i recently bought a rebuilt one, however upon further investigation it turns out the motor had been rebuilt ~9 years ago. No receipts were provided so I wasn't able to verify the build.
Main things I looked for were:
- interior, mine is one of the cleanest I have seen, no bubbling, cracks etc anywhere inside
- bolt ons and supporting mods, gives a good indication of budget for the build (probably naive view but the better the bolt ons/supporting mods, the more money put into the build)
- how it drives, although built a while ago, it still makes great power and drives well and solid on the road. A few things to sort out but hopefully the motor holds up for at least a couple more years.
- underbody, check for rust and damage. sills on both sides of mine were gone, but didn't think it was much of an issue (its an old car after all, and I wasn't looking for a concourse worthy example for what I paid)
The 32s at least 20yo cars now. Personally I would still look to buy something that has had the motor rebuilt.