Need some electrical help with my ‘68 Plymouth Valiant 100

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Lesson #1: Only do one thing at a time and take "before" pictures.
Lesson #2: Don't throw anything away for your car.

First, since you are just beginning, don't make any changes to your car yet. Use the correct parts for your car. It gets confusing at first. Safety first. Brakes. There should be tell tale signs of fluid somewhere. Inside where the master cylinder is bolted to the firewall, out of the drums, brake lines, or wheel cylinder bleeders. This is not rocket science, you can do it. Old is better than new. Rebuild what you can, buy what you need. Skip new brake hardware, some of it is absolute junk. Drums will work fine for most people. You should be able to get it going for little money. Let us know what you find...

New voltage regulators are solid state and should take your factory connectors and even the factory cover.
Have a parts store test the alternator. Next clean connectors (one at a time) and coat with dielectric grease to prevent corrosion before reinstalling. Make sure connections are tight. Same for grounds.
 
Agree with all the above. Putting in a new good hi amp battery goes a long way also.
 
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