What is this part and is it bad that it bent?



Also what is this plug?



Finding little crap as the days go by of owning the car, I hate people who dont tell you everything before you buy a car
Yes I checked over it but no I did not get underneath it to check that out. I probably could of gotten it for even less money if I had seen that crap

 

Power steering Valve body cover. And that plug is for your oil pressure sending unit, try and clean as much oil off in that area to help you find a leak(if any, oil drips everywhere during filter change)

 

It is not even a cover, it is just a pan to catch the eventual PS fluid leaks. You can get it for a very few $ in junkyard.

 

I'd be more concerned of my Power Steering Valves and try to see if there has been any damage to them, if not, then I'd just straighten it out with a hammer and bolt it back up. You don't really need it but its good protection for slammed cars.