My Top 10 Enthusiast Cars Under $5,000

10. Mk4 Volkswagen Golf GTI

Often labelled as the worst Golf GTI, this enthusiast choice is easy to find in the classifieds for under $5k with a bearable amount of mileage. Easy to find with a manual transmission and with a large owner’s community, it can be fun to own. In my opinion it isn’t that bad. I would prefer the Mk5 Golf GTI, but it is sadly out of the price range.

9. Mercedes-Benz SL-Class (R129)

These beauties sold brand new for around $100k. Today, however, they are not hard to find for under five grand if you avoid the more expensive SL 600 V12. Maintenance costs are a huge factor to consider when buying an R129. It is a luxury car, so you should expect to get screwed whenever something breaks. It is wise to pursue a lesser sought after model such as the SL 300 or 320 with a 6-cylinder instead of the SL 500’s powerful and sometimes less reliable V8. The R129 is very hard to find cheap with a 5-speed manual, so be prepared to settle with an automatic gearbox.

8. Mazda RX-8

The Mazda RX-8 is stunningly cheap fun. A rotary engine and the common 6-speed manual gearbox can give a good driver a 0-60 in the six second range. The ones with a factory rebuilt engine are often a steal. When maintained correctly the RX-8’s motor will supposedly last as long as any other car on the road. If you can make it through the fuel economy, the RX-8 makes a great enthusiast ride.

7. Ford Mustang (Fox body)

Available with a growling V8 and 5-speed manual transmission, the third generation Mustang offers many cheap thrills. It can be difficult to find a nice example for under $5k, but it’s not impossible. These cars are easy to modify and can be tuned to beastly horsepower figures. Just be careful leaving car meets or you’ll be the laughing stock of the internet.

6. Ford Focus SVT

The Focus SVT is easy to find in the classifieds for a fair price and decent mileage. They are not built for insane speed, but they definitely fall in the hot hatch category, offering 0-60 times in the 8 second range. This true enthusiast car lets you focus on driving and possibly … the meaning of life?

5. Honda Civic Si

For me the best part about the EP3 Civic Si is the manual shifter position. It subtly grows off the lower dash just below the radio. It’s a Civic, so you should expect favorable fuel economy instead of serious speed, but that sure doesn’t mean you can’t have any fun with it. VTEC fans and admirers of hot hatch styling will both enjoy this car.

4. BMW E30 3-Series

The simple yet beautiful styling is what draws most owners to the BMW E30. Usually easy to maintain and fix, it offers a great sense of responsibility for buyers. Clean, stock examples are admired by enthusiasts all over the world. A 325i or 325ix, although not always easy to find, are top of the line affordable examples. A cheap fixer-upper may be the only option for most buyers, since prices for nice E30’s are rising.

3. BMW E36 3-Series

Often cheaper than the E30 and in nice conditions, the E36 is one of the best options for a car guy on a budget. Easy to find with a manual and with configurations such as the sedan, coupe, and convertible just like other 3-series generations, there are many options for buyers. Spending many cold autumn nights under and in the engine bay of an E36, I can honestly say I am quite familiar with these cars. If you’re lucky, you may find a higher-mileage, usually automatic M3 for around $5k.

2. Mazda Miata NA

C’mon, everyone knew it was going to be in here. What can I say? It’s a cheap, lightweight, fun, easy to work on, great on gas, and enthusiast-followed roadster. Patient buyers can find hardtop models in the 100k-mile range for under $4k. By no means is this car fast, but anyone can tell you that it is a blast to toss around corners and overall just be insane in.

1. BMW E39 5-Series

I think I blew my cover of being an E39 lover long ago. It’s one of the most beautiful sedans in the world. It really is a shame that they weren’t produced longer than the roughly 6 years that they were popular in. The pre facelift models (1997-2000, left picture) can be snatched up for absurdly low prices. Most, if not all, engine configurations are available with a manual. The post facelift models (2001-2003, right picture) have updated headlamps and taillights, along with other trim that makes it more closely resemble the ever beautiful M5 of the generation.

I appreciate those who read my post! This was my personally biased list of 10 sub $5k cars and I would love to hear in the comments what your favorites are. If you were given $5,000 to buy a driveable car what would it be?

This content was originally posted by a Car Throttle user on our Community platform and was not commissioned or created by the CT editorial team.

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Comments

Dat Incredible Chadkake

You could also get a 2nd gen or 3rd gen camaro with that money, maybe even an SN95 mustang.

05/22/2016 - 05:37 |
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SN95s are often cheaper than Fox Bodies… The 94-95 still had the good old fashioned pushrod 5.0, but the 96-98 got a VERY anemic 4.6 SOHC. The Cobra in those years wasn’t too bad with the “quad cam” 4.6, but the SN95 was just, generally, not terribly popular. Hell, it’s not entirely outside the realm of possibility to find New Edge (99-04) Mustangs in the $5k range, but they’re gonna be kinda ratty…

05/22/2016 - 11:50 |
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Even some of the 4 gens are in that range

05/22/2016 - 18:30 |
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Anonymous

In Poland for that sort of budget you can have a nice Volvo 244 coupe which I consider quite a lovely car and second worth attention is Mercedes 230 CE. I think these are good value for money and can also bring you some quid in future

05/22/2016 - 08:00 |
24 | 1
Anonymous

In reply to by Anonymous (not verified)

What about the might FSO Polonez ? #RWD#Manual#Drift Machine!

05/22/2016 - 11:39 |
9 | 3
Anonymous

In reply to by Anonymous (not verified)

Volvo 2-series:
245 (five door estate)
244 (four door sedan)
242 (two door coupe)

05/22/2016 - 12:41 |
10 | 0
Anonymous

In reply to by Anonymous (not verified)

For 20k I’ll get a BMW E38 750i :P

05/22/2016 - 22:15 |
0 | 1
Anonymous

In reply to by Anonymous (not verified)

Volvo 142 mhmmhmhmh

05/23/2016 - 06:42 |
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Anonymous

I think I’d take diphtheria over a Mk4 Golf.

05/22/2016 - 11:06 |
14 | 4
Anonymous

In reply to by Anonymous (not verified)

Why? They’re not that bad.

05/22/2016 - 11:31 |
3 | 1
Anonymous

In reply to by Anonymous (not verified)

You’ve obviously never driven or owned a mk4 golf gti. I’ve owned both a five speed manual 150 hp and a six speed manual 180 hp mk4 gti. Great little cars for the price. Just put coilovers on it and be on your way 😊

05/23/2016 - 06:24 |
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Anonymous

And yeah, for ex. suspension costs in E39 around few hundreds of dollars or even more :) Luxury driving isn’t cheap chaps.

05/22/2016 - 11:30 |
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Anonymous

I daily a e39 and I absolutely love it

05/22/2016 - 11:35 |
2 | 2
Willgud

The Bimmers are solid choices. Why are Mk4’s disliked? I easily prefer the mk4 over the mk5. The mk4 has much better quality feel and they look 100 times better too.

05/22/2016 - 11:40 |
1 | 1
Anonymous

No matter the price range I would always go for a Volvo with turbo :)

05/22/2016 - 11:48 |
7 | 1
Thvmh

In reply to by Anonymous (not verified)

So no new volvo for you! I’ll take the polestar any day of the week :P

05/23/2016 - 08:48 |
1 | 0
Anonymous

these cars in Jordan will cost more than 14.000 $

05/22/2016 - 11:48 |
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Anonymous

Well, just one example that cars in Portugal are stupidly expensive. RX-8 under 5000£? Bullocks.

05/22/2016 - 11:49 |
0 | 0
Anonymous

In reply to by Anonymous (not verified)

you can get them for around 2k in the UK as they are terribly unreliable

05/22/2016 - 12:27 |
1 | 0