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I've had my '84 for over 5 years and I've spent an average of less than $1000 (CDN) per year on upkeep. It's not the cheapest car in the world but it's well worth it in my opinion. It's never broken down on me. I did pay a little more than average for the car in the first place but it was in great shape (one owner, relatively low mileage, PO kept mainenance up-to-date).
It's the same as with a 911: if you buy a rough car then you are going to have to pay to replace all the stuff the PO neglected. Get a good one to start with and you should be fine. Just make sure you change the timing belts on the proper schedule.
I think you need to find a less pessimistic mechanic to take purchasing advice from. Generally speaking, generalities are fun but they are generally unreliable when talking about old cars, generally. Some old cars have more baggage than others and the older they get the more individual they are.
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