Update 3/21/11: This car is now listed by the seller in Hemmings. Price has been reduced to $32,000. Not a bad deal!
Original post 8/25/10: Giulietta Spider Veloce 10107 1495*10201. This car is available now in the San Francisco Bay Area for $39,875. The seller has owned the car since 1985 and has been using it since. Engine in the car is not original and has been recently rebuilt but the original comes with the car.
Engine compartment needs help. The ram air idea as explained on the sellers site is interesting, but I think I’d go original and take the .33 hp hit. Hopefully the original intake bits come with the car.
Well, if you have $40K laying around and would rather see it appreciate in the form of a rare and fun to own classic car whose value will track with the Euro then this may be the car for you. Sure, this car needs more than $20K worth of work to make it a $60K+ car, but taken as the sum of its parts -completeness, use-ability, lack of rust etc- I think $40K is about right. Maybe I’ll strike it rich and go for it.