[Musclecars4me]

Real 340 70 Cudas and Challengers are one of the best driving and handling E-bodies. The lighter front end with decent HP and quick reving small block are gaining in popularity, especially over a 383 edition. If this car also has power disc brakes and power steering it would be an excellent driver.
Trunk pans are one of the first things to go on these cars due to poor sealing around the trunk area and the trunk mat that held moisture against the floor and rotted them out.
Fender tag codes are not real critical on these cars unless it is a J-code AAR. If it is a beige car and that isn't to your taste paint it a color you prefer or one that the market will prefer.
These cars are a lot like a 69 Camaro in that there is always a market and run of the mill cars can command $30,000 if well done.
Check the VIN if it starts BS23H it is a Cuda and would have some heavy duty items such as suspension, and some trim items like a sport hood, stripe, fog lights, trunk panel trim.
If the VIN starts BH23H than it is a base Barracuda with a 340 engine option. Much lower production than a Cuda but not quite as desirable today as the original car could be a hodge podge of options whoever ordered it may have chosen.

If it just needs a pan and can be bought for your estimate it would be a buy. Good shells bring that amount all day long. This is not to say you won't be over your head to finish it as you could be if you have to farm out all the work. At least you will know what is under the new paint, and that is critical when dealing with these unibody cars.

Good luck.