Victoria doesn't have a roadworthy each year. I've had my Commodore since '98. It's still in a roadworthy condition and well maintained mechanically.
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Yucky, the whole chassis is probably turning to cheese, i wouldn't want that on the road. Fix it and get it galvanised (the way they should have been made) or buy a new gal chassis for it. Fixing that piece will only open up another can of worms, and it will end up with the car being made of patches.
Any competent panelbeater or welder can repair that without too much dismantling. However, as mentioned, if the dumb iron is that bad then what is the rest of the chassis like???
Selling with a RWC usually nets you a lot more money than selling without.
If you are interested I know an old German bloke who fixed my doors for $30/hr. PM me if you want the details.
Nothing says you can't sell them. The offence is to offer a registered vehicle for sale without an SC.
I knew of licenced motor dealers who would call the Dept. and dob in a vehicle being offered for private sale without.
The problem is that a vehicle of common make some 8-10+ years old is of little interest to the trade except to bomb dealers and has a wholesale value of a couple of thou if it has an SC, some rego, and the tyres necessary to get the SC unless it is a very clean original low k's car. An unregistered oldie is virtually worthless to the trade without except as a wrecker. Most older trade-ins now go straight to auction.
Doesn't take much parts and labour to run up $2,000 - $3,000 if you can't do the work yourself, and that or less is all the vehicle is worth.