wow. considering you're in CT, and i bet you get pounded with snow every year, that car looks to be in great shape. if you're planning a motor swap anyways, the shell looks to be good to go. (minor rusting over the fender well, but it could be alot worse)
if you're seriously interested in the car, like everyone said ... wave around some cash up front. he'll bite and you'll have an extra 200 to spend on armor all, floor mats, and a new radio.