I bought this vehicle from a family member almost two years ago and have loved every minute of ownership. The vehicle did have a problem with first gear(it's a 5 speed manuel)where there was a nasty grinding noise. I had to have the transmission replaced but I bought knowing this would have to occure. Since then I've absolutely loved driving the vehicle. I agree with many of the posts that the turbo is a bomb when it kicks in.
I bought this car with 133,000 on it and drove it from AZ to MN with no problems(now has 152,000). The seats in this car are great, I could have driven the whole trip without stopping. The power delivery in this car is great, once the turbo spools the car takes off. Havn't spent too much on the car other than regular maintenance. Car has no rattles in it, solidly built! It has been very reliable for me and I would drive it cross country in an instant. Highly recommend this car to anyone!!
I bought the car from a private party in Chicago and drove it back to Denver in 1996. the car had 42,000 miles at the time and now has 110,000. I have had very few problems with the car and the power/acceleration is outstanding. Values hold well on these cars due to the rarity of them, especially the 1992.
Wished it a had a shorter nose. Fully electrical w/voice recognition phone (who else had that standard in '92). Cornering is pure adrenaline and the turbo will defintely put you back in your seat. However, that's the only problem I've had with my car. The Turbo has been somewhat on-again, off-again. Ride is very comfortable with fully adjustable heated seats, yet when the heat is on the suspension gets stiff. Very quiet inside the car.
The original S4 is an awesome car, especially the '92. it has a rear sway bar, which every other year lacked, it also was the only year to offer the boost gauge and wood interior. It has great potential to be a realy fast car (400 hp+). the only downside is that the parts are hard to find due to the very limited production run of the S4/S6 (aprox. 5,000 made it to the US and Canada)but they are a great all around car, definatly the best of its day, and still a great car by todays standards.