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Depending on the money, I'd buy it to restore. There are a lot of older Zs out there so I'd consider the time investment....unless the time investment is the purpose.
Thinking restoring it but I have never come accross something like this. So I was asking to see if it is worth it. So far I don't think so. I have another one to look at tomorrow.
Man! Judging from those photos, there's some major body work needed before you can do anything. I think that era tended to be rust monsters anyway, but this one looks really bad. You're looking at a lot of welding and panel replacements. Kind of makes me wonder what shape the frame is in also.