Fastest Cars Under $10,000

A cheap fast car isn't impossible to find, and what's more is some of them are able to run a lap of Laguna Seca in less than two minutes. Here are the fastest cars you can buy on a budget.

Fastest Cars Under $10,000

If you want a fast car but can’t afford the $1.4 million LaFerrari, don’t worry there are some options out there for you. Granted these will have less than one-third the horsepower as the hybrid Ferrari’s combined 950, but these have merit oozing out of their exhausts. The best part? These are all very cheap. If you don’t care about layout, which tires get the power, or even how many doors the car has and only care about pure speed, these are some great options.

To pick these cars we went with a $10,000 price cap (although most of these fall well below that), and a sub 2-minute lap time around Monterey, California’s own Mazda Raceway Laguna Seca. Of course, cars are good for different tracks, however, Laguna Seca is well-rounded with lots of elevation changes and fast corners, which takes a balanced concoction of acceleration, lightweight and handling. Looking at a list of Laguna Seca (LS) lap times, we found the fastest cars in the sub-two minute category that cost less than $10,000 are (in order from slowest to fastest):

  • 2006 Honda Civic Si
  • 2006 Mini Cooper S
  • 2001 BMW Z3 3.0
  • 2000 Honda S2000
  • 2004 Mazda RX8
  • 2007 BMW 335i
  • 2009 Chevrolet Cobalt SS

The 0-60 mph and quarter mile times are just for flavor.

2006 Honda Civic Si
  • LS: 1:54.99s
  • 0-60: 6.2s
  • Quarter mile: 14.7s
  • $4,500
  • Front wheel drive 2.0-liter inline-four, 197 horsepower
2006 Mini Cooper S
  • LS: 1:51.98s
  • 0-60: 6.1s
  • Quarter mile: 15s
  • $3,400
  • Front wheel drive 1.6-liter inline-four, 175 horsepower
2001 BMW Z3 3.0
  • LS: 1:50.80s
  • 0-60: 6s
  • Quarter Mile: 14.7s
  • $4,000
  • Rear Wheel Drive 3.0-liter inline-six, 225 horsepower
2000 Honda S2000
  • LS: 1:50.74s
  • 0-60: 5.7s
  • Quarter mile: 14s
  • $9,500
  • Rear Wheel Drive 2.0-liter inline-four, 240 horsepower
2004 Mazda RX8
  • LS: 1:50.42s
  • 0-60: 6.0-5.7s (depending on tester)
  • Quarter mile: 15.2 - 14.1s (depending on tester)
  • $3-4,000
  • Rear wheel drive 1.3-liter Rotary, 197 horsepower
2007 BMW 335i
  • LS: 1:49.04s
  • 0-60: 4.8s
  • Quarter mile: 13.4s
  • $7,000
  • Rear wheel drive twin turbocharged 3.0-liter inline-six, 300 horsepower
2009 Chevrolet Cobalt SS
  • LS: 1:47.75s
  • 0-60: 5.7s
  • Quarter mile: 13.8s
  • $3-5,000
  • Front wheel drive turbocharged 2.0-liter inline-four, 260 horsepower

Bear in mind that depending on where you go to look for these cars the prices may vary, but these are based on KBB values. Each of these cars can be found at online used car marketplaces for $10,000 or less, some of which might take a bit more patience. Either way, these are definitely some of the cheapest yet fastest used cars you can buy.

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The Instamotor TeamThe Instamotor Team

Not your typical used car salesman. Our team is here to provide honest and transparent advice about car buying and selling.

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