Mines gunna be the same, and I also dispise my car...till the right foot goes down

What noise? Mk3s do have a noise when accelerating, bit like a leak. Seen a few threads about it and nobody knew why!
It may be a money pit at the moment, but perseverance will bring a decent car thatll last a long time!
Who quoted you for welding? If it was the mot place I'd get a couple of quotes...