Its probably too soon to make a judgement call on which way to proceed...
I picked up a 94 today. Been sitting for 10 years in a driveway. Engine is locked up and I found extensive rust in the passenger floorboard and some in the passenger footwell. The passenger side was wet under the carpet, so I removed the insulation so it could dry out. All the wood trim is cracked/delaminated and peels of in large chunks. The vehicle has approximately 145K miles and supposedly has a bad steering unit for which it has sat for so long.
The paint is pretty much gone but the body is in good condition. There is some rust on the upper tailgate window and may be okay. The lower tailgate looks to be in good shape. As far as the engine, it won't turn over with a new battery, so I'm going to remove the spark plugs and squirt some oil in there and see if it will loosen up.
I don't know a single thing about Range Rovers. Its my first one for which I paid a princely sum of $200 USD. Cost me another $60 to get it towed to my home and $100 for a new battery. So far, I'm into this project for a total of $350USD.
I'm going to need help, although I don't know with what just quite yet as I've only spent a couple of hours inspecting it once I got it home. I need to remove the console so I can remove all of the carpet and insulation to determine the scope of the rust damage. This will probably be the deciding factor.
The engine being locked up doesn't bother me. I've built several engines so I'm not bothered by this one.
This is my 1st post, so I don't know if I have to have a certain number of posts before I can put up pictures, but as soon as I can I will.