a friend of mine has a very nice 94/95 Miata with the factory R package, hardtop and AC. It has the torsen LSD, no PS, no power anything and the sporty bilsteins as well as a subtle aero kit. It has 150k very-very well documented miles, about a 7" thick stack of receipts. The car is in very nice shape, drives really well, tons of fun and would be a great second car while I work on the 12v to get her back up to speed. I'm still struggling with the suspension post the sideswipe in the early summer...

$4000 for the car again with hardtop and from a friend... sound good, right?

In the worst case you have another project car.

From what I've heard they are tough little SOBs

I think it puts strain on friendship if something does not work out.

Other than that I would say go for it!

I think I am mature enough to not go back to him if something breaks, it is an old car and all that so it's understood that I am buying it as is.