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I just finished doing a seasonal event and i have 1.2m to buy a touring car and do the European seasonal event. Has anyone done this seasonal event and which car did you choose? I cant waste this money hopefully you guys can help asap 
buy a german one, so you can do the german touring championship at extreme events
This is the best advice you have been given. Two birds. One stone.
Personally, I love the BMW M3 GTR Race Car '01 the best. I actually own six of the DTM cars now (Both Audi's, the M3, the CLK, the Alfa, and Opel Calibra). I love them all. But, the BMW has the best handling, IMO, even if not quite as fast as the CLK.
Buying a german one gives you the chance to get 99K credits in 15 minutes by doing the 2-lap Nordschleife in DTC Extreme level.