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And.. all my cars in Oz were second-hand and I paid 5-10k$ for each one of them. I don't plan to change that strategy (and so the majority of Aussies I think).
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I bought my current EB II Falcon (8/92 build date) as a repairable write off 17 years ago for $650 and it took me 6 months to get it back on the road. It only had 125,000 on the speedo. I don't do a lot of driving, mainly to the local shops and back, it now has around 200,000 on the speedo but is currently unregistered until a new brake master cylinder gets delivered, hopefully early enough today so I can get down for an inspection so I have my car for the weekend to do some shopping.