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Buying beaters: Is it possible to find a reliable used car for $2K?

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COLMA, CA – SEPTEMBER 25: A price tag hangs from the rear view mirror of a car for sale at a Chrysler dealership September 25, 2008 in Colma, California. The Commerce Department reported today that orders of durable goods fell 4.5 percent in August, the largest drop in seven months. (Photo by Justin Sullivan/Getty Images)

Is it still possible to find that gem of a beater for under $2,000? According to Brian Murphy, the vice-president of research for Canadian Black Book, those cheap, yet reliable finds, are very, very rare.

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