Put the money towards the house, as I always recommend every time one of these threads comes up....
...once you've got the house, and have some equity, you will then be afforded greater buying power. This means you can build a track car, build a turbo KA, etc.... and still have your own roof over your head. If you blow the money on the car now, you end up with painful depreciation, and no house, and no money to put towards the house. <--A lose-lose situation!!
Must think long term.
Large sums of money can disappear in a poof of smoke if you dump it all on things that do not appreciate in value...the house will actually make you money, give you greater buying power, and allow you to store, work on, and pay for all your toys.
-Phil:rant