As the ad states, it’s rare to come across a 1956 356A in restorable condition, but it’s also true that this car requires a lot of work—a lot of work means a very high budget.
We know this well because we recently restored a 1965 Alfa Romeo in similar condition, thinking it would still be worth it, only to discover the financial disaster that ensued. But in the end, it’s also a lesson for the future: assess the value of the restored car, estimate the restoration budget (the hardest part), subtract the latter from the former, and you’ll know how much you should pay for the car.
In this case, we have a car that seems quite complete, but with an engine and transmission dating back to 1955, so it’s not a matching numbers car. We haven’t seen the CoA, but from the dashboard, it’s clear that the car was originally white (or Dolphin Grey), or at least not the “resale red” it’s currently painted in. The bumpers are present, although disassembled, which is important because any missing parts on this car could contribute in blowing the budget. Find it for sale at $35,000 here in Yucaipa, CA.
Classic Virus 
A lot of Porsches, in particular earlier ones, had “rotation” engines substituted directly by the factory, usually these engines have a “KD” (Kunde Dienst = Customer Service) prefix before the serial number punches. In many case the substitution was reported in the production sheet, along with correct engine series, gear series, body and seats color and others. The question is if the current engine belongs to the correct series.
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