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Take the car apart and get the tub media blasted. This should cost you about $700 give or take. Then you will see how bad the rust really is. At that point you will be able to gate a realistic assessment of whether or not to proceed with restoration. If you decide to part out, the parts are all sitting there in labeled baggies. If you decide not to, you are ready to to fix whatever needs to be fixed and paint.
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Jerry
78 SC hotrod
02 Mini Cooper S
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