My first was a 1968 corvette passed down through the family. My grandparents bought it because it was this brand new body style that had just come out.
My mother wanted it VERY badly when she went off to college so my grandmother said she could have it on one condition. She was never allowed to sell it; it had to be given to the first born grandchild. Lucky me!
At the time I turned 16 it was in well loved condition, meaning well driven

. It ran but needed to be gone through in order to be reliable. It also still had the origional and matching equipment. I mulled it over for a long time and decided that I would wait a while to try and restore it (I had a couple of friends who had convertibles and between the 2 of them 3 tops had been replaced after cutting in the school parking lot). I didn't want to put money into it only to have it vandalized by stupid kids.... so, I bought a cheap car and drove that and the vette waited restoration in some storage building that my dad had. I would drive it around when home from college etc. just to keep it running.
Flash forward a bit and by 2003 I had been out of college for a bit and married and my wife and I had our first house (garage!). My father was selling the storage buildings and so I brought the vette home and got things running pretty good. The vette had new paint (not a great job but new), shoes, brakes and ran pretty good. I was planning on actually pulling the engine and doing a frame-on restoration (was at the time debating on doing it frame off or not). I bought a lift and parked it. In 2005 it was destroyed in a house fire. In hindsight I wish I had just fixed it up from the get go and gotten to enjoy it a lot more than I did.
I think I've posted these before but here's another look:
A sad ending:
Rob