Excellent!
How good the parts bin car is depends on the what kind of parts are in the bin.
Not exactly a bad thing to build a car on Benz bones at least back then.
Just a note on the 300 here. My fathers friend won one on some kind of contest. Many people though the car as odd due to the doors. He soon sold the car due to the fact he has a single garage and could not open the doors in the garage due to clearances.
He sold it and bought a Corvette.