I drove an '83 Fiesta for a couple of years, paid $200 for it. Paid another $236 for tires (12" rims, not an easy find then). Ran the hell out of it, 4 speed manual transmission, and actually pretty good leg room for such a small car. Got side-swipe by a tourist in Orlando, front fender bent into the wheel well, door messed up. Rental car insurance classified it as totaled, paid $1635 (about 7 months later), and I got to keep the car. I kept driving it after the accident, just had to grab the fender and pull it away from the fender, bent pretty easy. Beat on the door for a while with hammer after I got home, opened and closed fairly easy. Sold it for $200, after the insurance finally paid off.
Yeah, I'd drive another one, if it were free or cheap.