You definitely don't want to try to get more $$ out of by hitting with a hammer, adjusters are not retarded.
Quarter panels aren't hard to fix, a good body shop can just cut it off, and weld it back up. If they're a real good body shop, they'll glue it in.
A new/used door, qp, wheel, repair the side skirt, ans new moldings is probably the extent of what will have to happen. I doubt any axle/frame damage from that. The red paint will probably cost you around double for the refinishing though haha.