sod the 1.6 get a mk3 mondeo
For a k. No thanks.
Stick with MK2s for this money. Actually an old saloon would be where my money would go. I'd avoid Fiestas, Focuses and the like as everyone looking for a cheap car wants one and as such good ones are usually priced out of the market.
mk3 is a much much better car, i needed a car quick (got job on friday start monday). Spent £1200 on a mk3 estate and nothing has gone amiss at all. yet
Stick with jap, the last thing you want is loads of repair bills from some old rover/ford.