My new find

Looks pretty solid from what I can see in the pics, hows the bottom of the trunk lid and around the trunk around the latch area? Seems like those cars always have rot in those areas. Do a compression test on the engine before throwing speed parts at it, 40000 miles doesn't seem like a lot by today's standards but that was a decent amount back then, probably could use a quick valve job at the very least. Those old flatheads will run very smooth even when worn out with little compression.