Miatas are pretty damn bullet proof, but you are talking about a 15+ year old car so money pit is relative. if it hasn't been done, plan to replace most anything rubber. if you want a Spec Miata, buy one already preped. Doing it yourself never pays. Let someone else have taken the loss.
'94 & '95 will be 1.8l <='93 = 1.6l
What sybir said about hard tops.
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