wow that's weird I was going to make a thread about this exact same car, except for a 1986 model. I found a 1986 Subaru XT turbo 4WD about 5 miles from my house, the car came from California and has no rust at all, and the paint is very nice, interior is very nice and it also has a huge sunroof, air adjustable suspension, pushbutton 4wd, all digital gauges, etc. The car has been parked for the past 2 years because the drivers side front air suspension broke apparently.
was running great when it was parked, 140k miles on it and they only want $150 for it, I really wanna buy it but I already have a project car and DD.
I've heard you can swap in regular struts up front in place of the air suspension, parts are interchangeable between subaru Loyales, etc.
Check out
http://www.ultimatesubaru.net/forum/ for more info on these cars, it seems you can do a lot of junkyard mods to them and have a quick car, add a intercooler,exhaust, saab coldstart injectors and up the boost.
Anyways if any of you are interested in buying this car just let me know and I'll hook you up with the address, the car is located in Clifton Park, NY zip code is 12019.