Yes it is possible to drop the fuel tank and rear beam with the car on axel stands.
You will also need a good trolly jack as the rear beam is heavy and you can use the trolly jack to lower the rear beam once it's all disconnected.
First thing is to clean the threads on the bolts which hold the beam on with a wire brush and get some penetrating oil (NOT WD40, Plusgas is good) and start soaking them for a few days as if they snap it's another problem to deal with.
When I jacked up my car I used 2 trolly jacks on the rear beam got it nice and high then put 2 axel stands with a block of wood on them under the 2 rear jacking points on the sills and it was fine to work at that height.
Might be worth looking into new rear brake hoses if the ones fitted to the car are old as it's alot easier to replace them while doing this job than at a later date and if things rusted up you can cut them remove the rear beam and work on them with more room.
I put the rear wheels back on once I lowerd the beam and dragged the plastic sheet I was lying on out of the way as I found it alot easier to move around.
Just check and recheck you have removed everything from the rear beam before lowering it on the trolly jacks. (hand brake cables, brake lines, rear shocks etc...)
If you look at page 4 of my old thread you can see what I replaced and how I removed the old bushes, the hardest bit was getting the fuel tank back in!
viewtopic.php?f=16&t=1729&hilit=respray&start=45
Lots of info in the haynes
Mk1 78 Scirocco GLS 1.6 FR, weekend toy.
Mk1 88 Golf GTi cabriolet 1.8 DX. Daily drive.
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