Jesus 5 years ago I bought a Volvo 940 estate for £500 did sod all to it mechanically, and drove it 2150miles across Europe, then sold it a couple to use as a mini camper van who were traveling around Europe for a year.
4 years ago I bought a 2003 Jag X type, high spec, 2.5 v6, absolutely mint body, fsh, long mot, 4 virtually new quality tyres, 90k on the clock, £500!!!
Did 4000 miles in 3 months, finishing off with a week long, 1800 mile Scottish touring holiday then chopped it in against a discovery, basically got my money back!
Ridiculous amount of car for the money, would do 30mpg as well, if I'm ever in need of cheap to buy/run transport, it'll be another one of those!