Thoughts on this trade?

As a general rule, never own a Honda that has previously been owned by anyone under 30 years old. That's applies to the ones that appear to be in good condition. The only reason this should even be considered is if you just want to learn to do the body work. If that's the case, take it from someone who's already made the mistake of under estimating the cost and time needed to do something like this. Go over the car from bumper to bumper, top to underside and write down everything you see that isn't 100%. Then price the replacement for each thing. Then think about raw materials; sand paper, masking tape, welding wire, gas, body filler, paint, primer, thinner, hardner, sealer, under coating, cutting disk and so on. Take the cost of everything and add 50% (to cover the cost of everything you missed/under estimated) to it. That will get you close what you're going to spend out of pocket. Then compare that number to what one in good condition can be bought for.

That's a really good idea! I will do that tomorrow when I can go take a look at the car again.
 
If it has been rubbed back, primed and then rubbed back, and it has been exposed to the weather for a period of time, you will more than likely need to take the whole metal area back to bare metal and start again.

Undercoat or primer is very porus, that is how it should be to allow the finish coat to bind.

Being porus it attracts moisture and that moisture will be transported through the underlying paint and can cause the base metal to rust.

The only way to solve the rusting problem is to start from bare metal.

No matter how much or how good the paint is, it will rust from underneath as the oxiditation process has already started.
 
If it has been rubbed back, primed and then rubbed back, and it has been exposed to the weather for a period of time, you will more than likely need to take the whole metal area back to bare metal and start again.

Undercoat or primer is very porus, that is how it should be to allow the finish coat to bind.

Being porus it attracts moisture and that moisture will be transported through the underlying paint and can cause the base metal to rust.

The only way to solve the rusting problem is to start from bare metal.

No matter how much or how good the paint is, it will rust from underneath as the oxiditation process has already started.

Interesting, so I would not be able to see the rust, but the whole body could potentially be rusting as we speak?
 
Where am I? Not Michigan! :p

I don't want to weld to rust, I want to take the rust out, then weld it to the good stuff.

Here in Mich we just drive 'em till your feet stick thru the floor :o
What I'm getting at is by the time you get to solid enough metal to weld to it may need more than patch panels. How are the mechanicles on it? Check it very close, check sub frame in front that it's not falling apart, and where and how it attaches to body. Plan on needing a good compressor and sand blaster also.

As in humans, cancer is a biotch X(
 
Here in Mich we just drive 'em till your feet stick thru the floor :o
What I'm getting at is by the time you get to solid enough metal to weld to it may need more than patch panels. How are the mechanicles on it? Check it very close, check sub frame in front that it's not falling apart, and where and how it attaches to body. Plan on needing a good compressor and sand blaster also.

As in humans, cancer is a biotch X(

ahhhh I gotcha, no floorboards are a plus though! Flinstone power! I:I

I see what you are saying, I will look over everything! Kinda not leaning toward this car anymore, hmmmm :/