My almost 18 year old is interested in buying his first car. It's a 1988 Honda Prelude 2.os Coupe 2.oL L4 FI

It seems to be in good shape body wise other than a little rust around the gas cap and the same side on wheel well. Seems well maintained and we are getting an Esso check on it. My question is ....is this a good car and what are the hidden quirks to it. IS IT WORTH $1150.00?