How bad is my £1000 Jaguar XJ - It could be terminal

Get 22% OFF your WORKSHOP MANUAL for your car at https://shrsl.com/4r4sv and use the discount code MARK22 I knew this car had some weight reduction in the form of rust but now that i have it on a ramp, is it really salvagable. This XJ is one of the last Series 3's with a straight 6 XK engine, the 4.2 to be specific. I have never owned an XK engined car so i am looking forward to the quirks of this engine and also excited for the 'Magic Carpet' ride they are so well known for. #jaguarxj #jaguarsovereign #classicjaguar #jaguarsaloon