You need some cross bars on that cage. It will just fold how it is now. Since it needs work just change the front cage now. make some nerf bars that it has mounts for already.
Once you got it fix and looking good do not sale it. Use it as trade bait.
Or just try to lower the whole cage down by cutting off some off the bottom. Just moving the cage down may make it look better. But for $60 you got a great deal you should be more than happy with that. I would be.
Or just take the cage off.