We've had a Panda in the family since 2004 and it is absolutely brilliant!
Bought new it's a 1200cc petrol with air con, roof rails and centre rear seat belt as options.
It's done about 80,000 miles incorporating every type of road and driving style that about 5 regular drivers (including learners). It's even taken 4 adults on a touring holiday in Scotland (with a roof box).
Always manages about 50mpg, utterly reliable, and only recently required more than routine serviving when the radiator was replaced. Fantastic, reliable, good fun little car that frequently gets driven flat out when you can have fun without risking your licence.
Responding to your specific questions;
Bouncy ride, bad over bumps - yes, bouncy but controlled
Poor wheel grip - no, and with winter tyres a 2wd marvel in the snow
Body roll - yes, but only if you drive too fast (we do)
Noisy, especially at speed - in my experience; yes, compared to a large saloon. no, compared to other small cars
Steering too light and rather dead, wheel too thick for women - turn city button off and no
Failures: steering motor and clutch master cylinder. Leaking windscreens - None of the above
If you can get a good deal on the 'old' shape Panda buy one, In our experience you are very unlikely to regret it.
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