[Mr.Chevy4x4]

Definitely plausible. We had a 1987 El Camino that was donated to our high school auto class due to one of the tie down hooks pulling through the frame during train transport. They use hooks on the ends if the chains that lock into the oval holes in the frames. The tear in the frame was extremely minor and could have been easily repaired, but apparently GM couldn't sell it due to the frame damage. Perfect car otherwise. Looked just like this car.

Always wondered what happened to it.

Mike