Here's what I found out about it...
The Farus ML-929 is a Brazilian car. It's a mid-engine car made of fiberglass and features a backbone chassis. (Which, I guess, it why the seller says it's like a "Lotus Espree turbo". "Espree" is his spelling, not mine.) Introduced in 1981, they came with engines made by Fiat, VW and Chevy. In 1988, the last year it was produced, it was available with a 2.2 liter Chrysler turbo engine (like the one found in the LeBaron). With the Chrysler engine it could supposedly hit 60 MPH in 7 seconds.
The styling is derivative of virtually every exotic and semi-exotic 1970s / 1980s mid-engine sports car. The nose is all but identical to a Ferrari Dino 308 GT4. Overall it's not a bad looking car, but the space between the B and C Pillars looks awkward. (The convertible pictured in the brochure below looks really nice with the top down.)
The seller of this car leaves very little information and just two pictures of the actual car. He calls it a "serious project". The engine needs to be installed and it obviously needs bodywork (or, at the very least, paint). There is no mention of the condition of the interior or suspension.I have no idea what these are worth. Obviously they're rare in the US. The seller is asking $3000.00, which I guess could be reasonable if you want to be the only one in your neighborhood, city, state, time zone or maybe even hemisphere with a 1988 Farus ML-929.
Located in Burnsville, MN, click here to see the Craigslist ad.