About 2 months ago I bought a 1994 Miata equipped with the B-Package and ABS. It had 53,XXX miles on it, had never been in an accident, and had all the records. I got the car for $3,000. This has hands down been one of the best gamble of my life. I absolutely loves this little car. Its a blast to drive, still feels as solid as a rock (especially for an mid 90's convertible), gets great gas mileage, and looks absolutely stunning. And, what surprised me is it actually sounds good for a 4 cylinder. Plus, The car fits my family and I perfectly (I'm the tallest at 5'8"). I expect many more happy, fun filled miles in this two seater.
I have a '94 Mazda Miata M-edition convertible. It is a perfect car if you are looking for more than a boring family sedan. Performance is awesome, (especially lateral acceleration) although the engine could use a few more horses. But that's nothing a nice supercharger can't handle! It is very reliable and a blast to drive. If you want a car to drive on the weekend, theres nothing more fun for the money, believe me.
I bought a new Miata in 1992 but was forced to trade it in 1994 while pregnant with my first child. It's been ten years but I've finally purchased another one. I wanted the car "bare bones," no power accessories, and I found one that fit my description. This car is so much fun to drive and such a good buy for the money. I even enjoy the fact that it's a 1st edition Miata (the headlights are hidden). I don't plan on getting rid of this one! I highly recommend the Miata. They hold their value well and they become a car that you can get very attached to. I'm already planning to buy another used one!
I bought this car several years ago having wanted one for a long time. it had over 125K on the clock and needed a top, shocks and seats, but the body and mechanicals were good. I gave it a new top, opting for a heated glass cloth top. I reupholstered the seats in leather. Upgraded the shocks and installed sway bars. I haven't enjoyed driving this much since my Fiat days in the 70s.