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Oh yeah, we have the technology. We can rebuild it!
If the hard points in the unibody had been compromised, I'd call it quits though.
The saving grace: it looks like the outside of the rockers were professionally replaced (welded in, proper gauge steel) at some point. If they hadn't been, the car would have folded up long ago because the three internal rocker members (it's got 5 total "layers" in the convertible) have since retired from any contribution to structural integrity! (On the driver's side anyway. The passenger side is in better shape.)
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