My all time favorite car would be a 356 Porsche speedster with a carrera engine, a pinnacle of engineering.
The next best option and manageable price is an air-cooled VW. Bugs and vans have always been a classic and easy to work on.
Using The Samba, a site dedicated to air-cooled VWs, I was able to pick up an excellent 1961 VW bug. A project car none the less, it is was something I looked forward to.
After getting the car home, here are the things I knew I wanted to do over time:
Lowered VW bug
Replacing the headliner
Dashboard view while replacing headliner
Headliner requires taking all the windows out
Dropping the transmission to be rebuilt
Transmission out and ready to take to the shop