Say you had £50,000 to spend

Yeah you can get one for £50k, it would also be a sound investment.

You could blow it all on an e60 M5 but depreciation would hit you like a sledgehammer.

You make a good point but I think the running costs of the Ferrari would eclipse the depreciation on an E60 M5 over 3 years.

If this wasn't a hypothetical scenario, you've also got to consider finance. A lot more people can 'afford' a £50,000 car on PCP than can buy it outright.

When I'm in a position to spend £50k on a car (hopefully my next car), a Ferrari won't even be a consideration. It'll be German, brand new and probably quite dull in comparison but it will be reliable, easy to insure and easy to finance.

I'm saving my Ferrari cherry for when I can really afford one, which may well be never.
 
During the week would be a monaro VRX, and for the weekends it would be some sort of caterham. Think that could sneak in at under 50k.
 
F355 (why would people choose a 360, they are horrid in comparison!)
330d Sport Touring
 
I'd have a Range Rover Sport 4.2V8 Supercharged, and a Mercedes Benz S55 AMG.

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One hell of a driveway and more than doable on £50k. The Mercedes would require facelifting to look that good, but thats not difficult.
 
Daily: New Nissan GT-R (give or take a few £k)
Weekend: S/C K20 powered Exige or an Atom 300
 
BMW 330i 55reg (about 20kish i think)

The rest...

Caterham 7 superlight in kit form leaving me about £8k for the build :) including tools.
 
I'd get an M5. Already got the "fun" motor, so wouldn't need to spend the money on that, but if there was any change, I'm sure the Cerb would find a use for it :D
 
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