Number 3 here for the Valiant, mid 60's, can't remember the exact year. However it never hit the road. I was 14 and my dad told me if I wanted to drive I had to learn to repair my own car. It was given to me by my uncle and had no reverse. Can't tell you how many times I practiced brake changes, tuned ups, carburetor rebuilds and who know what else. Unfortunately the transmission was too much for me and it never hit the road.
So my first car was a 60 something VW square back I bought for $50.00 just before I turned 16. The motor was blown and the floor was rusted out so it was also a project car but it did hit the road. It lasted about 2 years and yes the price of gas was 25 cents.
Similar story for me, in two different regards! My dad had a '62½ VW Beetle (yes, it was in between a '62 and a '63, as they just implemented changes to VWs as they became available at that time). The engine seized (spun/burned a bearing), and my dad threw it into an elderly relative's empty garage, intending to fix it someday. After a few years, with nothing having happened to the car, I asked "If I fix it, can I have it?" My dad agreed, as he knew at this point he would never get to it, and it was almost worthless. So I bought another engine from a junkyard, stripped them both, cleaned them up, my uncle honed the jugs for me, and I assembled one franken-engine from the best parts of both.
I got that installed and running, but then turned to the other parts of the car. Holes in the floor, brake cylinders were totally frozen, etc. But, the problem was, this was now getting to be late in the summer before I went to college. During my freshman year, the elderly relative died, and the house was cleaned out and sold. I never saw that car again....
It looked something like this (including the ragtop sunroof):