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That seems reasonable. If the rust is in acceptable amounts/non existent are there any other things to watch out for? The seller said the 66 only came with rear torque boxes, is this true? In the video he showed me there was no rust to be seen on the rear torque boxes and the floor pans looked great. (Ofc there was some surface oxidisation but nothing serious)The short list of things to look for is rust, rust, and rust. Thoroughly check the underside of the car. Frame rails, floor boards, and torque boxes. If the floor boards are shot chances are so is the cowl. Poor some water down the cowl and check for interior leaks.
Remember there is ALWAYS more rust than you can see on the surface.
Let's hypothetically assume the rust is only minor like the seller said and the car really is a C code and has all the V8 parts like cooler, exhaust, mounts and transmission. Are things like the suspension prone to wear out over time? Do i need to worry about the axels?