Thanks folks, the galvanised chassis perhaps made me think it was worth a little more, as ive seen many complete basket cases doing over a grand, on reflection 1800 would be as far as I'd go, but I'm not bidding on it now as the guy is delusional about its value, his reserve is allegedly £3500.
Its gotta be a v8 for me I'm afraid, and the majority I've seen for sale are either ex challenge trucks that have been on their roof more than their wheels or straight ones doing moon money.
I'm a panel beater / painter, so I don't mind a fixer, I've seen another that I'm perhaps going to look at, so we'll see where that goes.
Cheers