I'm holding off on buying a Bug. I need to do more research. Thanks to Curtis I found a great site that does custom restores. So let me dabble a little bit in what some of you eye as my mid-life crisis.
Like I mentioned before I want to have an extra garage bay to keep it in. The last thing I want is to spend all that money and have to leave it out in the winter. So this little hobby, if I so chose, would cost me not only the car but a $XX,XXX addition - not a cheap hobby.
Yet it's still fun to look...
I found this beautiful 1979 Volkswagen Super Beetle Convertible (picture above) with only 68K original documented miles, completely restored and with a new engine. I love the color, River Blue. The car is located only 15 miles from here. Most bugs I find, on eBay and the like, are in the south or California which is good because they're less likely to have rust. I'm not too sure what this one's history is in that respect but it's apparently rust free.
From what I hear the engines in the 1974 and greater bugs were very problematic. That time period (74-79) was Volkswagen's first foray with fuel injection - the "fuelly" as they are known. Because of this, the one above's engine was replaced with a new pre-74 carburetor-type. Which in my estimation, and others I have spoken too, doesn't make it lose any value.
I won't tell you how much they want for it; my fiscal conservative cover would be blown. Remember, I'm just looking.
Because of the "fuelly" problems, better resale value and just general style, Chris Vallone, a custom bug restorer at ClassicVWBugs.com, sticks with bugs no later than 1972. He's got some beauties, literally museum-style, and will let you build-a-bug, just give him what you want and he'll restore every nut and bolt.