an 88 Turbo T-Bird for $1200.

It's a definite project car. Theres a bit of rust, the interior needs help, and at the very least the front transmission seal needs to be replaced (not sure what that costs to repair).

I've attached some pics. Does this sound like a fair deal? This would be my first project car so I don't want to bite off more than I can chew.

Thanks for any advice!

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id walk away from that just far enough to get a good sprint going.....

You can find a nicer car for less.

I've seen much better ones in that price range. Your looking at a lot of body work there.

Run, come buy mine That car needs twice as much in body work.

Welcome to the board.

Remember the first rule of running - DON"T look back!.

There are much better deals out there for the same or less money

Too much rust. Check the lower strut towers, they are probably gone.

Have you ever tried to run so fast that you fell over? Yea, run faster than that..

Well it's unanimous! That car is out

way too much money for a PARTS CAR!

yes at most that is a parts car. i picked up mine for $750 and i have some pics posted up on the forums already if you wanna take a look. there is one here in VA for $800 that is in better shape than that...