An unfortunate consequence of the rising prices (see the Gooding Auction at Amelia) of the Pagoda is that a lot of needy, long neglected and otherwise cars too far gone are emerging from "barns", garages, backyards, storage lockers and more. Sellers and flippers seem to think that they have struck gold and are asking alarmingly high prices for astoundingly terrible hardware.
The old maxims still hold true. Never buy one sight unseen, and buy the best you can afford.
If a full restoration project is what you want, such as that offered by this car here, or the other one on eBay at the same price (sans engine!) my suggestion (FWIW) is buy an old Brit--such as an MG, or Triumph. Despite their orphan status, the parts are as plentiful, relatively inexpensive, and you can have as much fun with that as a Pagoda. The kind of restoration indicated here on this Pagoda will test your bank account for certain.