Merkur's are awesome, my uncle has one that he rebuilt and does autocross with. Loves it. Fast car not that common, keeps up with many of the modern day cars if in good condition STI, EVO, Mustang, Camaro.
He picked his up in Eu Claire Wisconsin, 52K or so miles for $2400. Pretty clean car also had the after market intercooler and dual exhaust from Rapido if I remember correctly, which I don't always do any more.