Hmm... you would have to really want it and even if you did "restore" it, it wouldn't be a number's matching car so I don't know. A whole lot is missing.
How does it happen? An idiot gets a car.
I once watched a 93 Cobra go from a prestine low mile car to a junker. Waffle House cook got it and daily drove it, every time I saw it, it seemed to have more damage to it. I saw it quite often for about two years and the last time I saw it, well, it was just another ragged out rustang.