Buying 82 camaro z28
2: please please please stop. The engine is the last thing you should concern yourself about with such old vehicles. But, at 18, the displacement and camshaft are mean to get you all honked up and maybe toss in a loud exhaust and cha-ching, another starry eyed kid buys a car.
fuel tank, fuel lines, brake lines, calipers, master cylinder, wiring, wiring, wiring, wiring, wiring, and wiring. The functionality or lack thereof of the accessories (don't say that you'll be OK if xx doesn't work because you won't be OK)
cooling system
condition of interior (and not does it have an awesome bumping system)
condition of body and paint, glass, floor pans, rot anywhere etc
it's not cheap to fix any of those things and please note I did not mention the tranny or engine................those should be the least of your concerns. You can get a SBC rebuilt for $1300-$1500 and that includes the cylinder heads. You can get a tranny rebuilt on the bench for around $400-$450.
Go price what a headliner, rug, sun visors, weatherstripping, seats re-skinned will cost you.
Go price a modest paint job with some body work
pretty soon a rebuilt engine and tranny looks real cheap.
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