if i had 52k spare i'd buy a mint split screen camper and stick a porsche motor in it, spend 10k on my mk1, buy a trailer 4 it, and get a garage built next to my house and probably still have change!
if I had 52k i'd buy a mk5 E30 then pay for the insurance with the money left over..
bloomin eck, how much would your usurance be!
well i've just had a look to see how much it will be for me to be insured on a 1.3 mk2 and its 2300
damn thats insane.. how old are you if you dont mind me asking?
18
ahhh, still steep though, ah well, be good for a couple of years and it'll go down quick enough. 
for the same price I can get insured on a mk4 1.4 e, so if I do get into college i've got to find a job at asda or somethin working the days I don't go college, and try and save up to get insured as I've had my license 9 months and I have still not driven on the road since, just the odd pulling the car out of the garage..