How many miles? Original owner? Any accidents/straight body?
It could be an ok fixer-upper, but I like to take a few other factors into consideration when I'm buying a car. I'd rather spend closer to 4-5k and get something that will be trouble-free for years to come.
But again, it depends on what you want to do with the car. Daily driver? Weekend racer?
Depending on what you use it for, it could be ok, but sounds like it had an abusive owner or bad shifter/driver or both from the description you give.
But for 1500 not TOO bad. If you can get her down to 1k, I'd say probably go for it.
(BTW, you're signature is fawkin' funny. :rofl: )