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So I found this on craigslist today. Looks like a project, but possibly a great deal.
97 turbo miata

wow...whole miata for the price of the kit

This is the reply from the seller when I sent him a couple questions the other day:

I called this guy and am going to look at the car Sunday late afternoon. The guy said he was running 15psi with a pipes ACU and a Vortec FMU and went 13.2 at 106. He said it won't start right now cause it's been sitting since 2005 or 06 but it will crank over with a jump, but won't start. He said the manifold is an HKS and the turbo is a T25 from a Nissan 300ZX? I am gonna go check it out as it's only about 45 minutes away. It looks and sounds like a piece of shit, but you never know. I have the power to turn $1500 into triple that. R title he said cause of a flood in Texas? I'll just give my plot away so I don't waste the money and piss off the fiance by having another car sit around...
Buy this, clean it up, put a good clutch in it, an MSPNP and an LC-1. Sell it for $6000OBO with a 13.0 second timeslip. Word to your mother.

Clean the windshield before you drive it.

I just got back from looking at this thing. It was covered in dust, but I can say this, someone is going to get a deal. The original motor is sitting behind the car with an IHI turbo bolted to it and a big hole in the side of the block. The engine in the car looks to be a 1.8 with what the guy claims to be an HKS manifold with a 300ZX turbo. The car comes with a newly installed softtop (which is in great shape), the extra motor which is a junk block but good head and turbo, and a bipes ACU and 1 of those APEXI I think, fuel controllers? The vents are where he chose to mount the gauges, AFR and boost. I think it's a Starion intercooler, but it is a pretty decent DIY setup. Someone needs to by this. I would but I don't have the room or the time.

Did you get a good look at the condition of the body? Did you get under it? Was it rusty? I can't waste my time on any more rusty cars...

I looked at this car on Sunday night about 7PM. It was really dusty, but it was all there, near perfect body. I didn't hear it run, but I can say it was definately worth the money. I told the guy I'd let him know by Friday if I wanted it or not. He emailed me the next day and said it was SOLD. Fine by me, it was a super mad deal, but I have enough projects already.