I found a 240sx for $350 once, but was to broke to grab it. It had a moldy interior, new paint, blown headgasket, bad radiator. All it needed was gutted interior, new seats and steering wheel, fix the engine and buff the paint.

Usually you can just happen upon good deals. I was driving through the apt complex when I saw this car.... It was just sitting there all dirty and the tires were low. I asked the kids nearby and one said it was her mom's.