I just bought my first new car at 45 years of age yesterday, a 4-door '07 Rabbit, fully loaded with new alloys to boot. It has 153 miles on it, so I am in the honeymoon phase for sure. After looking carefully around, I decided the Rabbit was the best value around for about $20,000. It is quiet, peppy, and tight as a drum, with a fab interior -- which is so much nicer than a Japanese interior it is a little hard to believe the price is comparable. My Dad had a '77 Champagne Edition Rabbit when I was in HS, and it was also tight and fast. He was horrible at maintenance, and got 220,000 out of it.
Wow, where to start? The windshield has superb visibility. The interior is incredible for a car of this price - no fuzzy seats here! The urban cockpit is over the top (but I like it) with more lights than a 747 at night. The sound system is awesome, and there is plenty of leg room in the back.
I haven't had the car long enough to know what isn't working.