I purchased it new in May 1995. It has been running strong and has been a reliable car for me. It has had some electrical problems. One issue that was of concern is VW's reputation with faulty heater cores. I had to replace mine twice within a two year span (2000-2). It was done under warranty (after some complaining). My instrument panel is starting to have some issues (speed/tachometer) and is not working periodically. I am not sure if it is associated with the moisture from two faulty heater cores getting behind the dash. Overall the engine has been great and my mechanic says that I should get another 40,000 miles with no problem. It's become a great commuter car, work/home/school. Its gas mileage has been averaging 25-27 mpg.
The engine! It has been solid and has great power. The 5-speed has quick acceleration. The leather is still nice. It gets good gas mileage for a 6-cyl.
Improve the electrical system (power windows, heated seats, instrument panel) and heater core dependability.