@AD27 driving a Smart: I don't think the ForTwo could even drift in the snow -- not because of lack of power, but just because of the way the car is shaped (I'm not sure how well the car could hold a drift with such a small wheelbase).
Scaff could tell you how good of a drift machine it is in the dry, too.
The smart ForTwo is a great city car, but that's about it. As a drivers car its hopeless. It may well be rear wheel drive, but with a far narrower track at the
front than the rear it will understeer far more than almost any half competent FWD car. Then you get to the centre of gravity, which as soon as a driver gets in is rather high, the end result is body roll that a 2CV would be proud of.
If you want a fairly funky car that's a doodle to park and nice an cheap, the get a Toyota Aygo (worth the premium over the Citroen and Pug on the grounds that you get to use Toyota dealers - trust me this difference is huge - Toyota dealers will treat you like a person - Pug & Citroen dealers will consider you some strange form of pond scum), a far better bet than the ForTwo.
As for other Smart models, would those be out of your price/insurance range? The Smart Roadster is actually supposed to be a pretty decent car.
True the roadster is a much better drive and does actually qualify as a drivers car, just a pity (as you say) about the cost and also the bloody awful gearbox. Still at least the AC version (project Kimber) that is hopefully coming soon will get around that with a manual 'box.
Source -
http://www.projectkimber.com/
A little tip on the old insurance... Small hatchbacks + Teenagers = ££££££££. Why? Because the typical teenage driver has a small hatchback and all teenagers have a crash, so a small hatchback and, more to the point, a teenager with a small hatchback is a higher risk for insurers.
Go for a saloon car (or saloon-type hatchback) instead - saloon cars are typically driven by reps on motorways, and motorways have fewer accidents than any other road. So reps drive down the cost of insuring saloon cars - and the depreciation is massive, so you get a lot of car for not a lot of money. You'll probably find that you can insure a 1.8 Mondeo fully comprehensive for less than it'd cost you to insure a 1.2 Corsa TPFT.
Focus is good, Mondeo is better.
Famine is on the money here, my early cars were large saloon's and the like, cheap and if you get the right one a lot of fun.
An ex-fleet high mileage Mondeo will not only be very cheap, but as the miles will mainly be motorway, so low stress on the car as a whole. They are serviced on the button and any work needed is always done. At the end of life the lease companies are just looking to get rid of them quickly, so you end up with loads on the market at stupidly low prices.
Well worth a look as the Modeo is a fine handling car. Be very careful with an approach that all RWD cars are better than FWD cars, at the age you are looking you will struggle to find a descent RWD car that you can afford to buy and/or insure. Keep in mind that you can have plenty of fun and learn a lot about driving in a FWD car, and a good FWD car will still beat a bad RWD one in the right circumstances.
Regards
Scaff