Re: \'76 cj-5 Levi\'s Should I buy it?
Chances are the spedo has gone over. Most have by now. Early to mid 90's Wranglers are going over 100K at this time.
Rust is another thing. You will need to see what kind of rust. If it's just the body and not bad it may be OK. If it's the frame, you may have a problem.
Both the body and frame can be replaced, but it cost money ($2,500-3,500 each for new). You have to deal with the salt on the roads issue in the Midwest. We do not in my area. A 70's CJ around here goes for $3,500-5,000. More if it has a bunch of upgrades and is in great shape. The Levi thing has no value.
Hope that helps!