Mark speaks the truth! I got a 110v Century MIG 25 years ago, and it's paid for itself two or three times.
You are asking for advice, so here's mine. IMHO we have eclipsed the day of using a piece of a Cadillac hood to fix a 914 floor pan, or whatever home fabricated patch. These cars are on a trajectory to significantly appreciate in the next 5 -10 years, and trying to save a few bucks today could cost in the long run. That said, it's your car and you should proceed as you see fit.
In the FWIW department, there was a 70's Cadillac hood that had a step that lined up pretty good for a 914 floor pan patch.