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just fix what you got and work with that... drive it, learn in it, go drifting even...and when you come across another good car..buy that one, and save it for a rainy day. You'll have two cars...and you'll be happy. if it means that you have to fix the car for a few thousand..it may be worth it..it all depends on you. I would work with this car, than have no car at all and live a pipe-dream of trying to find a granny AE86.
I went to a car show today...saw some really nice muscle cars...and if you think about it...they had to deal with what you're dealing with right now...probabably even worse cases of it (rust), but they never dispaired and now they got some show-stopping cars. I would ask them about where to fix a car if I were you.. =) Generally, the further you are from the city, the cheaper the body work will be.
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