It is a possible thing to make the repairs to that car..check into www.metalmeet.com
and the knowledge base here...find some of Randy Fergusons posts and read those..
in orde to keep this within a doable budget figure on learning how to do metal..
there are quite a few threads about rust as well...may just look bad and just need to be cleaned..
Check body exterior for some tips on that..
good to have ya aboard..