It is hard to turn down a $200 car, especially when your car needs a little work. Call the salvage yards around your area. If you can find a hood and front fender in the same color, that would be great. I believe 1998-2000 are the same design for the front.
Just a caution, some of the anchoring points for the hood and other parts may be messed up and need careful hammering to get back to the proper position. Installing the hood is best done with 3 people, the hinge has to be exact. Plus the car alarm forr the hood is on the driver's side and the tollerance is very close.
If you know what you are doing, then get started. If not, watch out for the electronic throttle (ETM) as an ongoing trouble area - it is covered by Volvo until the year 2010.
Used parts can probably run around $500, which is what it would take to fix your current car.

Klaus

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The 164 has a new home, all I am left with are a 95 854T and a 98 V70R :)