Should I or shouldn't I?

[abri]

If your intention is just to get it running from A to B, it might be worth it, but think of it this way - to restore this to anything like good condition will set you back at least another R15k for a spray job (at least!), then you can probably expect the standard things to require fixing before a roadworthy. Quite soon you'll be at R30k total before you've done very much. If this particular car has some sentimental value or you're planning to do a labour of love and keep it forever, then it's worth it, otherwise forking out full restoration costs (in 2015 terms) on a run of the mill 1275E is throwing away money. That's my 2 cents opinion