Faults:

The water pump developed a fault and caused the temperature to rise high enough to blow the head gasket.

The drivers airbag warning light comes on sometimes, even though I had the airbag checked by a electronic diagnostics expert.

Small tear in one of the back seats, about one inch in length, but very hard to notice.

General Comments:

The particular one I drive is quite fresh as it has a 2003 engine.

These are actually very fast cars, I was extremely surprised by the performance, you can go almost 70mph without leaving 3rd gear for example.

The shape of the Mk1 that I drive is perfect for modifying with body kits & polyliptic lights etc.

The clutch and gearbox are very well built and feel really smooth and expensive when operating them.