Quick Background
I am a HPDE instructor and have been tracking my 2011 Mazda RX-8 for 4 years. It is time to return that car to touring duty, before I tear up what is still a really nice car. I believe I have pushed that car as far is I can take it, short of adding power to the Renesis, and that usually ends similarly to marrying a stripper. (There might be a theme developing in this thread already.)
After driving a lot of students' cars and taking a really hard look at what could be a suitable and economical replacement for the excellent handling of the RX-8, I quite shockingly settled on a Miata. It ticks all of the boxes, except for one: fairly cheap to buy, reliable, inexpensive and plentiful parts, cheap tires, rear wheel drive, manual transmission, front and rear double wishbone suspension, nearly 50/50 weight distribution, light weight, great handling--all the good stuff everyone has known about Miatas for years. Just needs more power!
The Search
Unfortunately, this is not a "I scored a dirt cheap Miata to build into a track car!" story.
Somewhere around 2 years ago, I saved searches on all of the common places to shop for cars, looking for the right Miata. I looked at dozens of them, and came to the conclusion there is no dirt cheap way to do it right anymore, unless you simply get lucky. You can buy one that is still pretty fresh for a higher price, or you can buy one that needs a lot of work for a lower price, but you will end up in pretty much the same place in the end, in terms of outlay. The determining factors are how much work you are willing to do up front, and how your cash flow situation looks. In my area, you are going to spend about $7500 for an NB that is ready to start being prepped for the track, no matter which way you go about it. (I was initially choosy, and set out to buy the favored NA model, but that turned out to be a Skittles pooping unicorn, so I decided to take whatever I could find in the right condition at the right price.)
Last September, I received an email from a saved search with a link to a preliminary ad for a 2003 LS with only 63K miles. I immediately called the dealer to discuss the car and asked all the typical questions. The sales guy emailed me some cell phone pics, as they had just received the car on trade and had not serviced or cleaned it, let alone photographed it yet. It looked immaculate. I made an offer of $7000 cash with no service or cleaning needed. Just flip it to me for a little profit with zero additional work required. He initially declined, but after seeing it was the end of the month, and he had a quota to meet, he called back a few hours later and said they would take $7200 cash. Done deal. I picked it up that night.
The Car
It's red. And, it has tramp stamps. Lots of tramp stamps. Everywhere you might think of putting a tramp stamp, there is one. You will find tramp stamps in places you wouldn't think to look for tramp stamps also. The pinstripe "artist" should be taken out and shot with extreme prejudice after having his elbows and wrists broken.
Other than that, the car is immaculate. It looks like it just rolled out of a time capsule. There is quite literally nothing it needs, which is a little disappointing, actually. On the bright side, I get to skip all the fixing stuff and move immediately to the preparing for track duty stuff. The only peculiarity with the car is the Racing Beat dual exit exhaust. Everything else about the car is stock, right down to the brake pads.
Well, there is one thing. The drive train shudders when I start off in first in cold weather. I have read there was at least one clutch recall for that problem. It is going to receive a new clutch anyway, before the turbo is installed, so not really a problem. I will inspect the rest of the drive train's mounts and bushings, to make sure everything is solid there.
The CarFax shows a single owner, no accidents, and documented dealership service every 3000 miles. They even did the front of engine work.
This car is too nice for what I'm going to do to it. But, I'm still going to do it.
More to come...