Hi - new boy after some advice and wisdom please.

I'm after a pre-98 morgan so I can fit a tow bar, and my budget is modest, but seems to be adequate as long as my tastes don't go too exotic. One of the options I'm looking at is a Fiat engined 4/4 1600TC. Assuming the car is generally in sound condition, would this be a reasonable choice as a first Mog?

Thoughts and experience please...

Thanks, Phil