The price is about right for a Hyundai that year. Mid 90s Hyundai is not too bad because the Korian ironed out most of the bugs that plage their cars. A friend have an Accent since 92 and it is a great car that haven't give him any trouble for over 80000 miles, but he is very good at keeping his car maintenance (oil/filter every 3000 miles).
Personaly I wouldn't get a Hyundai, because they are wimpy little tin box. And, often the original owner abuse the sh!t out of it, because it is a cheap car. Just save up abit more money and get a better car, because it will give you less trouble.
If I were you I would take the bus, because your student fair is only $44.00 a semester which is much cheaper than parking. And, from Saanich to Uvic or Cammosun should take less than 45min on the bus. :Q