On our walk today, my Special Lady Friend and I happened across a '97 M edition Miata. Some bondo in one door, driver's seat getting crappy, but overall CLEAN. Drove nice, if a little thrashy, new clutch, leaking rear main seal. 236K miles, no rebuilds, fixed as needed. Nothing more, nothing less.
Not the car in question, but a pretty good approximation:
Crappy aftermarket wheels, yellowing back window. No hard top. Ac blows, but not too cold. Power windows indicate torsen according to my research. It has PW. (Edit: it's power mirrors, but as Keith said, the point is moot)
Fluids look like somebody cared, and still does.
We don't particularly need another project, but I admit to getting the cash before looking at it. $2450 OBO.
I drove it gently, but thoroughly. Surprisingly decent for such mileage. Clean under the hood. Honest, up-front seller. Baby on the way.
The question is, what is one of these worth in good to fair condition with 235K miles?
I walked away the first time, and can again, so I'm in a fairly strong negotiating position.
I guess what I'm asking is what is one worth?