Just test drove the car. Runs A-1! It seriously looks practically brand new! Apparently it used to be owned by an old couple from California, but has been bought and sold a few times since then.

Here's some info on the car:

Light blue 1989 Honda Prelude 2.0 Si

$3200 obo
63,000 original miles
5-speed manual
Power sunroof

Positives

car ran very well.
clutch seemed good.
car didn't bog or hesitate.
paint looks awesome/no rust or dings.
interior looks like it has barely been sat in.

Negatives

took a little bit to start (bad starter or just hadn't been started in a while?).
a little bit of grinding, but only going into reverse.
weird intermittent clicking noise sometimes coming from relay,even when car is off (like turn signal was blinking or something).
oil stain on top of valve cover.
a bit of rust on underside of muffler, but no holes or anything.
brakes seemed a bit soft (i heard this is pretty normal for hondas though).
a/c needs recharged.

Please let me know what you guys think? Should I go ahead and make an offer or what? I thought maybe I could offer them $2700 or something. Please give me some more input. Thanks!

-Randy