The 1988 Fiero Formula is a "Ruby in the Dust".
My car is driven daily, minus winter months; not made for that "white stuff" here in Wisconsin.
I bought it in 2000 with 60,000 on it, and today it's closing in on 200,000.
The car, as others have said, is like a "Go-Kart on Rails". It corners like a Formula 1, and has amazing torque due to the "Muncie-Gehrig" 5 speed.
Using Nascar terms, my Formula "Sucks-up, drafts and sling-shots", like Tony Stewart's #14.
I get near 30 miles on state/county highways, and the interstate. Take it to a "Big City", and getting around is "Silly Easy".
Did I mention this thing is fast? Snappy off the line, quick through the gears, and can pass almost anything on 4 wheels. Handling is a dream. The rack and pinion steering is spot-on.
Mine is red with white decals and the Fiero black spoke rims. This car is a "Chick Magnet", however the "Lack of interior" limits "Your possibilities".
Quick warning: Contrary to popular belief, the Fiero Formula is not a good 1st car for a teenager. There were roughly 5000 of these made in 1988, and 3000 plus were totaled by 1994. Less than 500 remain on the road today.
With the engine in the rear, it drives/handles and steers unlike any front engine car. This car was built to be an "Adult Go-Kart." Any serious front end or side door collision in these cars, even with the incorporated "Roll-Cage", will result in very serious injury or death. This is not a kid's car, period!!!
I will never sell this car! It's a joy to drive, and its value as a collectors car increases daily. Personally the collectors value matters not to me, it's driving a bad-ass piece of automotive history that does.