Hello allrightythan89,
This is a tough question to answer and I will explain
There are a bunch of thoughts that others MAY have as well.
My thinking - your carb is older and may have internal issues
For this reason - I would not pay to have it rebuilt.
I would however consider rebuilding it yourself. The rebuild kit
would cost about $40.00 - -BUT the drawback is there are a few
pieces that MAY be hard to work with during the rebuild
Here is a link
http://www.holley.com/data/Products/Technical/199R10060rev.pdf
The link tells you about replacing a few pieces that MAY be a little
tough to do if this is your first rebuild.
Trust me - normally a Holley is a real easy carb to work with - -BUT
yours is older and MAY pose a few issues.
I guess even though I would really like to see you rebuild the carb - I would
suggest going for a newer 4160 - -They will run you around $300.00 BUt
they are basically plug and play.
Keep in mind - -if you do buy a new carb - -make sure it is capable of
handling a Ford automatic kick down. Even if the carb is not set-up for the
kick-down - Holley makes a kit - but that will add to the cost of the carb
Not sure if your car has an automatic or standard trani
My advice - get a new carb - -save the OLD carb - it will have some value to
a person doing a stock make-over on especially a Ford Truck which this carb
was common on.
LASTLY - - can you see where the gas is leaking from? It is possible that the
carb just needs a new accelerator pump. Of course it could need all new gaskets
BUt there is a strong possibility that it is leaking under the driver side front
(where the accelerator pump is located.
Let us know your thoughts and if you see a carb for sale- -perhaps we can offer
some thoughts BEFORE you buy it
Print Dad