It is actually a little rusty below the master cylinder. Not so rusty that its weakening the frame, but rusty enough the paint is starting to turn etc.
While on that topic...I didn't really consider rust much of a problem...but apparently 240s are plagued by it. I've been driving pretty rust-free cars for 8 years now, so I didn't think to make a big deal out of the rust I did see.
I was concerned with the wheel wells, and there is no rust on them.
No rust below the doors, but I didn't check under the seat area carpet.
Rust below the master cylinder, but I think it just started, just has some discoloration of the paint in that area. No rust around strut towers or any other spot in the engine bay.
There was some rust on the spare tire well, creating some bubbling through to the area behind the rear license plate. Probably the only spot on the car where rust is visible from both sides. I think this is because the previous owner removed the spoiler and left the holes open.
Remember, I still don't have to buy the car if something serious shows its ugly head. That's why I asked you folks, so you'd tell me the areas where I need to be damn sure its sound.
Apparently I'll have to bug the kid and have him jack it up and get under to check out the frame.