Yes there is more to it. It is possible that a brake line broke or a flex line. Possible a caliper is seized or if the vehicle has rear drum brakes the rear wheel cylinder is leaking.
Hello chubl.... When a car gets to be the age of yours it is common to have brake line failure. Get that car up into a rack and have the brake cables inspected. If they are bad, replace them and then add the brake fluid. Joe
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