I was in the same boat as you a few months ago, returning to racing after nearly 20years.
My advice for what it's worth (looking back on the last few months):
i)decide which club(s) you're going to go to.
ii)see what people are running there (both make/model and class)
iii)go with whatever the bulk use (for spare and knowledge/tips)
Your 1st year (maybe more) back in racing support for what you run is far more important than a car that is 1/10th faster. You will be the limiting factor, not the car.
I will also advise to go 2wd for the first year at least. They are cheaper to buy and run, but most importantly they will teach you again how to drive an rc properly. 4wd is faster (most places) and I do prefer how it handles, but 2wd is invaluble in teaching you how to carry corner speed, throtle control etc. I short terms it will make you a better driver, even if ultimatelly you go 4wd.
For the UK, mid motor 2wd buggys have a distinct advantage (asto/carpet/grass), so I would advise getting one that can be had in that format. I really do like the B4.2 (and most associated cars), but by the time you add a conversion kit it gets very expensive for the class (and a a novice probably a waste, later on maybe).
Motor turn wise, see what people are running at the tracks you'd be going. A big outdoor track will want something a bit faster than a tight indoors, but stay on the slower end, since this will make the car easier to drive and probably be faster over a lap.
Have you got a max budget? Easier to make suggestions that way.
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