why not get a corolla SEG? the '92-'95 model is about 25k. and the '96-'99 model is between 30 - 40k....the SEG is known as a very reliable sedan. the choices you have is either a 1.3 or a 1.6 engine. its way under your budget, and you'll get to save alot.
but if you prefer something newer then the '01 1.7 i-vtec civic is priced exactly at your budget now.