Boss has a ~'59 with 33K miles, service writer has a '61 with 133K miles, it was shown at the Columbus Auto show the last 2-3 years in the main hallway. We work on a shit ton of them at the shop. I work on a majority of them with my boss.
They are easy to work on, have a ton of little issues, parts are cheap and readily available, and it is a PAIN IN THE ASS to find one that has not been totally screwed up by back yard bob.
Say you are looking sub $5,000...fair?
You are looking at cars that more than likely do not have the original floor pan, if it does it has a ton of holes in it. Almost all of them have the area under the battery re-welded back in by some shitty welder. If the pan was replaced, odds are good they got it mostly put back together, but not totally. Ones with original floor pans are probably $8K+ cars because they are usually pristine.
Odds are good that it has fiberglass fenders instead of metal ones.
The brakes need to be totally over hauled, front and rear drums, the heat won't work...not that it works well when you have it set up correctly. OR someone did a crappy front disk conversion.
Clutch jobs happen all the time due to the rear main seal leaking and destroying the clutch. Of course it takes me about 13 minutes to pull a carburated motor, and 17 minutes for a fuel injected motor. They always leak oil...ALWAYS, both of the show cars at the shop leak oil.
Need I say more??? They are a ton of fun once they are sorted out, we love them to death. Feel free to swing by with one if you find one you like, and we can check it out for you, we really enjoy getting people into them because they are fun.