Well, at least you aren't at the mercy of someone else to do the repairs for you.
Did you speak to the seller about the condition of the car and how it was misrepresented?
Good question, Greenstreak, this raises some interesting point about buying used cars.
Part of my job is to buy used cars to put in service as rental fleet vehicles. In every purchase I've ever made, there was misrepresentation of the condition of the vehicle by the seller, with varying degrees of seriousness, both intentional and unintentional, sometimes absolutely egregious. So misrepresentation is to be expected and is par for the course.
To your specific question, yes, I did speak to the seller following yesterday's run-through. He did express an acknowledgement of the factors that I mentioned, that were not disclosed prior to the sale. I didn't push it, because my intention from the beginning was to completely R&R the entire engine, transmission, drivetrain, and suspension. The price I paid was a bit high but not unreasonable for a shell with desirable wheels, tires, top, body kit, stereo (LOL), cold a/c, and possible reusable exhaust components. Any excess that I paid went against opportunity costs. As a sophisticated buyer, I made a calculated (some might say mis-calculated) decision to buy the car with a good professional understanding of the risks. The condition of the car, if not stated explicitly, was signaled in the low asking price. A naive buyer might have thought they were getting a steal, only to be disillusioned later. I had no illusions. It was worth it to have this view right outside the door of my office.