I've never been a big fan of any classic car with structural rust, regardless of price, but this next feature comes with an interesting back story because it is being listed as a seller submission by Rob "The Hack Mechanic" Siegel who is known for his BMW Roundel Columns. Find this 1973 BMW 2002 offered here on eBay currently bidding for $685 with 1 day to go.
The BMW 2002 was the high end of the BMW Neue Klasse (new class)
platform, equipped with 2 liter inline-4 and is a regular on the Daily
Turismo because they are fantastic to drive, useable and inexpensive
today. The little 2002 is a great starter car and offers plenty of simple mechanical work for a young hack mechanic in training.
This one has some seriously nasty looking salt-belt rust, but I'm not one to suggest it is unsafe or un-road worthy...but if you are going to buy it, you'd better have serious metal fab skills, or a "drive it till it dies and leave it on the side of the road" attitude.
There are a few videos here on BMW2002faq.com. See another rusted out hulk? firstname.lastname@example.org