That looks like it can be fixed, and probably for not a whole lot. You may end up with a salvage title if you don't play it exactly right with the Insco, but it you plan to be buried in the car...

__________________
Respectfully,
/s/
M. Dillon
'87 124.193 (300TD) "White Whale", ~392k miles, 3.5l IP fitted
'95 124.131 (E300) "Sapphire", 380k miles
'73 Balboa 20 "Sanctification"
Charleston SC