Where's the rust?
I'd pay $1500 for it.
probably more if the rust wasn't too significant and/or in an easily reparable spot. Though it's probably in the rear quarter panel
I think a coupe would make a great project car, as they have pretty nice shape (aerodynamically speaking) compared to the hatchback. That, and all the VX/CX stuff should swap right in for a killer highway machine.