Is it worth fixing my clear audio concept

I do want to keep it if not difficult (to expensive) to fix.

Sounds repairable the way you describe it. A tonearm re-wire can be done economically. You might even want to upgrade the cartridge at the same time.

+1 Millercarbon.

The Concept series tonearms are almost certainly worth repairing unless extensively damaged.
The Verify arm retails for $1500 and the Satisfy tonearms list for $2000-$4000.  

These arms feature continuous strands of wire from cartridge through to the terminus of RCA plugs. 
Unless you're handy with repairs as MC mentions, you can order a kit or there are several rewiring services around.
 Start with your dealer, or contact a site similar to: britaudio.com. Guessing somewhere south of $350.  

BTW, Just my opinion, but the Rega RP8 very well might not be an upgrade for you, once this gets set up properly.

Good luck.

have it fixed. you can post pictures in the virtual systems section of this website.
ask Clearaudio for a recommended repair center.

sandstone, thanks that is what I thought but not that familiar with this specific arm. My great preference is for arms like this with continuous phono leads. The cartridge signal is exceedingly faint and the worst thing you can do is run it through a bunch of connections. Hard wired phono leads like this one are a lot better. This is the kind of thing where an accident repair can easily turn into a worthy upgrade. Far better to put a couple hundred into repairing and upgrading this wire than trying to buy a whole new turntable. Especially since this table will get you next to nothing in this condition. So it really needs to be fixed either way. Might as well do it right and have a better table in the end.