Here my take:
I owned a 1993 Acura Integra from 2004 until 2008. I bought it with 108,xxx miles on it and wrecked it with 205,xxx. Only broke down once when the distributer died. Beyond the normal maintenance, the distributer and clutch I had to replace. Even with 200 on the car I could launch in first at 6500, hit the limiter and smoke the tires in 2nd with no problem. Thing I hated was price of parts. A o2 sensor was $160 when my dads Silverado was $20 including taxes. Plus paying $900 to get the clutch replaced. My next car after that was 1995 blazer. Had that for two years. Was on a flatbed 8 times. Distributer, ignition switch, fuel pump were the majors. That had 115 on it when I bought, traded it at 177 because the tensioner pulley broke and driving it a 1/4 of a mile to my work killed the engine. Traded it when I got my 08 Cobalt that had 55k on it. Now has 81k on it with zero problems so far. I bought the Chevy because it was cheaper to insure and parts are cheaper. Also like the styling more than anything japan has out that I can afford. Would have took an evo or 370z though.
For me imports (specifically Japan) owned the 90's. But in the mid to late 2000's american brands took over in my opinion. Japan makes bland looking cars now and american has had the best styling lately. Look at Toyota and Honda now. We went from having integras, S2000's, NSX's, Preludes, Supras, 300ZX and Skylines, MR2, 3000GT's, and Eclipses. They looked better (and in some cases out performed and destroyed them) than the Mustangs, camaros, vettes, cavaliers, escorts, probes, and avengers of the time. But now all the Japanese cats I mentioned are dead. Now we have prius's, Camry, corolla, civic, etc. They all look bland compared to the newer mustangs, vettes, camaro, challengers/chargers, the new viper looks awesome.
All in all I think Japan is in a slump. The same slump America went through in the 90's. The LFA, 370z, GTR, maybe the NSX, and evo are about the only cars they got going for them. The new Subaru/ Scion looks promising. I believe Japan forgot what propelled them to the top, but there still is a glimmer of hope that cheap, fast enough, reliable and cars that retain their value will come back.
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