2004 Toyota 4runner SR5 - Rust

Looking at buying a 4runner but honestly don't know too much. Dealer has this 2004, rebuilt title, 77k miles. Haven't been able to test drive yet but below are photos of the accident it was in (it's been fixed up and has a pretty clean body) as well as some photos of the underside. Is this too much rust? What should I be looking for when purchasing? Thanks!

 

Welcome to the forum,

For me, this runner would be a pass. That is a large amount of rust (Appears to be covered up with undercoating...)

 

Thanks, appreciate the response. Looking around at some more threads about rusty frames and ya seems like a good amount of rust. Miles were very appealing but doesn't really matter if it's about to rust apart ¯\_(ツ)_/¯

 

3rd picture shows rot through, looks like rear bumper reinforcement, replaceable, but costly...