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Son's '02 Vauxhall Corsa - worth it?

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My 20 yr old son has just passed his test (god help us all).

2 years ago, he bought a 2002 Vauxhall Corsa with wide wheels & loud exhaust.

It was SORNed 18 months ago and sat in our garden doing nothing.

Now that he has passed his test, he wants to MOT it and get it going again.

I am wondering if it's worth it - the brake discs are rusty as hell (can they be cleaned?), there is a "large 2-3 inch dink" in one of the front alloy wheels when I guess it was kerbed which is an instant fail (can that be hammered flat again?).

Once I jump started it, the engine ran fine (apart from the very annoying loud exhaust).

Would it be worth taking it to the MOT station just to see what's wrong with it & THEN decide if it's worth it, or just clean the discs (with what?) & hammer the **** out of the wheel to flatten it so it looks normal & try again, hoping for the best?

Or throw it in the bin?

Cheers
Ian

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