'94R 164k, $4800 [Archive] - MX-5 Miata Forum (2024)

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tmanAg08

17th March 2006, 15:03

1994 R
164,000 Miles

Extras:
- Hard Dog Hard Core Double Diagonal Roll Bar
- Moss Motors Short Shifter
- 4-1 Header
- Brand New Soft Top - Less than 2 weeks old

Still on the original clutch, and unfortunately I don't know when the timing belt and water pump have been done, as the current owner only bought it 7,000 miles ago, so I'm guessing I would do those pretty soon.

He says the clutch is not slipping yet, so can I probably get a decent amount of life out of it yet?

I'm thinking I could get him talked down to less than that, based on his ad.

Sound like a good buy?

Cincycaddy

17th March 2006, 15:12

This is totally depend on the condition of the rest of the car. If the body is in very good shape for its mileage and the TB/WP and other such maintence has been performed then I would say yes, its a fair price, good? Well, no, fair.

Chris.

tmanAg08

17th March 2006, 15:15

The body looks in great shape, from the pictures he sent.

Sounds like if I can talk him down several hundred dollars (I might try to get to 4k), then it would be a good buy, understanding that it might need a TB/WP and possibly clutch, soon.

RADOne

17th March 2006, 15:22

With that many miles I would do a compression test before making the purchase. Most likely it's fine. But that's alot of miles to put on a car and not expect major repairs to pop up soon. You already know the price tag for the timming belt. Nobody would give you odds on when the clutch will go out with that many miles on it.

The car could go 100k more miles before needed extra work. But at least you can have a limited idea on the motor health with a compression check.

Don

17th March 2006, 15:49

I think you could buy a decent one with 100K on it for about $5K - So, no, $4800 for a 164K mile car isn't a 'good buy' . . . . at least not from your side of the equation

Don

tmanAg08

17th March 2006, 16:22

Don,

Would it be worth my effort to buy this one if I can get it for $4k, and then perform the necessary maintenance, or should I save the headache and get a lower mileage one for the extra cash? Too many unknowns with this one?

bky

17th March 2006, 16:36

My first question for any prospective buyer is: Do I want an R-Model?

A pristine, low mileage example might fetch a premium as a rare collectors model. Serious E-stock drivers will also pay more for a small advantage in Solo 2 competition (granted, the stock header would be needed in this case).

But to the general Miata buying public, I don't see the R fetching any more than say, an M-Edition in similar condition. Some purists will find the R an extremely rewarding car to driver, but most will not.

Don

17th March 2006, 17:07

Would it be worth my effort to buy this one if I can get it for $4k, and then perform the necessary maintenance, or should I save the headache and get a lower mileage one for the extra cash? Too many unknowns with this one?Generally, the difference between a $4K (or even a $3500) car with 150+ K and a 100K or less car for $5K or even $5500 is way too much to be overcome by spending the difference in purchase prices on the car . . . . in the long run - Hard to 'take 50 or 75K off a car' for any amount of money, let alone for a couple grand

If you're hard pressed for money or can't wait for the right one to come along, a high mileage car can still turn out to be a decent buy in the long run . . . . these are very hardy little cars and many can expect to last 250K+ with proper care, but then the really nice thing about Miatas is that it's so easy to find one which has been a 3rd car for a couple and has only had 5 or 6K a year put on it and those can be had for maybe 50% or 75% more money, which makes them a REAL bargain

Consider the very cherry '95 M edition (http://www.miata.net/cgi-bin/isc/classifieds.cgi?action=detail&AdNumber=54638&CategoryID=106&SubID=1041&Position=2&TotalCount=13&Session=441b25961732bda7&FirstPage=&LastPage=20&prevaction=show) with 35K which was in the classifieds just a week or so ago for $8700 OBO - How do you even compare that to a car with 125K more on it for half the money :confused:

Don

harbir

17th March 2006, 17:33

far far too much.

tmanAg08

17th March 2006, 17:36

Don, you make some excellent points.

I wish I had been able to get to the '94 with 62k on it that was listed for $5200 last week. I'm a college student, and have an ideal budget of around $5000. I can go higher than that, but I'd prefer to keep it that low, as I'd like to have a little left over for a roll bar and maybe one or two other things.

I'm trying to hold out for a '94-'97 with around 100k for that price, but it seems most of them are higher mileage or the sellers are asking too much. I guess I just have to keep watching and waiting for the right one. I was hoping to find one this week (spring break), because normally it's hard for me to go look at a car for sale, being in school.

Any more hints, ideas, or insight you can provide would be much appreciated.

Thanks,
Travis

Don

17th March 2006, 18:55

You're (seriously?) looking at a 164K car for $4800, but passed on a 62K car for $5200 :eek: - Your budget constraints must be very tight at $5K :confused:

Don

barrysmith

17th March 2006, 19:07

here it is:
http://austin.craigslist.org/car/141246512.html
looks to me like it has been "molested"

carcrazy1

17th March 2006, 19:18

That car isnt worth the asking price. You can do much better for that kinda $$$

tmanAg08

17th March 2006, 20:35

Noooo, not at all. Maybe I wasn't clear, I wish I had been able to get to that other one - by the time I got in touch with the seller, it had already sold. I would have jumped all over that, given the chance.

I'll pass on this one, and keep looking for a lower mileage one for a little more (or the same amount of) money.

thanks to all

Travis

You're (seriously?) looking at a 164K car for $4800, but passed on a 62K car for $5200 :eek: - Your budget constraints must be very tight at $5K :confused:

Don

harbir

18th March 2006, 01:12

I'm trying to hold out for a '94-'97 with around 100k for that price, but it seems most of them are higher mileage or the sellers are asking too much.

you should have talked to me 5 months ago. I sold a 52k mile '97 leather package car, torsen and all, for $5k. I sold it cheap, but $6k seemed at the time to be the max a similar car would go for without the scratch and ding mine had, based on other cars that were for sale at that price with lower equipment levels.

right now the classifieds seem to not be carrying decently priced cars. I have a feeling that those who own lower mileage cars are holding onto them in the expectation that they'll fetch more money in the spring or summer causing the prices of the higher pile cars to be buoyed.

Except for right now, I have seen NO END of good miatas under 75k miles around the $5k mark. buying a 164k mile car for about $5k seems ridiculous to me. Consider that I bought my garage kept '91 with 14k miles for $7k at a dealer 2 years ago. Do you think that I would buy a 164k mile car if I could get a 14k miler for $2k more?

I think you need to sit tight till you see a decent mileage car for your price point.

I won't venture to say how much this car is worth. all I know is that for this money you can and should get a car well under 100k miles, especially if you're willing to go some distance. I bought mine from 750 miles away. my '01 BRG was bought unseen by a gentleman in california who never saw it till the truck delivered it to his house 6-7 weeks after he paid me for it.

harbir

18th March 2006, 01:21

a quick search on autotrader nationwide reveals a sudden paucity of low mileage NAs. curious.

anyway, here are some for you to consider.

'94 C package (http://www.autotrader.com/fyc/vdp.jsp?car_id=197872545), 62k miles, $5k.

'94 (http://www.autotrader.com/fyc/vdp.jsp?car_id=198603125), 65k miles, $5k

'96 (http://www.autotrader.com/fyc/vdp.jsp?car_id=198575000), 75k miles, $4750

I dunno about you but I wouldn't feel comfortable buying a 164k mile car with these three out there (especially that '94 C package) for the same money.

Curious though. it seems that either values of low mileage NAs are on their way up due to increasing rarity and demand, or their owners aren't selling in the winter. This is curious since 2-3 years ago, a search for low mileage NAs would turn up literally dozens.

at any rate, i think 4.8k for a 164k mile car, even if its in tip top shape is far too much.

tallchick

18th March 2006, 02:59

for this car (http://sandiego.craigslist.org/car/142769324.html) :wave: seems to be well cared for bring a friend its a 24 hr drive back home.

tallchick

18th March 2006, 03:10

car (http://phoenix.craigslist.org/car/142461125.html)
another (http://palmsprings.craigslist.org/car/138245811.html)
inTexas (http://http://houston.craigslist.org/car/142788619.html)
:wave: zoomer (http://houston.craigslist.org/car/142226640.html)

Patience and always keeping your eyes open, you will find something!!!

harbir

18th March 2006, 05:31

how go you search craigslist so that it searchs all the areas all together?

I look at craigslist.com. if I search on the main page, it searchs San Francisco by default. to search the areas, I have to select the areas and there are just too many to do one by one.

is there a way to search for miatas or BBS wheels or whatever so that you search nationwide with one search action?

Fathom

18th March 2006, 08:41

I don't think you can mass search on craigslist. If so, I want to know. Haven't been able to figure it out.

tallchick

18th March 2006, 10:51

Search every area in one mass search on CL. However when I was looking for mine I would search the cities throughout the day. Yeah it is a PITA however there are deals to be had. Guess I really really wanted a Miata so to me it was worth the search and I found a real gem hiding under the negelected paint and dirty interior. I just had it detailed inside and out and it looks like a brand new car :jump: .
Know what it is you really want and take the time to find it. There is no need to overpay especially with one that has over 150k on it.
Good luck and dont forget to take your list with you!!

Alan G

18th March 2006, 11:41

is there a way to search for miatas or BBS wheels or whatever so that you search nationwide with one search action?

I use Firefox which allows opening up multiple tabs (windows within the same window). Someone posted awhile back that if you bookmark your searches in Craigslist you can automatically search. For example, I have searches for "Miata" bookmarked within one folder the CL Washington, Baltimore, Philadelphia markets just to see what's for sale. And when you use Firefox, you can open all the tabs with one click. Once it's setup, it's pretty quick.

tmanAg08

18th March 2006, 12:25

I think you need to sit tight till you see a decent mileage car for your price point.

...especially if you're willing to go some distance.

Agreed, although the problem is that travelling is hard for me, being in college. My purchase area, as it were, is pretty much limited to Dallas, Houston, San Antonio, and Austin. I will be going to Albuquerque next month, so I'll be watching classifieds and craigslist for that area, but so far it looks like that's a much smaller market and somewhat overpriced.

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