I've just gone through the "fix the play in the steering" saga with my Renault. If you have a Haynes Manual (or equivalent) and someone (or a few people) mechanically minded, it's not too hard to change steering/suspension parts over and replace bushes. And I'm guessing you'll have a much easier time finding parts than I did :)
The rust is harder - perhaps someone knows a friend of a friend who might do it for you for a slab? I got the Renault done by a guy working out of his backyard (on recommendation from a professional) - took longer than a pro, but the job was just as good, and cost me less.
As for the engine, I rebuilt the one I had (and was without a car for 2 weeks) but it was well worth it. Go with a reconditioned one if you can make ends meet, it'll save you money in the long run.
All up I've spent about $10k over 5 years on a car that I paid $400 for and would get $400 for if I sold it (nobody knows what they are). It's a "love job". I love my car, so in the end the money doesn't matter (though it always hurts when the bill comes =P )
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The rust is harder - perhaps someone knows a friend of a friend who might do it for you for a slab? I got the Renault done by a guy working out of his backyard (on recommendation from a professional) - took longer than a pro, but the job was just as good, and cost me less.
As for the engine, I rebuilt the one I had (and was without a car for 2 weeks) but it was well worth it. Go with a reconditioned one if you can make ends meet, it'll save you money in the long run.
All up I've spent about $10k over 5 years on a car that I paid $400 for and would get $400 for if I sold it (nobody knows what they are). It's a "love job". I love my car, so in the end the money doesn't matter (though it always hurts when the bill comes =P )