You haven't even been for a test drive in it yet, there could be a million mechanical things wrong with it.
Having done 203,000 kays, I'm willing to wager a $50 that the 200k timing belt & water pump change hasn't been done, so there's an instant thousand bucks to spend.
That front lip is damaged beyond repair, that will disintegrate if you tried to fibreglass it up & the reason the bonnet is bent up is more than likey due to someone slamming the bonnet shut while there was a tool or battery charger or something still under it...
But... it's your money
To test the suspension you really need to drive it. Again I'm guessing, but I'd reckon the bushes will all be shot (sway bar bushes, lower control arm bushes, strut top mounts) as will all the droplinks.
If you want to test the springs / shocks push down on the car hard & watch it spring back. If there is any 'bounce' back up & down again, then the shocks are fucked.