A few years ago, I bought a 1994 Honda Accord whose brakes went out shortly thereafter. The problem was a faulty ABS module. The cost to replace the module was around $2000, so I opted not to do it.
My mechanic at the time told me that the problem is fairly common to Hondas from that era. I am now evaluating the purchase of a 1998 Honda Accord, but I'm wondering how likely it is that I will have the same problem again.
Is it true that the ABS module in 90s-era Hondas is prone to failure? Is the problem bad enough that it should give me second thoughts about buying such a car? What options do I have for fixing the problem if the ABS does fail? Do I really have to buy a genuine Honda ABS module to replace it, or are there cheaper alternatives?
Update
I found this: http://repairpal.com/abs-modulator-may-leak-air-and-cause-low-brake-pedal-312, which is almost certainly the problem that I had. The occurence count and comments on that issue are possibly the best answer I will find to this question.