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College can be the best time of your life. The SVX is an awesome car but it is just a car after all. I would want the memory of the 'cool' car that I had in college as opposed to the piece of crap that got me around. You're planning on it getting beat up - well, you can plan on fixing it up too. Plan on a decent paint job a year after you get a good paying job.
I kept a truck laying around because 'I might need it one day'. It sat out front for 3 years without ever even getting started. I gave it away when I started noticing dry rot on the tires. It's an 87 toyota extra cab, long bed. The guy that I gave it to is still driving it around and he's had it for about 5 years now.
If it doesn't need to be fixed then you're not driving it enough.
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