Big dilema
It's tough- but I have the camaro and my beater- 88 Saab 900 turbo. Fun car, cheap on gas and is quite reliable. If I get in a bind- my dad has three cars and can only drive one.
Get a second job- waitering, bussing, just something that pays cash- stick that money towards your insurance. Thats what I do- my other job pays the bills/buys me my food/gf stuff/etc.

