Bought a Ford Fiesta 1.1 in 2007 to drive to the train station in, somewhere during autumn for the princely sum of 180 euro.
Had to sell it again during spring as I didn't want to drive it when there was actual sunlight, as it's red paint was more of a matte pink and the embarrassment would just be too much. Also, it was incredibly slow, a bit smelly and ever so slightly rusty. Recovered most of my 'investment'.
Another one is the Renault 4 fourgonnette (the van version for those of us that aren't Phil) for 250 euro. On the way home, the exhaust fell off, as apparently it had already broken before. There was some tinfoil covering the opening and it appeared to have been mounted using some wires. luckily the replacement wasn't very expensive. I never drove it after as the smell of the police dogs it once transported was still very very much present.
And then there is this gransport spyder... Ooooh, sorry, that probably doesn't quite fit the requirements of this thread