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I had a Herald once. That rear end was lethal, particularly if the bolts fixing the radius arms (?) to the chassis had worked loose. The biggest fright I ever had was taking a corner at the same speed as I had in my previous car, a Mini. I got round (just).
Better still I would give our 21 year old a Skoda Octavia GT. With the swing axle rear end this snapped into terminal oversteer quicker than an early 911, but at half the speed. Once he (she) had scared themselves a few times and learnt to drive properly, I'd let them have the rest of the money to get whatever they wanted.
Could you get a Datsun 240Z for under £8000
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