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Well, not all modded cars are bad news. But before you look into this one, you should find out exactly what he has done to the engine. "VTEC engine with type R internals and high rev valves and springs" is not only pretty vague, but sounds like a real Frankenstein job. Ask him what engine is in it, what mods he has done to it, how long since he has done it, etc. And of course before you buy it, have it checked out by a mechanic you trust. Make sure everything is put together right. If he's selling it because he stripped the block in his back yard and rebuilt it himself, did a crappy job and now it's waiting to die, then you don't want to get stuck with it.
The long and short of it is, buying a modded car isn't always a bad move. But you do have to be more careful than when you buy an unmodded car. There is a lot more that could be wrong with it.
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