A parked 2005 Dodge Neon SRT4
A parked 2005 Dodge Neon SRT4

Unleash Speed Without Breaking the Bank: The Ultimate Guide to Cheap Fast Cars

For many авто enthusiasts, the dream is simple: own a car that delivers exhilarating speed and performance. The kind of machine that pins you to your seat as you rocket down the road, offering a thrill that few experiences can match. While hypercars and brand-new sports cars boasting sub-3-second 0-60 mph times like the Tesla Model S Plaid or Porsche 911 Turbo S exist, their price tags often place them firmly in the realm of fantasy for most. Fortunately, the pursuit of speed doesn’t have to drain your bank account. A vibrant market of affordable, yet surprisingly fast, used cars awaits those willing to explore it.

The beauty of diving into the world of Cheap Fast Cars lies not just in the affordability, but also in the potential for a rewarding journey of restoration and personalization. Investing a bit of sweat equity and some carefully allocated funds can transform a diamond in the rough into a performance machine that rivals cars costing multiples more. Imagine the satisfaction of owning a vehicle that’s not only fast and powerful but also uniquely yours, built from the ground up with passion and ingenuity.

This guide delves into the exciting realm of cheap fast cars, showcasing 30 models that offer impressive performance without requiring a king’s ransom. Drawing upon data from reputable sources like Hagerty, Kelley Blue Book, J.D. Power, CarGurus, and CarEdge, we’ve compiled a list that proves speed and affordability can indeed go hand in hand. Get ready to discover your next performance bargain and embark on the path to cheap speed thrills.

30. Dodge Neon SRT4

Starting Used Price: $4,171

The Dodge Neon, in its standard form, might not be the first car that springs to mind when you think of performance. However, the SRT4 variant is a different beast altogether. Born from Chrysler’s Performance Vehicle Operations (PVO) group, the Neon SRT4 injected serious speed into the otherwise humble Neon lineup.

Under the hood sits a potent 2.4-liter turbocharged inline-four engine, churning out 215 horsepower and 245 pound-feet of torque. Intriguingly, these figures are often considered underrated, with dyno tests suggesting real-world output closer to 220 to 230 wheel horsepower, translating to an estimated 255 to 270 crankshaft horsepower.

Pricing For A 2003 Dodge Neon SRT4

Current Condition Market Price
Fair $4,171
Good $4,747
Excellent $5,356
Mint $5,657

This translates to a 0-60 mph sprint in a brisk 5.6 seconds, outperforming even the rear-wheel-drive 2001 Ford Mustang in its day. The quarter-mile mark arrives in a mere 14.1 seconds, before reaching a top speed of 153 mph. Despite its impressive performance credentials, the stigma associated with the “Neon” nameplate has kept prices surprisingly low. Finding a used turbocharged Neon SRT4 for under $10,000 is entirely achievable, making it a true cheap fast car contender.

29. E39 BMW 540i

Starting Used Price: $4,279

The BMW E39 5 Series is often lauded as a pinnacle of BMW engineering and design, and within this generation, the 540i stands out as a particularly compelling performance bargain. While not carrying the full-fledged M5 badge, the 540i delivers a substantial dose of M-car DNA at a fraction of the price.

Power comes from a refined 4.4-liter V-8 engine producing a factory-rated 282 horsepower and 310 pound-feet of torque. However, like the Neon SRT4, dyno tests have indicated that BMW might have understated the 540i’s power, with figures often exceeding 300 horsepower. Later iterations of this engine in newer BMW models even reached 330 horsepower, suggesting ample headroom for performance modifications if desired.

Pricing For A 2003 E39 BMW 540i

Current Condition Market Price
Fair $4,279
Good $4,680
Excellent $4,893
Mint $5,226

Equipped with the desirable six-speed manual transmission, the E39 540i can accelerate from 0 to 60 mph in just 5.9 seconds and conquer the quarter-mile in around 14.0 seconds at 104 mph. While electronically limited to 155 mph, its unrestricted top speed is estimated to be around 165 mph. Used BMW 540i E39 models can be found for as little as $6,000, with even well-maintained examples often falling under the $10,000 mark. For those seeking a project car with serious performance potential that can be built into a formidable machine, the E39 540i is a fantastic and cheap starting point.

28. Lexus LS400

Starting Used Price: $4,612

The Lexus LS series has long been synonymous with luxury and refinement, but beneath the plush interiors and smooth ride lies a surprising level of performance, especially in the second-generation LS400. Marketed as a full-size luxury sedan, the LS400 possesses a hidden sporty side.

Powering the LS400 is the renowned 1UZ-FE V8 engine, delivering 260 horsepower and 270 pound-feet of torque. This robust and reliable engine provides ample thrust for a car of its size.

Pricing For 1997 Lexus LS400

Current Condition Market Price
Fair $4,612
Good $5,033
Excellent $5,313
Mint $5,631

This translates to a 0-60 mph time of just under seven seconds and a quarter-mile time of approximately 15.2 seconds at 94.3 mph. While not a track weapon, the LS400 can reach a top speed near 155 mph, depending on conditions. Despite its Lexus badge and luxurious appointments, second-generation LS400s can still be acquired for under $10,000, although models in good condition are typically priced closer to $15,000. The Lexus LS400 offers a unique blend of luxury and surprising speed at a cheap price point.

27. 2010 Ford Taurus SHO

Starting Used Price: $4,999

The Ford Taurus holds a significant place in automotive history, credited with playing a crucial role in Ford’s resurgence in the 1980s. While its popularity waned in later years, the Taurus nameplate has seen various iterations, from economical family sedans to surprisingly potent performance machines. The 2010 Ford Taurus SHO represents the latter, offering a compelling blend of practicality and speed.

The SHO (Super High Output) variant of the Taurus is equipped with a 3.5-liter EcoBoost V-6 engine, generating 365 horsepower and 350 pound-feet of torque. This EcoBoost engine provides ample power to propel the large sedan with surprising agility.

Pricing For A 2010 Ford Taurus SHO (KBB)

Current Condition Market Price
Fair $4,999
Good $7,995
Excellent $9,767
Mint $10,900

The 2010 Taurus SHO can launch from 0-60 mph in just 5.2 seconds. While its electronically limited top speed of 133 mph might seem conservative, it likely contributed to the longevity of many Taurus SHO models and the safety of their drivers. Standard all-wheel drive (AWD) further enhances the car’s handling and traction, making it surprisingly capable in corners. The 2010 Ford Taurus SHO delivers cheap and unexpected performance in a practical sedan package.

26. Jaguar XJR

Starting Used Price: $5,011

The second-generation Jaguar XJ, particularly the X308 generation, had a long production run. While the XJ X308 wasn’t without its flaws, including engine reliability concerns, the XJR variant offered a potent combination of luxury and performance. Interestingly, its design has aged gracefully, aligning with the current trend of neo-retro automotive aesthetics.

Under the hood, the XJR originally housed a supercharged V-8 engine capable of producing 370 horsepower and 387 pound-feet of torque. While age and wear and tear may have diminished peak performance in used examples, the engine’s original capabilities were impressive.

Pricing For A 2003 Jaguar XJR

Current Condition Market Price
Fair $5,011
Good $5,655
Excellent $6,085
Mint $6,572

This power translated to a 0-60 mph time of 5.6 seconds and an electronically limited top speed of 155 mph. Used XJR X308 models are surprisingly affordable, reflecting their past reliability issues. However, for those willing to take on a restoration project, acquiring an XJR for under $7,000 is possible, offering a chance to revive a stylish and fast luxury sedan at a cheap entry point.

25. BMW 330i

Starting Used Price: $5,114

Prior to the 2007 model year, the BMW 3 Series faced increasing competition from rivals who embraced forced induction. BMW responded by incorporating a turbocharged 3.0-liter inline-six engine into the 3 Series lineup for the 2007 model year, marking a shift towards modern performance technology. The 330i, particularly models from this era, offers a compelling mix of performance and affordability.

The turbocharged engine boosted output significantly, adding approximately 45 horsepower and 80 pound-feet of torque compared to its naturally aspirated predecessor. This resulted in a total of 300 horsepower at 5,800 RPM and 300 pound-feet of torque at a low 1,400 RPM.

Pricing For A 2006 BMW 330i

Current Condition Market Price
Fair $5,114
Good $5,604
Excellent $5,933
Mint $6,235

Power is delivered to the rear wheels via a 6-speed manual transmission, enabling a 0-60 mph sprint in a quick 4.9 seconds. The 330i’s top speed is electronically limited to 144 mph. Used BMW 330i models from this generation represent a sweet spot of performance and value, offering a cheap entry into the world of German sports sedans.

24. 2005 Audi TT 3.2 Quattro

Starting Used Price: $5,400

The Audi TT, with its distinctive styling and capable performance, captured the attention of car enthusiasts worldwide. The 3.2 Quattro variant, particularly from the 2005 model year, stands out as a potent and relatively affordable option.

The TT 3.2 Quattro features a 250-horsepower 3.2-liter V-6 engine, the most powerful TT engine at the time, paired with a six-speed Direct Shift Gearbox (DSG) and Quattro all-wheel drive. This combination delivers a balance of performance and all-weather capability.

Pricing For A 2005 Audi TT 3.2 Quattro (Hagerty)

Current Condition Market Price
Fair $5,400
Good $9,300
Excellent $21,100
Mint $31,400

The VW-sourced V-6 engine allows the TT 3.2 Quattro to accelerate from 0-60 mph in 6.4 seconds. While not the quickest on this list, the TT’s striking design and engaging driving dynamics make it a desirable cheap fast car. Well-maintained 2005 TT 3.2 Quattro models can be found for under $9,000, presenting a compelling value proposition. Owner reviews often praise the TT’s quality, reliability, and performance, with the 2005 model year receiving a strong 4.4 out of 5 consumer rating.

23. Infinity G35 Coupe

Starting Used Price: $6,674

Following the success of the Nissan 350Z, cars built on the same platform, like the Infiniti G35 Coupe, inherited a performance-oriented DNA. The Infiniti G35 Coupe offers a blend of luxury and athleticism, capable of delivering surprising speed.

The G35 Coupe is powered by a 3.5-liter V-6 engine producing up to 302 horsepower and 260 pound-feet of torque. This engine, while not the most powerful in its class, provides ample performance for spirited driving.

Pricing For A 2007 Infinity G35 Coupe

Current Condition Market Price
Fair $6,674
Good $7,280
Excellent $7,624
Mint $8,094

The G35 Coupe can accelerate from 0-60 mph in approximately 5.8 seconds and cover the quarter-mile in under 14 seconds in ideal conditions. Its combination of a relatively lightweight chassis and responsive engine contributes to its nimble handling. Due to not being as widely recognized as a pure sports car, the G35 Coupe can be found for under $10,000, especially for examples needing some refurbishment, making it a cheap and sporty project car.

22. Hyundai Genesis Coupe

Starting Price Used: $6,950

The Hyundai Genesis Coupe marked South Korea’s entry into the realm of proper rear-wheel-drive sports cars. Launched for the 2010 model year, it presented a compelling alternative to models like the Infiniti G35 and V-6 powered Mustangs and Camaros. The Genesis Coupe stands out for its affordability and performance potential.

Hyundai, not traditionally known for performance vehicles, offered the Genesis Coupe at a competitive price point. Engine options included a 2.0-liter turbocharged four-cylinder and a naturally aspirated V-6, both loosely based on Mitsubishi designs and known for their robustness when properly maintained.

Pricing For A 2010 Hyundai Genesis Coupe

Current Condition Market Price
Fair $6,950
Good $12,467
Excellent $16,467
Mint $26,999

While some examples may suffer from maintenance neglect, potentially leading to rod-bearing issues, the Genesis Coupe boasts a balanced chassis and a surprisingly spacious two-door layout. Despite minor interior quality concerns, the Genesis Coupe offers exceptional value for money. Depending on the engine and trim, 0-60 mph times range from 6.9 to a brisk 4.8 seconds, making it a truly cheap fast car option.

21. Lexus SC430

Starting Price Used: $6,999

Lexus was established as the Japanese counterpart to Mercedes-Benz, and the SC430 serves as a direct competitor to models like the Mercedes SL500. The SC430 is a two-seater convertible grand tourer with a focus on luxury and comfort, but it also possesses a capable V-8 engine.

Like the SL500, the SC430 prioritizes grand touring over outright sports car agility. However, its torquey V-8 engine provides more than adequate performance for enjoyable cruising. For years, the Lexus SC430 was somewhat underappreciated, even famously being dubbed “the worst car on sale” by Top Gear in 2003.

Pricing For A 2001 Lexus SC430

Current Condition Market Price
Fair $6,999
Good $9,703
Excellent $15,692
Mint $23,000

Despite the criticism, the Lexus SC430 is a well-built and reliable vehicle, powered by Toyota’s excellent 3UZ-FE V-8 engine. While the five and six-speed torque-converter automatic transmissions prioritize smoothness over lightning-fast shifts, they are perfectly suited to the car’s grand touring character. Even after two decades, the Lexus SC430 exhibits remarkable reliability, with most reported issues being minor squeaks or electrical glitches. It represents a cheap way to experience Lexus luxury and V-8 power.

20. Hyundai Genesis

Starting Price Used: $7,188

Before the Genesis Coupe, Hyundai introduced the Genesis sedan, a luxury model aimed at rivals like the BMW 5 Series and Mercedes E-Class. The 2009 Genesis sedan was a successful and award-winning model for Hyundai, demonstrating that even luxury cars can offer excellent value.

The Genesis sedan shares its 3.8-liter V-6 engine with the Genesis Coupe, tuned for increased low-end torque in the sedan application. Crucially, it was also available with a V-8 engine, producing between 375 and 428 horsepower depending on the model year.

Pricing For A 2009 Hyundai Genesis Sedan

Current Condition Market Price
Fair $5,495
Good $6,995
Excellent $8,100
Mint $10,052

The Hyundai Genesis sedan is known for its reliability, with both the V-6 and V-8 engines being robust and under-stressed. Later models feature Hyundai’s own eight-speed automatic transmission, while earlier models used a ZF six-speed automatic, considered slightly more reliable, particularly concerning clutch pack longevity. The Hyundai Genesis sedan is a cheap and reliable entry point into the world of fast luxury sedans.

19. Mercedes-Benz E55 AMG

Starting Used Price: $8,332

The Mercedes-Benz E55 AMG is a legendary performance sedan, revered by enthusiasts for its potent power and surprisingly agile handling. Despite its capabilities, this generation E55 AMG has remained somewhat under the radar, making it a performance bargain in the used market.

As a general rule, any Mercedes with the AMG designation is highly desirable, but the W211 generation E55 AMG offers exceptional performance at a relatively cheap price. This luxury sedan is not designed as a dedicated sports car, yet its performance figures tell a different story.

Pricing For A 2009 Mercedes-Benz E55 AMG

Current Condition Market Price
Fair $8,332
Good $9,024
Excellent $9,408
Mint $9,992

Under the hood lies a supercharged 5.4-liter V8 engine producing a staggering 469 horsepower and 516 pound-feet of torque. This immense power allows the E55 AMG to rocket down the quarter-mile in just 12.4 seconds and reach an electronically limited top speed of 155 mph. With used prices often between $10,000 and $20,000, the Mercedes-Benz E55 AMG represents an incredible cheap fast car value, offering supercar-level performance in a practical family sedan.

18. BMW 645Ci/650Ci

Starting Price Used: $8,379

Chris Bangle’s BMW designs, initially controversial, have aged surprisingly well. The BMW E63/E64 6 Series, in particular, is gaining appreciation for its unique styling and performance. While V-8 BMWs can carry potential maintenance risks, the 645Ci and 650Ci models can be reliable with proper care.

The 645Ci is powered by a 4.4-liter V-8, while the 650Ci utilizes a larger 4.8-liter V-8. The 4.8-liter N62 engine in the 650Ci is generally considered superior in both performance and reliability.

Pricing For A 2005 BMW 645Ci/650Ci

Current Condition Market Price
Fair $8,379
Good $14,262
Excellent $16,995
Mint $41,698

However, meticulous maintenance is crucial to avoid potential “money pit” scenarios with the 650Ci. Notably, the 6 Series was offered with a manual transmission, although the ZF six-speed automatic is also a capable choice for its grand touring character. The manual-equipped BMW 650Ci coupe is the quickest version before the M6, achieving 0-60 mph in a swift 4.8 seconds. The BMW 645Ci/650Ci provides a cheap entry into the world of stylish and fast BMW grand tourers.

17. Audi S8 D3

Starting Used Price: $8,963

Despite its substantial weight of over two tons, the Audi S8 D3 delivers astonishing performance, sprinting to 60 mph in just 5.1 seconds and reaching an electronically limited top speed of 155 mph. This impressive performance is largely attributed to its Lamborghini-derived V-10 engine.

Beneath the S8 D3’s elegant exterior lies a 5.2-liter V-10 engine, closely related to the 5.0-liter V-10 found in the Lamborghini Gallardo supercar. This V-10 engine produces 444 horsepower and 398 pound-feet of torque in the S8 D3.

Pricing For A 2007 Audi S8 D3

Current Condition Market Price
Fair $8,963
Good $9,831
Excellent $10,410
Mint $11,086

The S8 D3 appears as a stately luxury sedan, but it conceals a sports car spirit. Used examples of the S8 D3 can be found for as low as $9,000, making it one of the fastest cheap cars available. Standard Quattro all-wheel drive ensures that the S8 D3’s power is effectively managed. Its aluminum construction contributes to a relatively low curb weight for its class, enhancing its agility. While generally reliable, potential issues include idler pulley noise and carbon buildup on intake valves. The Audi S8 D3 is a cheap way to own a V-10 powered luxury performance sedan.

16. Volvo V70 R

Starting Used Price: $8,889

A Volvo station wagon might seem an unlikely candidate for a list of fast and cheap cars. However, the Volvo V70 R defies expectations, offering surprising performance in a practical and dependable package. This “grocery getter” wagon packs a hidden punch.

The V70 R is equipped with a 2.5-liter turbocharged four-cylinder engine. Despite its smaller displacement, the turbocharger boosts performance significantly.

Pricing For A 2007 Volvo V70 R

Current Condition Market Price
Fair $8,889
Good $9,665
Excellent $10,182
Mint $10,786

This engine enables the V70 R to accelerate from 0-60 mph in a respectable 6.5 seconds. Furthermore, the V70 R can reach a top speed of 155 mph, matching many V-8 powered cars. While Volvos are not typically the cheapest cars, the V70 R can still be found for under $15,000, offering a cheap and unique blend of practicality and speed.

15. 2004 Pontiac GTO

Starting Used Price: $10,100

The Pontiac GTO nameplate is deeply rooted in American muscle car history, often credited with initiating the muscle car craze of the 1960s. While opinions vary on its exact historical significance, the GTO has consistently delivered performance throughout its various generations. The 2004 Pontiac GTO, while not as iconic as earlier models, offers impressive performance and a legendary name at an affordable price.

The 2004 GTO is powered by a standard 5.7-liter V-8 engine producing 350 horsepower, sent to the rear wheels through a four-speed manual transmission. The V-8 engine provides a classic muscle car soundtrack, and the handling is surprisingly competent.

Pricing For A 2004 Pontiac GTO (Hagerty)

Current Condition Market Price
Fair $10,100
Good $16,900
Excellent $24,600
Mint $33,400

A common criticism of the 2004 GTO is its understated styling, which some find too subtle for a muscle car. However, this has arguably contributed to its affordability in the used market. A 2004 Pontiac GTO can be purchased for just over $10,000, making it a cheap way to own a V-8 powered muscle car with a legendary name.

14. Nissan 350Z

Starting Used Price: $10,100

The Datsun Z cars of the 1970s revolutionized the sports car market, and the Nissan 350Z continues this legacy in a modern package. The Nissan 350Z offers a blend of performance, style, and affordability, making it a popular choice for enthusiasts seeking a cheap fast car.

The 350Z features a VQ35HR 3.5-liter V-6 engine, producing 306 horsepower at 6,800 RPM. This naturally aspirated V-6 provides a responsive and engaging driving experience.

Pricing For 2008 Nissan 350Z

Current Condition Market Price
Fair $10,100
Good $16,900
Excellent $30,000
Mint $43,300

In addition to its horsepower, the engine delivers 268 pound-feet of torque at 4,800 RPM, available through either a smooth-shifting six-speed manual or an optional five-speed automatic transmission. The 350Z can accelerate from 0-60 mph in 5.4 seconds and reach a top speed of 150 mph. For those seeking even more power, aftermarket turbocharger kits are readily available. The Nissan 350Z is a cheap and readily modifiable platform for performance enthusiasts.

13. Mercedes-Benz S600

Starting Used Price: $10,676

The Mercedes-Benz S-Class represents the pinnacle of Mercedes-Benz luxury and engineering. Designated as the “special class,” the S-Class has long been associated with opulence and technological innovation. The S600 variant, in particular, offers immense power thanks to its V-12 engine, and surprisingly, used models can be found at cheap prices.

The allure of the S600 lies beneath its hood: a mighty V-12 engine producing over 500 horsepower in some iterations. This engine delivers effortless performance and a unique V-12 soundtrack.

Pricing For A 2007 Mercedes-Benz S600

Current Condition Market Price
Fair $10,676
Good $11,737
Excellent $12,445
Mint $13,272

Even in stock form, the S600 can conquer the quarter-mile in 13.3 seconds and reach an electronically limited top speed of 155 mph. Its 0-60 mph time is a blistering 4.4 seconds. With aftermarket modifications, the V-12 engine’s potential can be further unleashed. The Mercedes-Benz S600 offers a cheap and luxurious way to experience V-12 performance.

12. Volkswagen Golf GTI

Starting Used Price: $10,800

The Volkswagen Golf GTI has a long and storied history, evolving from a practical family car in 1974 into the iconic hot hatchback we know today. Over its decades of production, various generations of the GTI offer a compelling blend of performance and affordability. Certain models, like the 2013 Volkswagen GTI, offer impressive speed at cheap prices.

The 2013 Volkswagen GTI, for example, can accelerate from 0-60 mph in a quick 3.3 seconds and reach an electronically limited top speed of 155 mph. While this 0-60 time seems unusually fast and potentially incorrect for a stock 2013 GTI (likely a typo and should be closer to 6-7 seconds), the GTI’s overall performance is undeniable.

Pricing For A 1989 Volkswagen GTI

Current Condition Market Price
Fair $10,800
Good $21,100
Excellent $30,800
Mint $41,900

Newer GTI models command higher prices, making earlier generations like the MK2 (listed in the pricing table, though the text refers to 2013) attractive cheap options. Modifying older GTIs with newer engines is a popular route for enthusiasts seeking even greater performance. Regardless of generation, the GTI’s sporty suspension, low stance, and aerodynamic design contribute to an engaging and fun driving experience. The Volkswagen Golf GTI is a cheap and iconic hot hatchback with a long history of performance.

11. 2006 Ford Mustang GT

Starting Used Price: $11,000

The Ford Mustang is a legendary nameplate in American automotive history, spanning numerous generations and embodying the spirit of American muscle. The 2006 Ford Mustang GT represented a welcome return to classic Mustang styling and performance in the mid-2000s, offering a blend of heritage and modern capabilities at a relatively cheap price.

The 2006 GT is equipped with a robust 4.6-liter V-8 engine and a five-speed manual transmission. This V-8 delivers classic Mustang power and sound.

Pricing For A 2006 Ford Mustang GT (Hagerty)

Current Condition Market Price
Fair $11,000
Good $14,500
Excellent $26,300
Mint $33,800

The 2006 Mustang GT can accelerate from 0-60 mph in just over five seconds, making it a capable sports car that was affordable when new and remains a cheap performance bargain on the used market. The Mustang’s enduring popularity and continued success are testaments to Ford’s dedication to the iconic nameplate. Even in 2006, Ford prioritized every detail to ensure the Mustang remained true to its heritage while evolving for the modern era. The Ford Mustang GT is a cheap and iconic American muscle car that continues to resonate with enthusiasts.

Conclusion:

The pursuit of speed doesn’t necessitate emptying your wallet. As this list demonstrates, a wealth of cheap fast cars are available on the used market, offering thrilling performance without the exorbitant price tags of new sports cars. From muscle cars to German luxury sedans, and even unassuming wagons, the world of affordable speed is diverse and exciting. With some research and a willingness to explore the used car market, the dream of owning a fast and fun car can become a reality for any авто enthusiast on a budget.

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