Congratulations on your 122!
Your father is correct that working on it is a great way to build mechanical knowledge. Parts are readily available from multiple sources.
As one who has been the owner of several Volvos over the years I want to say this.........These cars are becoming more rare and have become historically significant examples of midcentury Swedish automotive excellence. You have been entrusted to preserve that car for future generations. I encourage you to keep the car in proper condition and not modify it or damage it.
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