Yeah if I had more money and knowledge at my disposal and could get the car at the right price, I'd think about getting it as a parts car and doing a swap into an auto cause there are a of autos with high milage that might be in better condition. We'll see about the one I'm gonna check out today, hopefully it's in better condition, more milage (89k) but listed at 6k so fingers crossed! This one has a carfax and is verified 1 owner, no accident car so that's always a plus.
I think the problem is people in New England are generally lazy and don't wash out the engine bay or the underside of their car in the spring which would drastically cut down on the amount of rust.