I picked this up for, what I felt was cheap enough.
New tires, battery, included variable belt and some seals, etc.
It runs nicely but has a water leak.
While I wanted an older model, this came up. I have other Italian motorcycles and some Japanese also, but after having a Yamaha Riva, and making a few trips to Italy, I longed for a Vespa.
The problem could be a water pump seal, Head gasket, cylinder, case? I don't know yet.
The metal was 'freshened up' with '#120 paper and a rattle can' in some places.
JB weld was used in others.
It's complete, save the side stand. All electrics work.
It's not terrible. It's a decent "20 footer". (Looks great from 20 feet)
I realize there's no such thing as a "free (or cheap)" boat, car, motorcycle. I like tinkering and enjoy projects so this will do.
I'll add details as I get going.
1) drain the oil (cappuccino?) and water and flush the engine. I'll flush a couple times with fresh oil.
1a) Find a service manual.
2) while the engine interior is soaking in fresh oil, I'm going to thoroughly clean and disassemble the metal bits.
2a) I'm anticipating having to change a head gasket and hope it's not a cracked cylinder, case, whatever.
3) Properly repair the other repair work. The PO tried and did the best he could. Nice, honest guy also. He was just over his head in mechanical, and admitted it.. to himself.