Did I mess up buying this rust bucket?

standup303 said
Just bought my very first classic car. It’s a 74 Dart. Has a pretty poor but new Plum Crazy Purple paint job, new vinyl top, new seat covers, slant 6. I bought it with intentions of installing a V8 this winter.

The car had a rust resistant coating installed a long time ago, but the more I look the more I am thinking I may have screwed up buying this car. I have been looking at Eastwood products and POR-15. With enough wire wheel/sanding work and rust specific products, do you think it’s worth keeping and building?

Duuuude ! Your Dart is in WAY better shape that mine when I got it. Check the hole in my floor ! (then replaced with a Stamped Floor Pan from AMD)

Replaced the Floor and Crossmember... + about 20 hours... cost me around 4000 Canadian Dollars.