4cly fox convertible $1000, worth it?

[bmxmon]

Hey, i just stumbled upon a fox convertible while out with my friend who was looking for a vehicle. This fox was in the back, a local trade in. It would need a new top, front right fender, (probably left too) and maybe the lower rear quarters. The rear quarters showed some rust, but I'm not sure if it was all the way through or just surface. The dealers said it runs and drives well, just doesnt look the best. I believe the interior was all right, except maybe some thing missing over part of the spot where the convertible top goes??? Not sure if something was missing or thats just how they are. My plans would be to leave the 4cly in there for awhile probably until done with college or at least my 65 stang. It would be the commuter. Thanks for any advice. I live in northern Minnesota, so you gotta kinda take that into account.