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Why was it parked?
Brake lines, cylinders, calipers, everything is going to need to be checked over and most likely replaced, valve springs might be compressed and no longer any good, timing belt is going to be shot along with the water pump, bearings on the alternator.
$150 is a good price, treat it like you are just getting a shell and that you are lucking out every time you find something that doesn't need to be replaced and you will be fine.
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