Here is a 1940 Ford Deluxe 4 Door car that is very solid and the previous owner did alot of upgrades to this car. Here is what he did to it:
Rebuilt 350 Engine
Rebuilt 350 Transmission
Ford 9 inch rear with 3:08 gears
New Gas Tank
New Wiring
New Rear Springs
New Radial Tires , Wheels and Caps
New Glass
New Aluminum Radiator
New Mustang II Front Suspension with Power Rack & Pinion Steering
New Tubular A-Arms
Power Disc Brakes on front
New Carburetor
New Chrome Tilt Column with New Banjo Steering Wheel
New So Cal Gauges
New Brake Booster
As you can see the running gear is basically all new along with the front suspension etc.. The car runs and drives great. The paint is decent but has been painted a long time. The interior front seat, headliner and door panels are ok but old. The rear seat has a good size hole on the corner of passenger side probably from just being old and rotten material. The trunk has a spare tire and the floor looks good. No rust. The bumpers look to be original and look old. The floor pans are good and solid as well. The engine compartment is very clean. This is a good driver car that you can get in and drive anywhere.