It is possible to get a good running $700 car, but not easy. A good looking car you may not get. But what is important is a good engine and transmission. The best place to buy this type car is from an individual, but you must be very careful. Look for a car where they are asking around $1,000. Almost everyone will come down on their asking price. I highly recommend you have whatever car you are about to buy looked at by a trusted mechanic before you actually purchase it. This will be money well spent unless you know enough to spot a beater. Remember you are buying a cheap car and are buying it AS IS. That means no warranty whatsoever. Look more at how it runs & drives than what it looks like. A good looking $700 car probably has mechanical problems. Whereas a poor looking car may be mechanically sound. You are not going to get both for $700. Engine, transmission, and emissions controls are what is most important. Anything else can be repaired fairly cheaply. These 3 things may be very costly to repair. Even a good running car with emissions problems can be very expensive to repair.
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