I've been in the family business (several repair shops) for the last 10 years. All i can say is: Depends. If its all beat up, probably not. Because the price you pay for repairs will exceed the cost of the car. Not good business. Obviously, since yer only spending very little money, transportation is the only thing that should be on your mind. At only $1500, I'd check the car out really good. You can find a decent car for that price, just have a mechanic check it out. Like someone said, Honda Civic is decent car if yer looking for something cheap. So is a Ford Escort, if its in decent condition. I've seen plenty of those run forever (1992+ models with the 1.9). I can advise you on some cars to stay away from, even at a low price:
pontiac grand ams (will fall apart right under you)
older subarus (the all wheel drive system will cost you an arm and a leg to repair)
MOST GM's from late 80's to mid 90's (sorry gm people)
Mazdas (parts prices outrageous)
early-mid 90's Chrylsers (including their mitsubishi twins)
reccomendations:
92+ ford escorts (reasonably well built, cheap to fix)
92+ Honda civics (unmatched build quality, but THEY DO need to be checked out like any other car)
Nissan Sentra (any during the 90's)
Toyotas (all)
Ford Taurus before the 1996 years (plentiful, generally well built, parts cheap, especially if u can find one from an older owner)
Overall though, check it out. Check compression, look for leaks, check out the frame, if its an automatic have a mechanic drive it, check the trans fluid.
good luck