Bugsy's Car Conundrum

RAY: Last week before the show we were talking about Bugsy's car collection. For the twenty plus years that we've known him, Bugsy has regaled us with tales about his Corvette restoration, his '63 Lincoln Continental Limo and lots of other classic cars that we've never seen and his wife didn't know he owned, until today. So we're sitting there and Tommy makes the following statement, 'Bugsy owns 50 cars. Maybe even more.'

Dougie says, 'No way. I know for sure that he owns fewer than 50 cars.'

Louie Cronin says, 'I know he owns at least one car.'

So Tommy says, 'Bugsy owns 50 cars, maybe more.' Berman says, 'No, no, no, he owns fewer than 50 cars, I know that for sure.' And Cronin says, 'I know one thing, he owns at least one car.'

Only one of these statements is true. How many cars does Bugsy really own?

Think you know? Drop Ray a note!

[ Car Talk Puzzler ]