I just started adding up the parts... most of the costs I've listed are within a few bucks of actual prices... you'd do all the work, right? And I've left out the inevitable assortment of bushings, hoses, clamps, filters, bulbs, shipping costs, perhaps some needed tools, etc.

Struts, shocks, and mounts all around $700.00 Bilsteins... OEM take off $250
Springs all around 170.00 OEM... add $150 for hi-perf
Brakes all around 400.00 OEM... add $200 for hi-perf
PNP switch 120.00 OEM
Tune-up parts 200.00 OEM... add $150 for hi-perf
O2 Sensors 220.00 OEM
Timing belt, tensioner, pulley, and idler 225.00 OEM
Same as above, for the serpentine 200.00 OEM
Rebuilt ABS module 130.00 Vic Rocha
Motor mounts, torque arm bushing 100.00 OEM
______
$2465.00

How are the tires, the turbo, and the evaporator? What wheels are on it? You also have to keep in mind the MAF sensor, fuel pump, fuel pump relay, and EGR valve. These may be near the end of their service lives. That could be another $2500.00 or so if you have to go for new parts. If you wanted to go the high performance route, you'd also need to go for a shock tower brace, and sway bars..figure another $500.

If it's REALLY clean, and you're looking for a "project" car.... this might be fun. With 160K on it, most of the things in question would have to be done normally, regardless of who owns the car... previous owner, or potential buyer. You sure could build yourself one hell of a car using this thing as your base. If you had to do absolutely everything, and went the high performance route, including an upgraded ECU and exhaust system, your outlay could easily go as high as $8000.00.

On the other hand, with careful shopping, selected parts, and some TLC, you might get away with spending on the order of $2000.00 and have a very comfortable, surprisingly high performance car to use every day.

Wanna have some fun, got some extra cash kicking around, buy it, but not at 3 grand.... :)
Please keep posting... I'd be curious about what you decide to do.

Marty
'96 855T