Most car enthusiasts dream of owning a Ferrari, Porsche or Lamborghini, but realistically not many of us will ever get the chance to own one. However, thanks to depreciation, buying a sports car at a low price no longer has to be a pipe dream.
Updated June 2022: Used car prices have changed drastically in recent years and enthusiasts can no longer easily get their hands on sports cars that were very affordable not too long ago. That’s why we’ve updated this list and added some used sports cars that can still be yours in 2022 for $15,000.
So while new sports cars are still out of the question for most enthusiasts, buying a used one can be surprisingly cheap. Even many of the more mundane cars go beyond that number. But used cars can be bought well below this price.
Here are some examples of cool, fast, and exciting sports cars and supercars that can be yours for $15,000 or less, even in today’s volatile market conditions. Not all are readily available but these are sports car currently offer some of the best values on the used market.
10 1992 Chevrolet Corvette C4
When the C4 debuted in 1984, it was one of the fastest cars out there, not just in America but around the world. Over the years the C4 has been steadily refined and gained in performance, so the best model years are to be looked for after 1990. To get the most bang for your buck, however, look for a 1992 C4, since by that time Chevy was replacing the outdated L98 with the new LT1 5.7-liter V8 making 300 hp and 330 lb-ft of torque, even by today’s standards standards is a breathtaking achievement. Here’s a 1995 Corvette in good condition for under $15,000.
9 2002 Audi TT
The first generation Audi TT is by far one of the most underrated sports cars of the 2000s. It offered a truly unique and somewhat quirky look, a comfortable cabin and great handling. Depending on the model year and equipment you choose, they also had a lot of power. Here, for example, a 2002 model with 225 hp for under $15,000 is worth every penny.
8th 2008 Pontiac Solstice
Speaking of underrated, the Solstice really needs to get more recognition. These cool looking roadsters were designed to compete with hugely popular Japanese sports cars like the Mazda Miata and Honda S2000. To achieve that goal they came with 2.4-litre inline four-cylinder engines that were good for 177 hp in their lowest trim, with the GXP models putting out up to 260 hp, which was Porsche Boxster territory at the time. But since these cars weigh well under 3000 pounds, they have plenty of power to have fun with. Here’s an impressive low-mileage example for just over $15,000.
7 1979 Mazda RX-7
If you are a lover of classic sports cars and appreciate JDM imports, the first generation Mazda RX-7 is the perfect piece of Japanese sports car history for you. These beautiful coupes embodied the sports car recipe with their front-engined RWD setup and were good for up to 135 hp. Sure, that might not be a lot of power, but remember this is an incredible project car or casual drive to take out and enjoy on the weekends. Best of all, these early RX-7 models start at incredibly low prices, so they actually represent excellent value for money.
6 2000 Porsche Boxster
Often referred to as the ‘poor man’s Porsche’, the Boxster will always be around for enthusiasts who want to enjoy one of the finest roadsters ever made without breaking the bank. Despite being over 20 years old, these still drive like brand new sports cars and pack plenty of power to have fun on canyon roads. The 2000 variant often costs less than $15,000, and don’t be surprised to find good examples around the $10,000 mark. You rarely get a Porsche badge for this price.
5 2006 Ford Mustang GT – $11,000
The Ford Mustang GT is not only good for straight line speed, but the models after 2005 have also been very adept at handling. For around 2006 or 2007 models, you can pick one up for just under the $11,000 mark. You can easily find one for around $15,000.
4 Nissan 350Z – $11,500
The Nissan 350Z is effectively the spiritual successor to the company’s long line of Z coupes. A 300-horsepower 3.5-liter V6 is a very good return for less than $15,000, and for that you can probably expect to buy a 2006 model. Near the $11,500 mark is a safe bet, with the odd also costing just over $14,000.
3 Porsche 928 – $10,000
A classic Porsche with pop-up headlights, the 928 is a favorite of many Porsche collectors due to its simple yet elegant lines and beautiful interior. True vintage 928s can cost over $15,000, but it’s possible to pick these up in the budget range for anything from $10,000 upwards, with 1980’s versions being your best bet. I would happily pay more for such a great car.
Being rather rare today and bearing the Porsche logo, these cars are now starting to appreciate in value, but many sub-$15,000 specimens still populate used car websites. Here’s an S model in great condition for just over $15,000.
2 Subaru WRX STI – $15,000
Still in production, the Subaru WRX is synonymous with the marque’s glory days in the World Rally Championship, with the likes of Colin McCrae and Carlos Sainz at the wheel. You’re looking for 2006, ’07 models, ideally under or around $15,000, maybe around $13,000. For a good one, of course, that still runs as well as new.
1 Chevrolet Corvette C5 – $14,500
Not only the Corvette C6 belongs to this budget class, but also the C5! Perhaps a bit more stylish than its eventual brother, its value for money is great if you can get one for a good price. One recently sold for $14,500 on a popular auction site from 2001, and it’s fantastic value for money. If you’re willing to settle for a high mileage model like this with 133,000 miles, you might find your perfect ‘Vette C5 for under $15,000.
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