Why so many cars ending up like this

Probably realized that investment was not worth it ... especially when you can get a decent ride for 10-12 thousand ... he is going to have that easy in body and cosmetic work... not including drivetrain...
That is one rason i do not disassemble mine to redo body... i will not settle for nothing but perfect ... and perfect body work is 10G +,,,,,, who cares if body has a few dents and blems ...