I think that is a very good move!

I don't think Californians are qualified to comment on rust ;)

Signed, Wayne from Canada:D

Personally, I look at that straight line of rust on the fender and question the authenticity of the claim the car has original paint. It looks to me like the inner fender panel was welded and then not prepped right. The orange peel in the picture makes me question the original paint claim and in that year there should have been all that rubbler like goo that Porsche put on these cars that sealed the inner fender bracket to the fender itself. It shouldn't have rusted along that line unless the seal was broken.

Just my .02.
Probably a good call to walk away.

Can we say 74 or 75 fender was available in the past 36 years from mishap
Leaking battery acid at the battery box and left side of the suspension pan
Battery dead then frozen would split acid all over, maybe then it sat for a couple years
Bruce

That line of rust along the fender bolt flange is very common, even on galvanized cars. The vertical line down the fender is also fairly common, particularly in cars driven through slushy, salt infused winter weather and then not flushed out and cleaned. That car has many rust demons lurking in its nooks and crannies.