Typical condition of many of these cars, especially the older coupes. It will need a full restoration unless you want to drive a ratmobile.
Vinyl tops crack allowing water in and rusting of roof results.
Drivers seat tends to crack the frame as people lean back to get the keys out of their pocket. It likely will require some welding unless you replace it with a frsme from another car.
Spare wheel well can hold water and rust as well as rear sills, especially if drain ho;es are plugged, intentionally or otherwise.
Don't do facebook but if it's a Victory Edition it would be nice to save it as such with the thought of "Save the Special Editions, modify the regular cars." Not that they are worth more money just because they are rarer.
Parts are cheap and available (although the costs do add up). These project cars are for those who enjoy rolling up their sleeves and the journey to completion is as enjoyable as the destination (which is enjoyable indeed). That destination will get you a car that will get attention like many much more expensive cars will not.
You didn't say what you paid for the car.[:)]
Oh, and not a shock the slant four still purrrs. Back in the day, They were voted Europe's most reliable four cylinder (as found in the Saab).
The technical expertise and willingness to help on this forum will get you through any problems you come across.
TR7 Spider - 1978 Spitfire - 1976 Spitfire - 1988 Tercel 4X4 - Kali on Integra - 1991 Integra - Yellow TCT