Date registered: Jan 2006
Vehicle: 73 280SE 4.5, 71 300SEL, 03 BMW Z4, 72 Fiat 850, 80 Triumph TR7, 85 Porsche 911
Location: DC Area
Mentioned: 1 Post(s)
Quoted: 99 Post(s)
I mirror Winegarden's statements. If the car is worth something to you (your grand dad's car, a car you were born in, the car your parents left on their honeymoon in, for example), then I say spare no expense. But if this is a car you wouldn't shed a tear over after it got t-boned, look for something with better bones.
That stated, your comfort level with rust may be different than others. Where is the rust? Is it surface rust? Fender rot? Structural? Do you have skills enough to do repairs yourself? My time is worth little to nothing to me, so I can spend it on any number of lost causes, but the same amount to a professional will start at $45 per hour, and end up emptying my wallet in no time flat. I also do my own painting, and for a car that large, you'll end up paying into four digits. I could paint that thing with a reputable brand paint and three coats of clear coat for $500 in materials only.
Before you take it to a professional body place, why don't you go into YouTube and look up car rust repair, and basic welding, and basic body work. I think you'll find that there are a lot of things even a beginner can do and master, with or without a garage.
Can you send some pictures, to give us a better idea of what you're facing?