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Old 05-30-2016, 03:36 AM   #1
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Thumbs up Sold the Mustang, looking to buy/build a turbo miata

Hi Everybody-

I recently sold my first "toy" car, a 2001 Mustang Cobra, the car I always wanted in high school. I didn't love it, for various reasons, and sold it. The good news is I got more than I paid for it @ $10,500.

I think for half the money, I can get a NB miata which is more fun, and faster on the track.

I split my time between Southern CA, and Omaha, NE and am finding NB miatas for anywhere from $3,000-$7,000. This weekend I test drove three miatas
  1. 2002 enthusiast owned LS miata. 5 speed, koni shocks, GC coils, top is in good shape, 109k miles. Seller wants 7k, could probably get it for 6. Owner is an older guy who has had fun with the car but doesn't seem to have beat it too hard
  2. 2001 teenage owned miata. 6 speed. Thrashed.
  3. 2000 anniversary edition miata. 6 speed, 161k miles. Recently rebuilt engine, old FM turbo kit with link engine management. Runs like garbage over 3,000 RPM. Needs Megasquirt, a new top, seats, roll bar, etc. Asking $5,600. Could maybe get for 4-5k. (engine bay photo attached)
Any advice? Should I buy a clean non-turbo car and piece together parts from the classifieds here, or buy something like option #3 and clean up the previous owner's mess?

Thanks for your help all

-Chris
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Cuban Missile is offline   Reply With Quote
Old 05-30-2016, 03:43 AM   #2
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Do you want one for the fun of driving it, or the enjoyment of building it yourself?
That will narrow down your 3 options...
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Old 05-30-2016, 04:06 AM   #3
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I think you already know you want the first option car.
That turbo car seems like a mess.
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Old 05-30-2016, 10:08 AM   #4
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Quote:
Originally Posted by adryargument View Post
Do you want one for the fun of driving it, or the enjoyment of building it yourself?
That will narrow down your 3 options...
This part does matter, there are significant savings to be had buying a modified car. I think whether number 3 is worthwhile depends on the other mods, what suspension, what clutch, wheels, was it a performance or stock engine rebuild? The most bang for buck is probably waiting for a well sorted turbo car, possibly from the classifieds here. Of course you may want a car right away or want to build it yourself, which is completely reasonable.
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