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Here's my .02 - I'm pretty much in the same camp as Phil on this one. I had a good streak of never paying more than $500 for a running car, until I got Barney (the evil zooper beetle). The only time I've really felt like a sucker when buying was when I found the '73 fastback six months after I bought Barney and realized I should have waited to get a daily driver. Jake Kooser '66 type 1 roadster project ($750 - paired with a rusted out '67 with a good engine) '71 Squareback (the little girl - $500 from my best friend - the honest-to-god 2nd owner, his dad's cousin the original owner) '73 zooper beetle (ULP! $1 kilobuck - I keep telling myself that the ugly purple paint job cost some sucker other than me at least 1/2 that) '73 Fastback ($400, but I've subsequently dumped over $750 in engine mods) '97 Simple "Old School" Sneakers - $60.00, best bargain on my list.