This looks like a nice foundation.

“This is a restored running Chassis for a 1951 M38 Jeep, It could be used for a CJ3A also. It has all the correct engine numbers, transmission, axles and frame for the M38. The engine has been rebuilt and runs great. It idles smooth and quiet with 50 lbs. oil pressure. You can see and hear it run before you buy it. It has to many new parts to list in this ad, Steering, Suspension, Chassis, Brake Parts, Exhaust System, Etc. Nearly every part on this chassis has been blasted to bare metal and painted. It has a clear Indiana title listed as a 1951 Willeys Jeep with the correct year ID #. You could not build this chassis yourself for anywhere near this kind of money! This chassis comes with a lot of misc new and used Jeep parts. $3500.00 OBO. Call 260 432-1663 or cells 260 438-1724 or 260 348-6240.”

http://fortwayne.craigslist.org/pts/3420193415.html