A coupe you want with that type of budget.
I can only think of Daihatsu Copen.
Depending on your age, 0% NCD insurance for 25-27 is around $3k a
yr.
Road tax, less than $500 a yr.
Car price around 65k on the average.
For a 1.5k budget, just get a normal 1.6 sedan will do, coz for a
coupe, the insurance will be a killer.
Maybe after you have earn 50% NCD, 1.5k will fit the bill.
Coz my fren who just bought a copen with 10% downpayment, spends
around $1.5k per mth on the average. Includes, parking, petrol,
cashcards.
Not including servicings and misc.
Coupe like MX5 or MRS, forget it, those higher ends will be a
killer with 1.5k budget.