Friend owned the car before I did, timing belt broke, bent valves, $2000. Replace the timing belt at suggested intervals.
Have had to replace main relay twice due to condensation under dash (granted, this car has been in at least 2 accidents).
Rear disc brake slides tend to freeze up, just need to be greased or checked any time brakes are serviced.
Rear center link for suspension rusted through, had to be replaced. God blessed me with a junkyard who sold me a complete rear end for $250, and a high school auto shop who did the work for free. Total: $400.
Trunk bottom seams rusted through on sides (fixable with "Great Stuff" and spray-on bedliner)
I was fourth teenage guy to get this car. My brother and a friend had it before me.
All three of us beat on this car mercilessly.
Rides like a go-kart. Corners very well at high speed. (Note: I am not responsible if you test this out. High speed driving and cornering should only be done by a trained professional under controlled conditions.)
Front bucket seats very adjustable (lumbar and lateral supports), good visibility out mirrors, back seat only fits children under 5' 4" comfortably.
Manual transmission is great, can get more torque with K&N air filter with short ram intake.
Can't believe this car still runs, I still wind it up to 7250 rpm redline semi-regularly. It's a beast. I love it.
Update of this review 11/6/2004...now has 204,000 miles and just drove car from Illinois to California. Heat shield made vibration at certain rpms... thought it was an engine problem, but dealership found the loose heat shield. I still beat on this car a lot and it takes it. Car eats up curvy roads!!! Alternator currently going out though... only 2 years on the previous... am looking to buy bigger car such as Bonneville.
Sounds like a great car, I'm buying one in the next couple days, a word of warning though-i used to own an 87 celica and I let everyone drive it, this led to the engine blowing, most of the damage was done from one person who liked to rev it to about 7000 rpm and peel out, I know honda and toyota are not the same, but either way those stock engines are not made to br revved that high.