Ethyl or diesel? The one I drove in the late seventies was a diesel and when you ran that thing out of fuel that was a beast you had to bleed all of the injector lines. And that's either new paint or somebody put a lot of work into detailing that thing up.
Also the transmission looks pretty wet to me could be a seal transmission or crank. Way to clean under the hood and the sile plate threshold should be worn.
I don't think the exhaust pipe should be hanging under the crossmember brace not on a four-wheel drive.
If that's enamel they probably just buffed it out threw some wax on it which is just a temporary fix in a month or two it'll be showing it's real dull paint.