Top 10 Fast Cheap Supercars for Under $20K

These cars were once expensive exotic supercars, but now these speed demons can be found for under 20k

Updated: March 11, 2024  // 

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As a fellow gearhead who’s mindful of expenses, the notion of owning a supercar may seem unattainable. Indeed, these high-octane beasts are renowned for their exorbitant price points, often surpassing the $100k threshold with ease. Nonetheless, there exist alternatives for those who are ready to make concessions on certain specs or opt for a pre-owned version. We’ll be revving up our engines and hitting the gas on the most wallet-friendly rides that’ll have you feeling like a million bucks for less than 20 grand. Let’s hit the road!

1. Porsche 944

Porsche 944

While the Porsche 911 may steal the spotlight, the 944 remains a top choice for budget-conscious gearheads seeking an exotic supercar experience. This ride was in production from ’82 to ’91 and boasts a 2.5L inline-four powerplant churning out 147 horses. Though it may not seem like much, the svelte physique of the 944 enables it to hit a blazing 130 mph. This is the sleeper of the Porsche community but it also has a sleek and aerodynamic design, with a low profile and wide stance that is all it’s own.

2. Lotus Esprit

Lotus Esprit

The Lotus Esprit is a classic British supercar that was produced from 1976 to 2004. Why go broke for a fresh-off-the-line Esprit when you can score a sweet ride for under 20 grand? Let someone else take the depreciation hit while you rev up the engine and hit the road. This steal of a car has a beautiful wedge-shaped design. The Esprit boasts a 2.2-liter four-banger churning out approximately 160 horses, so it can still deliver the speed when it needs to. For those who appreciate the finer things in life, this exotic supercar is a must-have in any collection.

3. Audi R8

Audi R8 long

You might think this car can only belong to rich car collectors like Andrew Tate, but the Audi R8 is a relatively new addition to the supercar scene, having been introduced in 2006. The R8 can achieve 187 mph with its beastly V8 engine and 420 horsepower. The Audi R8 is a remarkable supercar that seamlessly blends opulence and power, setting it apart from its peers. This ride boasts a streamlined and wind-cheating body, hunkered down with a menacing presence. It also has great handling and a smooth ride, making it a pleasure to drive on both highways and winding back roads. If you’re on the hunt for a sleek and stylish speed demon that won’t leave your wallet in shambles, we LOVE the Audi R8 as our top contender.

4. Chevrolet Corvette C4

Chevrolet Corvette C4

The Chevy Corvette is an iconic American performance vehicle that has been in production since 1953. Although the latest iterations may break the bank with a six-figure price tag, there are some stellar pre-owned specimens from the C4 era that can be had for less than $20K. A used C4 Corvette can be viewed as a turnkey hot rod package. For those seeking weekend thrills with a C4 build, we recommend getting a 1992-1996 model featuring the LT1 powerplant. This will streamline powertrain and suspension upgrades, resulting in significant cost savings. Prior to whipping out the plastic, we recommend acquainting yourself with the C4’s on-track demeanor to ensure judicious allocation of funds.

Related Question: Is a Chevrolet Corvette a Muscle Car?

5. Nissan GT-R

Behold, the mighty “Godzilla” of the supercar realm – the Nissan GT-R! This exotic speed demon boasts a ferocious power and lightning-fast acceleration that will leave you breathless. Behold the magnificent beast that roars with a twin-turbocharged inline-six engine and grips the road with an all-wheel drive system, this ride is the epitome of gearhead fantasy. Imported Skylines are flooding the scene. The NHTSA’s embargo on non-US-compliant cars, which lasted for 25 years, terminated in 2014 for cars from the 1989 model year. This implies that the R32 is now legally permissible to import into the United States. In short, if you can find one for under $20k, jump on Godzilla’s back.

6. Porsche Boxster

Porsche Boxster

A second Porsche, what gives? Seeking a pocket-friendly exotic supercar that’s as exhilarating as a hair-raising rollercoaster, then the Porsche Boxster is the ultimate chariot for you. The Boxster packs a punch of around 201 horsepower, taking it to top speeds of up to 149 mph. Its agility and has a suspension that’s tighter than your favorite pair of skinny jeans..

One of the great things about the Porsche Boxster is it allows you to enjoy the sunshine and wind in your hair while cruising down the open road as a drop down convertible. We will warn you to set aside some money for repairs cause while it looks amazing after all these years, when it breaks down it’ll set you back if you’re not prepared. It’s still definitely worth considering if you’re looking for a fun and affordable exotic supercar.

7. Mitsubishi 3000GT

Mitsubishi 3000GT

The Mitsubishi 3000GT is a ferocious stallion in the kingdom of high-octane rides, and it can be yours for a steal of under $20,000 if you’re willing to hunt through the second-hand jungle. Behold the mighty 3000GT, equipped with a 3.0-liter V6 powerhouse that unleashes a jaw-dropping 300 horses, propelling this beast to a top speed of 155 mph. It’s not just fast, it’s blistering! This baby’s got an all-wheel drivetrain that’ll keep you glued to the road no matter what kind of crazy maneuvers you’re pulling. The Mitsubishi 3000GT stand out benefit is its unique and aggressive design, with sharp angles and a sleek profile that gives it a futuristic look. The 3000GT boasts some top-notch tech, like active aero, quad steering, and adjustable suspension, giving you the power to tailor your driving experience to your exact preferences.

Related: How to Import a JDM Car to the USA

8. Acura NSX

Acura NSX

Image Source: MotorTrend

The Acura NSX is a classic exotic supercar that was produced from 1990 to 2005. The Acura NSX’s design is as iconic as a rockstar’s hairstyle, with a low and sleek profile that screams “I was born to race!” The car also has great handling and a responsive steering system, allowing you to take corners with ease. Keep your eyes peeled and you might just snag a steal for under 20 grand. Ah, the NSX, a true stallion of the road with its 3.0-liter V6 engine that unleashes a mighty 270 horses, propelling it to a top speed of 168 mph. Sure, the NSX may need a little TLC to keep up with its age, but what classic beauty doesn’t? The NSX is an inexpensive exotic supercar that’ll attract attention whether you want it or not, we can’t wait to pick one up ourselves.

9. Jaguar XK8

Jaguar XK8

Ah, the Jaguar XK8 – a sleek and mighty beast of a supercar that oozes luxury and power. And guess what? You can snag one for a steal of a deal under 20 grand if you’re willing to go pre-loved. Behold the mighty XK8, is equipped with a roaring 4.0-liter V8 engine that unleashes a ferocious 290 horsepower, propelling this beast to dizzying top speeds of 155 mph. This ride is smoother than a freshly paved racetrack, thanks to a suspension system that eats bumps for breakfast.

The Jaguar XK8’s allure lies in its suave and debonair physique, boasting a lengthy snout and streamlined silhouette that exudes an ageless charm. This Jag is the epitome of opulent cruising with its supple leather seats, sleek wood trim, and a sound system that’ll make your ears sing. And let’s not forget the XK8’s impressive performance and undeniable elegance – it’s the perfect ride for those who demand nothing but the best.

10. BMW M3

BMW M3

If you’re prepared to buy a used E46 BMW M3, you’ll be getting a thrilling track-oriented car at a price. The M3 boasts a 3.2L inline-six powerplant that cranks out a whopping 333 horses, enabling it to hit max velocities of 155 mph. With its souped-up suspension, meaty brakes, and LSD, this bad boy is the go-to ride for every car enthusiast.

The BMW M3’s aesthetic appeal lies in its aerodynamic and athletic design, featuring a broad posture and crisp contours that exude a fierce demeanor. This ride boasts a plethora of cutting-edge safety tech, such as traction and stability control, as well as airbags. It’s the perfect choice for speed demons who also value safety. Although the M3 may demand some upkeep and fixes due to its vintage, it’s undoubtedly a superb choice for car enthusiasts seeking a cost-effective high-octane sports car.

There are several exotic sports vehicles under $20k, each with their unique flair and performance. Whether you’re a fan of the NSX’s high-performance capabilities or the Boxster’s classic aesthetic, there’s an automobile that’ll satiate your gearhead cravings.

About The Writer

Devin Joy

Devin's love of cars came from his father and mother over 35 years ago. They always told stories of their old cars and the adventures they had in them were so amazing he dove headfirst into the car world, and never looked back.

Disclaimer: The writers of this article may have used artificial intelligence to help them with some of the material. It should not be a replacement for professional help.