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Socratic question of Pantera restoration.

OK, here is what makes no sense to me at all. You read all the time where a car says full rotiseerie restoration, over 100K dollars spent. And I can see that since they take three to five years to do and you have to put on bunches of new parts. So I am not questioning that at all. We tell newbies all the time if a Pantera is rusty to not buy it, and considering the above, it is sound advice. So wouldn't it make more sense to throw a rusty Pantera away than to get it fixed for a net 40K dollar loss? From a financial perspective a person would be a fool to repair a Pantera. So if a Pantera has rust, it has a negative dollar value and should be thrown away and perhaps written off on taxes as a total loss?????
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