1971 Gremlin - my first car. Held together with spit, kleenex, duct tape, and a prayer. Purchased used for $200, driven to and from work every day for 6 months, sold for $175. Only one $150 brake job and a $12 oil change.
I'd say I got my money's worth.
I was actually laughing hysterically until i saw your breakdown in price (seriously i stopped in mid-laughter). If what you described was the case then i have to say it would have made a good first car. At least it got you to and fro, and was cheap.
However when it came to picking up dates i guess you would have to push your charm and looks to the extreme because for certain the car was not going to help you. LOL