I would say , have a good mechanic look at it first , then make your conclusions from there . I have seen cars look worst then that turn out to be gems just because the buyer had a good mechanic look at it , that inter-cooler hanging could have been caused by the towtruck , etc , Non running might be a big or small problem , Good to have a mechanic look at it then make your decision , Also , I feel the cars probably worth more then that in parts so you cant really loose .
Can you get a picture of the undercarriage?