There are many, many variables to consider with this question. Are you looking for a decent runner/driver, a full concours car, or something in-between? Are you ever planning to sell the car or did your grandfather buy the car new and it will be passed down through the family until teleporting is perfected? Is your particular car worth it? Some models, such as 1971-74 small-bumper Spiders, are wonderful cars, but are undervalued in the market place and will not yet support a major restoration if resale is a priority.

Consider the following:

Pick a model you enjoy. I really like my 1966 Giulia TI, but I am quickly getting more invested than the market will currently (ever?) give me for the car. But I don’t care. Without getting crazy, I would like it to be nice.

Buy the best car you can afford. Generally, you can buy a restored car for less than doing a restoration. This can be tempered by the fact that you may want to do a restoration for pleasure or you want a particular combination of modifications.

Buy a complete, solid car. Missing parts on a Giulietta simply may not be able to be found. And, the demon rust can become your most frustrating and expensive enemy.

Assess your skill level. What can you do well, and what should be farmed out? This is a good way to estimate a budget. It is easy to get quotes on an engine rebuild, paint job, new headliner, etc. Then add the parts cost of what you can do yourself. It is important to be realistic about your skills. If you assess your skills properly, you will have much more fun and the car will actually get restored.

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