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Elephino,
Good choice with the M3, my tastes are pedestrian compared to some of the above, so for the price of one new Ferrari I would have:
The M3 (three years old - second hand)
A Honda S2000 (not sure I'd fit though)
A BMW 1200RS for the longer trips and a Aprilia RSVR 1000 for the shorter ones.
I could still have $150,000 left for entertainment expenses.
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