I bought this car for a fun project/toy and it does this excellently. The car has 118K miles on it and was purchased with minor mechanical difficulties in the form of preventative maintenance needing to be done (timing belt and minor oil leaks from cam and crank seals) and road debris chips and parking lot dings on the body. Taking care of these things will cost approximately $3K to do right by paint shop and dealer. So, at the end of the day I will have about $10K tied up in this car but it is now pristine and as good as new. My advice to new buyers is:
Do not buy one of these from a kid (of any age) who wants a race car and has added aftermarket junk. Turbos and superchargers are nice but to do it right puts the cars cost extremely high and creates other mechanical problems. Buying someone else's project car means you buy their problems.
Do a thorough check on maintenance records. Changing a timing belt means also changing water pump, crank and cam seals, valve cover gasket and belt pulleys. That is if you plan on keeping the car and doing it right. The cost of this work at a dealer will run close to $1K.
Make sure convertible top and seals is in excellent condition or be prepared for leaks or replacement. A new top with seals installed by a professional will cost close to $1K.
Like any machine it's dependability has everything to do with how well it's been maintained. The more owners in the past the more likely it is that maintenance has been spotty or ignored.
There is nothing practical about this car....it's superb at what it is made to do but in stock form it is only a fairly low powered (although perky) little car that handles extremely well and is huge fun to drive. Go ahead and buy an automatic but I have no idea why anyone would because a lot of the fun comes from shifting along twisty, hilly country roads.