Cheap but fun.
By Hooked on Bimmers on
1991 BMW 3 Series 318is 2dr Coupe
With 170,000 miles on the clock, the car needs a few items replaced like the timing chain/gears. However, the engine is known to last beyond 300K miles if taken care of. This is my daily driver and the third bimmer in the household. It maybe cheap at under $3000, but it is more fun than the other two that cost over $30K. 2600lb chassis is unbelieveably nimble in corners and 16 year old 4 cyl engine is peppy enough to pull the car fast on the freeway entrances. Look for one with good maintenance record and pay below $3000. You won't be disappointed.
5 speed manual. Classy look. Simple car to work on. Bullet proof engine.