Hondas tend to go to around 200,000 miles, give or take, depending how they're treated, before they become uneconomical to fix.
It isn't that they're dead at 200,000 miles, it's that by that time you've got a car that's probably worth about 1-2000 dollars, and it's due for about 1000 dollars in maintenance, and people tend not to be willing to do that.
You'd better make CERTAIN that prelude has had its timing belt replaced. It was due at (probably) 100,000 miles. If you don't have proof, you're going to to have to do it yourself. That's a few hundred bucks, at least, right there.