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If you thinking about getting a Camaro, then you can't get it for fuel economy. It's great to own a classic car. If you know how to change oil and filters then your well on your way to learning more.
I would just make sure you don't see any leaks. (Drive it, and then look for leaks) Look for rust/calcium build up in and around radiator hoses, both top and bottom. Look at the belts see if they look old. Look at the fluids like the oil and Tranny see if they look clean. If you can take some with you who knows more then do it.
Having a great old car is...well great. If the price is not out of reach go for it.
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"The radio business is a cruel and shallow money trench, a long plastic hallway where thieves and pimps run free, and good men die like dogs.
There's also a negative side."
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