It was much easier to find cheap cars when I was in high school. My first car cost me 400 dollars, and about 300-400 on top of that for some basic repairs to get it running. I've never actually owned a new vehicle. I've always bought used ones and paid for them with cash. I don't like the idea of debt, and the only debt I have currently is my Student Loans. I thought about doing the cash for clunkers thing back in '08, but couldn't bring myself to spend the money.
These days though, finding a car for under 1500 is hard, and the few I've found that low are definitely not worth it. Pretty sure that was caused by the Cash for Clunkers deal. I've actually been eying the auto trader magazines trying to find a cheapo for less than 1000 for my mom to drive to and from classes, and I have not been able to find one.
Edited, Jan 10th 2013 7:14pm by TirithRR