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This brings up another question to me, and maybe you more experienced guys can weigh in; how many guys begin racing with a "starter" car, and then move up to a better/faster car (not counting replacing a wrecked car)? I would be willing to bet that the majority of IT racers stay with their first cars for a long, long time.
The point I'm getting at is that if you do decide to buy a car you should seriously consider your goals, both short and long-term. Are you going to be happy racing a car that will probably always be a mid-packer? Or do you hope to some day be able to run up front? IMO if you think you will eventually want to be a front-runner you should probably start with a car that at least has that potential. Not that you need to buy a fully-prepped car right now, but I would give serious consideration to where you will be a few years from now.
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Hmmm, intersing thought. We still have our first IT car, the Fiat but we now also have an American Sedan, and ITA 240SX and are getting ready to build an ITS 240SX so yes we still have our original but have added on as we have wanted to go faster.