How bad does this look?

I agree with the many that have said 2K is to much. I agree with the many that have said the rust is to wide spread to be cost effective to repair. I wouldnt buy that car but as I read all the posts you kept coming back and giving reasons why you want to buy this car so it appears that your mind is really already made up to buy the car. A few things to consider, does your state have a yearly inspection. If so I would only buy the car after it passes an inspection. Offer to pay for the inspection before you buy it, if it passes theres no issue, but if it doesnt you havent lost the 2k. Its one way to make sure the underbody/frame is safe. Its really hard to believe that a car that has sat outside in the elements and rusted as bad as this car has, that the underbody/frame wont have the same type of rust issues.
Another thing that would seem to be a problem is that you say the car is for your friend and not you. Both names will be on the title and insurance? Again that is most times the best way to end a friendship. It all sounds good but once the car starts to need money thrown at it one preson ends up paying while the other doesnt want to put more in it or doesnt have money to invest. Just a bad situation most times.
The last thing you say is that the owners grandson will crush the car. If that is really the case why does he want so much money for it? he will only get $400 maybe $500 bucks tops to scrap it. If you want the car wait until just before he decides that then give him $600 for it. Its really only worth that or more if you scrap it out. And then you have to find people to buy the parts which usually means storing the parts somewhere until you find buyers interested. Remember the exterior body parts are going to be worth nothing.
Best of luck and I hope you make the right decision.
Rod

In all honesty, I don't have a clue why I like this car so much, but I really do. Fortunately, Florida has no inspections and pretty much anything goes. It's the grandson that wants the money, it's his uncle (one of her sons) that is more willing to scrap it. He also wanted to do it to the Valiant she used to have just because he doesn't like Chrysler because that's about all he saw when he worked at a garage. The only reason I'm gonna be on it is because this is going to be his first car and it's going to be cheaper if I'm on it for a while since I've had a truck insured under my name for awhile. And not only is it gonna be a driver for him, it's gonna be a project for me and he'll be learning along the way because he wants to learn about cars. I've already put about $100 in getting the gauge cluster working again, but I'm going to be paying for repairs anyway since that's my project. It's going to be a nice first car for him, and a project for me when it's home, and it's mostly cosmetics as far as I can see. I know a guy that seems to know everything about Mopars, so when I get a chance, I'll drive it the two blocks to his place and see what his two cents are. For all I know, he may have body panels for this. He had several different clusters he would've given me and he gave me new window cranks for it. Either way, he's gonna drive it until something major happens which could be a month after he gets it, or five years. It seems that I fund dying causes for some reason; my daily is a 1990 GMC S15 that I bought for $900 four years ago, and it's been falling apart ever since. It was driven once a week for six years, and had about 10K miles put on it in that span and I've put almost 60K on it in four years. It's getting hard to think of something I haven't replaced and I think I have about $3000 in repairs in it since I bought it. But none of it has ever been for the engine or transmission, just everything around them. That old 4.3L runs crazy good and there's been no problems with the 700R4 until recently and I will put a new trans in it if I have to, I plan to either see the odometer roll over at least once and I'm almost 1/5 of the way there at 193K on the clock. But right now, I have the grandson mad at me so I'll be dealing with his grandmother now unless I patch it up. I kinda have to since we work together and I've known him since high school.