Maybe an Australian report isn't helpful ... but you did ask.

In 2009 we bought a 12 y/o, 150,000km (DIY mileage conversion) Hyundai Excel as a learner for the kids. One of the kids is still driving it in 2012. I don't know what it has on the clock now but I do know I could find only one Australian insurance company last year who'd offer ANY third party insurance and none would insure the car against theft.

I was told those old Excels are so tinny you only have to sneeze near them and a door will pop open. No big deal for a car that's worth two thirds of one fifth of not very much, but our daughter often has her very nice fiddle (sorry! VIOLIN) on board and it's worth many times more than the Hyundai.

For a basic 4 cylinder runabout with no frills, it's been just fine. I think the radio still works.

Bruce