Faults:

The rack and pinion steering system failed and had to be replaced twice. This cost roughly $1,800 each time.

The adjustable shocks eventually wore out at about 115,000 miles. I lived with the terrible ride for the last 10,000 miles or so, hoping I would find replacements at a reasonable price.

Seals around taillights and rear quarter windows dried out and leaked, but were easily repaired.

A fusible link broke once, causing the car to die on a freeway. This was difficult to diagnose because it was intermittent, but simple to fix once we found it.

The stereo was wonderful when new, but died completely after 7 years, and would have been outrageous to replace with an OEM system. Fortunately, acceptable substitutes were widely available.

The leather seats eventually came apart as the thread in the seams deteriorated.

General Comments:

The engine/drive train was bullet-proof, and the handling on dry pavement superb. The turbo gave awesome acceleration. It was great fun to drive around town, and a pleasure for long trips. I owned the car for over 13 years, and there were no mechanical problems at all for the first 7 of those years, so I consider its reliability quite good for a performance car. The body held up very well, with only traces of surface rust near the end.

Faults:

Radio has poor function with very low volume.

The air conditioning compressor locked up. Extremely expensive repair cost.

One of the brake lights blew out randomly.

Front Dash has started to crack minimally after 131,000 miles.

Washer fluid system stopped working since I purchased the car.

General Comments:

Bad handling during wet conditions. Back end will swing out from behind you in both stopping quickly and accelerating quickly.

Performes very well in dry conditions. Tight handling, short throw transmission, and all around fun to drive in respectable driving conditions.

Faults:

Power steering rack (broken when I bought the car.)

General Comments:

Despite its age, very reliable and preforms well.

For lack of garage space, the car stayed outside all through the winter, but it always started up and ran all day with no problems.

The gas tank is curiously small (10 gallons) and the car does burn through it rather quickly.

Faults:

The red paint faded prematurely.

The digital dash malfunctioned.

The automatic air-conditioning malfunctioned.

The T-tops leaked.

The rear hatched leaked.

The gas tank seems to over-pressurize causing gas to leak out of the fuel filler neck and down the side of the car, ruining the paint.

The radio died.

The clutch has been replaced three times (I used to have a Toyota and never had this problem).

General Comments:

Nice acceleration and handling.

Handles very poorly in the rain or snow.

Handles very well on dry pavement.

Faults:

No mechanical problems so far.

General Comments:

-BIGGEST PROBLEM... these cars seem to have a problem with underbody rust (the serious, body rot kind).

-Upholstry (leather) has a problem with splitting seams.

-Headliner fabric needed to be reattached (common w/these vehicles).