The Impreza Turbo has become a cult figure in sports car circles, bringing near supercar performance and rally car handling to the masses at incredible prices. Now 10 years old, early Turbos can be had for just £5k, even special editions like the RB5 are now around the £10k mark.

Rarely does a sportscar offer so much for so little. Just £5000 gets you rapid turbo performance (155mph and 0-100mph in just 14 sec), Ferrari looks and surprising 4-seat practicality with a decent boot. Go for the 20v Turbo with leather and air con - you won't regret it!

It may be approaching it's 20th birthday but the M635Csi still has the class to make it a very tempting alternative to today's humdrum saloons. Around £8k is all you need for nearly 300bhp, 160mph, electric everything and leather lined luxury, not forgetting the cachet of the "M" badge.

Nothing comes close the the Supra's performance at this money. The twin-turbo version dispatches 60mph in 5 sec and 100mph just 7 seconds later. Handling is great, looks are superb and reliability is legendary. Just be wary of cheap stolen imports if buying in the UK.

If you're looking for a fast, practical 4 seater coupe that is equally at home on road and track then the E36 M3 Evo should be near the top of your list. Good examples can be had for just £12k, with 321bhp, track proven handling and BMW build quality for true everyday usability.

With the introduction of the S2, prices of original S1 Elises are finally dropping to sensible levels. £10000 is all it takes to get your hands on one of the best handling convertibles around. The plus points (fun handling, 35mpg economy) far outweigh any lingering reliability issues. 

Bought new, the XJR was a depreciation nightmare for it's owners, but their loss is your gain. Around £10k puts you into the driving seat of this £50k Jag, while £20k gets you a mint XJ8 with all the leather and electric goodies you will ever need, not to mention a 370bhp supercharged V8!

The stylish 350Z is the current pick of the bunch in the competitive hot hatch market. It looks good, handles well and has clearly the best performance with 60mph arriving in 5.8 seconds. Best of all, a brand new one is yours for just £24k, if you're prepared to join the queue.

Even though it's only four years old, the mighty Tuscan can be yours for as little as £24k, a phenomenal price considering the amazing performance on offer. However, don't forget to budget for the inevitable maintenance bills as TVRs still have a knack of leaving a hole in your pocket.

Prices of the fantastic 993 Turbo have remained reasonably high due to the relative unpopularity of the 996. Even so, less than £40k buys one of the greatest supercars ever made with over 400bhp giving genuine 180mph+ performance and amazing 4wd grip.

Cars like the Aston Martin DB7 used to be unobtainable to the man in the street due to their high price when new. Fortunately, we have the savior of depreciation, which puts one of the most beautiful ever coupes into our hands for the price of a BMW 5-series or Merc E class.

Due to it's unrelenting popularity, prices of the F355 have remained reasonably high. However, £40k now gets one of the best looking cars on the planet with performance to match and the greatest badge around. For resale, go for Rosso with Crema but skip the unproven F1 gearbox.

Hailed as the true successor to the Daytona, the accomplished 550, which retailed for £150k new, now commands a far more reasonable £60k fee. Looks are debatable but performance is superb and handling better than it's pricey descendant the 575M.

If you and your three passengers want to arrive at your destination in great comfort and at even greater speed then the M5 is just about the best in the business. Such is demand that if you time your new purchase well, you could sell in a years time and get back more than you paid.

When you consider the costs of  some of the Turbo's rivals, the best all round supercar in the world is hugely underpriced! Just £65k gets a four year old LHD, while a pristine UK spec model will cost around £75k. However, expect prices to fall with the imminent arrival of the 997.

It's a luxury cruiser and a 500bhp supercar. It's a stylish coupe and a super fast convertible. The SL55 is just about the perfect car and it's now fallen well below the £95k asking price for a new one. Around £75k buys a future classic, if the disappointing build quality holds up!

It may not be the real bargain that the F355 has become but the 360 Modena is one of the most sought after supercars on the market, and it's now available from just £70k for a left hooker. Don't buy just yet though, as the forthcoming F430 should push down prices even further.

The GT3 RS could well be the most desirable 911 ever produced. It has all the appeal of the classic 1970's RS, with the advantage of modern day performance and handling. Expect to pay well over the £84k book price but don't expect to lose money if you ever bring yourself to sell.

Retro appeal has ensured that the limited run of GTs will attract a very high premium over the already reasonable £120k list price. Expect to pay up to £150k for this 500bhp mobile work of art. In performance terms, nothing in this price bracket comes close.

The best Lambo in years means that Gallardos are at a premium over their new list price of £117k. However, £100k does put you on the ladder, if you're happy with left hand drive. An incredible bargain considering that the Murcielago offers little more for a £50k premium!

The gorgeous Continental GT offers the ultimate in quality and refinement but with a serious 550bhp kick when the mood takes you. Bentley's coupe is proving so popular that there are long waiting lists and price premiums but most experts agree it would have been a bargain even at £150k.

It is a sign of the awesome respect in which the F40 is held that prices have never dropped below £150k since the car's launch some 17 years ago. Even though Ferrari  produced only 1500 units, there are always plenty of examples available of this the ultimate drivers car.

Now under the auspices of BMW, the new Rolls Royce Phantom retains all the old school charm and luxury while adding modern handling and performance. RR have always depreciated heavily, but don't expect any discounts as yet on the substantial £240k asking price.

In the Zonda, Pagani has produced a supercar capable of standing shoulder to shoulder with it's more famous Italian rivals. Although only produced in very small numbers, the 200mph Zonda has hit the second hand market from around £200k, a considerable saving on new.

Unlike many of it's rivals, Porsche hasn't limited the Carrera GT to just a handful of examples, over 1500 will eventually be produced. However, it is going to cost you well over the £318k asking price to own what is considered by many, to be the world's greatest supercar.

Initially given a bad press due to it's questionable styling and comparison to it's remarkable predecessor the F40, the F50 has gradually gained recognition as a superb performer. Around £300k will see you behind the wheel of Ferrari's Formula 1 car for the road.

Koenigsegg initial claims for the CC8S may have been optimistic, but the new 800bhp, 245mph CCR certainly cuts the mustard! Production has only just begun, so expect to pay a substantial premium over the quite reasonable £307k asking price over the coming months.

While half a million pounds can never be considered a bargain, most enthusiasts will agree that where the 240mph McLaren F1 is concerned, it is value for money. A whopping £630k when new, less than 100 roadgoing F1s were produced, so depreciation is unlikely to be a problem!

The huge £100-£200k premiums that the Enzo is currently attracting, is testament to the pulling power of Ferrari's fastest ever road car. All 399 examples were allocated to selected enthusiasts within days of it's launch, but many have since found their way into supercar showrooms.

The Ferrari 250GTO is without doubt the ultimate collectable supercar. Just 39 of these road going racers were produced, keeping resale values extremely high. Reputedly selling for £10m during the boom of the 1980's, they are now available for a far more reasonable £2m!