It has a 1300cc motor in it that "dropped a valve". The seller is including a 1600cc DOHC engine in the deal.
This car is being offered for just $400.00.
Heck, you could rebuild the 1300cc head and sell the 1600cc engine to cover most of the cost of the car.
Located in Redding, CA, click here to see the Craigslist ad for this 1975 Fiat 128.
The seller has a slide show of the car posted on YouTube. Find it here.