I just bought (sight unseen) a 1971 Fiat 124 Spider 1600cc, which I found through BaT (yes, its the red one). I'd say its just below daily driver in terms of condition. But the most important thing is its completely rust free. It has about 80k miles. Needs a new clutch (soon) and the drive shaft probably needs to be rebuilt. I also just ordered some new coolant hoses from midwestbayless in preparation for its first Californian summer. Its a 2-owner car that lived in Florida its whole life. Its been well taken care of. I've got paper work and some interesting newspaper cuttings going back to 1972.
Although I've always thought of myself as a British car enthusiast (I've certainly owned enough), but when I was born, my grandfather picked me up from the hospital on his way back from the dealer after buying a 128 sedan. So my first car experience at 0 days old was in an Italian car

Its such a pretty thing. I'm still obsessing over the sexiness of that crease that goes over the top of the doors. One would be hard pressed to find anything prettier under $50k right now in my opinion.
I'm still going through the motions of discovery and maintenance but I thought I'd also ask your opinions on a problem I have. An yes, its likely electrical (damn stereotypes). After the car was running for a few minutes, I switched it off and tried to restart it. But I got nothing. Literally nothing. The engine obviously not turning over, no clicking sound from the starter, nothing. Puzzled, I got out and after a few minutes of just looking at various things in the engine compartment, pretending I knew what was going on, I tried the key again, and it started. I had a look at the Fiat wiring diagram that comes with the owners manual and it appears that the ignition switch goes straight to the starter, which must mean, the starter has a built in solenoid. I'm guessing there are bad contacts somewhere along the path? Or is it typical for the (likely) original starter brushes to wear out at this age/mileage? Also another thing I noticed was that, one time, after starting the car, the starter did not disengage. I had to stop and start the car again, and it was all right again.
I hope this new found passion for Italian cars is the start of something beautiful.
Sorry I have no pictures right now but this is a link to the ebay listing; http://www.ebay.com/itm/1971-Fiat-Spider-/151235048281