Wouldn't buy it again, but it was fun!
The Sportshift transmission failed at 124000 km, cost was CDN$ 3200.00 to repair. Honda Canada would not do anything, even though I had reported slushy shifting on the 1-2 shift, while still under warranty. I have had two rear wheel bearing failures (covered under warranty). The CD player failed at 120000 miles and heater cable seized (replaced under warranty).
The car handles great, looks and sounds great (above 5000 RPM) and is reasonably quick. I have had a tough time finding good tires (Pirelli, Bridgestone and Continental) for this car: they were either really noisy or uneven wear (even with alignment) and puncture prone. Next spring will see new Michelins on this car.
It is actually not a bad winter drive, with 195/60-15 Blizzaks on steel wheels, but is very scary in the snow with the summer "all season" tires.
This is one of the easiest handling, predictable cars to drive hard through the corners; it never comes up with any nasty surprises!
I had a 1991 Mazda MX6 Turbo 4 that would likely outrun the Prelude to about 140 KPH. It was more comfortable seating, but the Prelude really out-handles the Mazda.
Would you buy another car from this manufacturer? Don't Know
Review Date: 5th January, 2003