Yes, legally you can reject the car. If the seller won't refund your money or ignores you, you can take them to court.
You should be aware, though, that any 'dodgy dealer' will have a selection of strategies for not having to pay you once you win the court case, which you might not of course.
Attempt to reject the car but, if you get nowhere, give some serious thought to it before deciding to go to court. The issues you mention are not unusual on an old car and, as you have seen, are not an MOT failure so you may consider them something to.live with and resolve when necessary.
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