I've been using a product called Rustkill on my cars shell for many years. It actually kills rust (or so they say

) ... but I have watched it turn slightly rusty metal into this weird purple colour, with a noticable reaction (ie. bubbling and giving of gases, etc.).
This shell has never been outside ... but I have used it on other cars, including an Alfa Sud (but you could have put this whole car in a tin of Waxol or Rustkill and it would still have kept rusting ...

).
Pete
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ps: Remember it's all just opinions

'71 1750 Series 2 GTV: http://www.alfabb.com/bb/forums/showthread.php?p=208078