Ok at first I started looking at 4.2 SC for around 12-1700k I have got 14 k cash the rest will be via a loan. The big question is do I just get a 4.2 2007-2008 or get some more money and go for the 5.0L?

I prefer the look of the 5.0L but I don't know if the 4.2 is more proven for reliability and maintenance etc, there seems to be a lot more things to go wrong down the line with the 5.0 like the LED dash.

There's also a big difference in performance

Im not worried about the performance TBH, id imagine the 5.0 at 22-27k will depreciate a lot in the coming years where as a 2007-2008 will probably start to slow down a bit now.

I think there's two points you'll need to consider;

1) How long are you keeping it for?
2) What are you using it for?
If at least 3 years, depreciation on either won't be a massively relevant point.

If it were me with £14k cash, I would personally buy a 2006 4.2SC pre tax increase with circa 60-80k miles and have it facelifted to the 2010 look. You wouldn't need a loan, have a great car, and if a large repair bill were ever needed, you'd be in a much stronger place to sort it.

I ran a 2005 4.2 from 80k to 121k miles in 2011/2012 and all it ever needed was regular service items and brake pads. I've always regarded the 4.2 as a very strong engine, and the 6 speed gearbox is pretty good too.

If you like silver with a black interior, there's always this one which sounds kind of like what Josh is suggesting