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Doing this you will likely spend as much, or possibly more, fixing it than you would get back in a sale
Maybe. I would have to do some research before I would actually bite the bullet and make that decision. But it is a possibility. And besides, it would be a blast doing the rebuild. Imagine how much you could learn about the car!
PIcs of damage? I recently bought a cooper S to do my 6spd swap it was hit in the front but has a good rear clip on it. I might be interest in buying it from you as is, depending on the damaged areas.