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Since you're new to restoring cars, I'll give you a little advice many of us have learned along the way. I'll call this an economic warning.
When restoring a car (or even putting a car that needs work onto the road) the big and little things often add up to big $. Many times, when the project is complete, far more cash is into the project than it would have cost to buy a really nice driver in the first place.
Now... I'm not saying you shouldn't restore your car. I'm just saying you should spend time in advance evaluating what needs replacing, and how much each of those items will cost you. Then multiply that number by at least 1.5 or 2x to figure out how much it will cost you when your done.
I haven't looked lately, but a clean '77 cutlass on e-bay may not cost much more than a top to bottom engine rebuild.
If you do buy a driver, the flip side is that you won't experiance the satisfaction of accomplishment, garage time with your buddies, skinned knuckles, or crazy looks from friends and family. I seem to always choose the restoration path. I just can't help myself.
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