I'm going to have a little bit of cash in the summer to buy a car and for as long as I can remember I've always wanted a Peugeot 205 GTi. I'm now finally old enough to get reasonably cheap insurance on one but I won't have a great deal to spend on one or massive amounts of cash to spend fixing it if it goes wrong all the time. Realistically I'm looking at being able to spend around £700 to £800 on a car. I'd like a 1.9 but for my money I'm more likely to go for the 1.6 as hopefully I'll get a better car. The car will be unmodified and from what I've seen have 100k+ on the clock. As I've said I won't have a massive disposable income to spend on the car (being a student). Does this sound like a stupid idea and more importantly will the car prove to be a massive money sponge. I will have cash to spend on the car (little by litte) but I need a reliable runner that I can spend money on when I have it.