1968 Chevrolet Malibu Buying a car

Rebuilt motors are around $2500 at least. The 307 isn't apowerful motor, but the car is also 46 yr sold so it's how bad do you wan tit an dare you willing ot put he money into it. If it has a bad lifter it's probably the cam is shot but if you are going to Overhual the motor not rebuild it then it's replaced anyhow. It 's up to you.

Like I said in the first reply it's not going to be the lifter its' going to be a cam they had bad camshafts for several years. It cold lead ot something else as well. If you are going to change one head gasket you may as well do both. If you are going to do it your self it's cheaper with what I've said probably around $700 to have it done 1200 for gaskets and another 500 or so for the cam. But prices vary and check locally they may do it cheaper. And whatever this guy is telling you - he doesn't care he wants to get rid of the car so they lie or just plain don' know and are guessing. It cold also be a valve guide problem as they had that as well. Is it truly a head gasket or a cracked head/block? You don't know until you get into it. Especially with a car that has been sitting and is almost 50 yrs old.