There’s a good reason to get excited by the best used cars for £50,000.
In a world filled with electric cars that start from £40,000 and the average price of new models generally going in one direction, it’s refreshing to learn that you can still buy into rapid, LEZ-dodging combustion territory for the same price as a Peugeot e-208.
And if it was between that car and the sort of machinery about to grace your eyes, we think it would be a foregone conclusion as to which one would end up on your driveway.
And that’s because £50,000 buys you some of the most nerve-tingling, grin-inducing, ear-pricking thrills from over the last 25 years - one of the best eras in motoring history.
You’ll find a handful of tenable supercars, high-performance SUVs and a fair selection of desirable coupes that are, right now, on the less expensive rung of the modern-classic appreciation ladder. You can also expect a decent warranty at this level, unless you’re buying privately.
The forthcoming list includes cars with no more than 40,000 miles, raspy and characterful engines, stand-out looks and a distinct lack of batteries, apart from the one that powers the alternator.
The best used cars for £50,000 and under
These are every bit as outrageously competent and delicate to drive as you'd imagine. Even the basic versions are just fabulous sports cars.
The 997 represented a lot of firsts for Porsche's crowning glory, not least because it came dripping with technology. It was the first Porsche to get its new PDK dual-clutch transmission - a welcome departure from the sluggish tiptronic torque converter that preceded it. It was also the first to have direct injection, torque vectoring and variable geometry turbochargers on (you guessed it) Turbo models, and the first to be offered in 'Sport Classic' guise, which sold out within 48 hours.
But the way it drove made it a datum point in the evolution of what was already a monumental lineage. With a measure of performance and drivability that borders on the freakish, it seemed impossible that Porsche could top it. And that’s before you get to the engines, which range from 3.6-litres in the standard Carrera to the simply astonishing 4.0-litre unit in the GT3 RS.
As a result of this brutally Germanic attention to driveability and desirability, prices remain high and are likely to stay that way. But many are within reach, from Turbos with around 60,000 miles to Targas with less than half that, so you aren't likely to find a dog in the upper reaches of this budget.
But if you do, you'll likely find that the dampers will start to leak - an issue that costs around £1500 to be rectified. Bore scoring has also been reported, which drains the engine’s oil and your wallet’s funds. Finally, make sure the oil itself has been changed twice per year, so it can stand up to the speeds and stresses required of it.
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I own two on the list - a 2009 V8 Vantage (4.7) which I've owned for well over eight years and a 2019 F-Type convertible (the 380 hp supercharged V6 with RWD) which I've owned for well over two. Both have very comprehensive service histories and have been trouble-free and a joy to own. I've also planned for some time to replace my Jag XE with an Alfa Giulia Quadrifoglio when the time comes - so I feel that Autocar and I are very much on the same page! Speedraser is right - cars of this type will serve you well if you look after them and keep them properly maintained. With that in mind, as they get older there comes a point when they will fall into two categories - the very good ones and the very bad ones - and the values will reflect that.
Why does Autocar continue to say the V8 Vantage is unreliable??? It's just not true. They're not cheap to run, but no expensive car is. They are, however, generally very reliable. I've had my 2009 V8 Vantage from new, and it's been nearly faultless. I know many owners, and the vast majority have also experienced excellent reliability. It's about time Autocar stopped perpetuating the notion that these cars are problematic - it's just not accurate. These are special cars that are great to drive, to look at and to own.
Running costs will be the Achilles Heel of most of these cars. It's worth checking out the history files of exotic sports cars at auction. Some cars with a guide price of £40k have files containing £60k of receipts! The Mustang V8 and the Alpine A110 are probably the most affordable to run on this list. Some of the others are just a liability, which is why there's a trend to convert old sports cars to electric, to make them cheaper to run, more reliable and more usable.