Owning a cheap performance car really should be as much about the ownership experience as the saving money (because chances are you probably won't save much!)
I really am not looking to save money on a monthly basis. Monthly outgoings are set, and take into account the cost of running the CTR which is not cheap, but easily affordable.
I can totally appreciate that I could really land myself in a huge pile of fail by changing cars and being landed with a complete lemon, which to me is the one major turn off. The CTR is a known quantity now (i.e. the juice has apparently gone from this lemon, which being fair, it was), and hasn't caused us any trouble for a little while now.
I'm just finding it hard to rationalise at the moment. The MG is not going to be as good as my CTR, I'm certain of that. However, it isn't going to be unbelievably rubbish (well saying that, I should drive one before I
really put my money where my mouth is). I can take the performance hit if necessary. I also have delusions of happily owning an E36 328i Sport, but I'm pretty sure that'll be a world of pain in reality.
Assuming that the potential car is some magical non-lemon, I can argue my way by on this point. There is a difference between selling a higher value performance car to free up money for running costs and buying something cheaper but similar in terms of performance/costs, and actually doing this to free up money for something else and being comfortably able to afford the cost of running the cheaper performance car.
The Civic VTI is viable, IF I can barter down the age requirement. I like these, and they aren't bad cars from what I've seen/read.