This morning at breakfast, I was flipping through our local free weekly newspaper and spotted an ad for a 94 Miata, black and tan, 170k for $1000 or best offer. It was also less than three miles from my house.
As soon as my wife left for work, I made the call (Remember: Forgiveness is easier to ask for than permission) and arranged to meet the guy after lunch. He emphasized the part about "Best Offer".
On the phone, he said that his wife used it as a commuter car and that it ran great. He mentioned a small crease in one front fender, minor rust spots in front of each rear wheel, and a small tear in the top. None of this scared me away. I figured that a 94 with leather would have a 1.8, big brakes and a Torsen. At worst, I could easily flip the car for a profit. I spent the rest of the morning shuffling things around the large bay of my garage to get it into it's two-Miata configuration.
As I walked down his driveway, I immediately noticed the daisy wheels. Hmmm....Then I noticed that there was no passenger side airbag.
"Are you sure this is a 94?", I asked.
"That's what my wife said. Let's look at the registration...Well, I'll be dammed, it's a 93."
1.6, small brakes, no Torsen. Also, no rocker panels. Every corner of the car shows just enough damage to need replacement. Interior: shot, even the steering wheel. I asked how long he's owned it and he said seven years. I asked if he'd ever replaced the clutch or timing belt. "Nope."
Then he casually mentioned how he had bought it from a local body shop, one whose owner was arrested a few years ago for some title related shenanigans. Something about rebuilding cars with salvage titles and selling them with clean titles.
I thanked him for his time and walked away with cash in my pocket.
It was like the Perfect Storm of crappy Miatas.