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

duncan seidel

I feel like a few dsm’s should be on this list

05/23/2016 - 02:08 |
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Anonymous

Almost bought a 1997 e39 540i. It was British racing green with tan leather interior, and the 6 speed mated to the v8. It was listed for 4,000 with 160k on the odometer. When I tapped the throttle to listen for an exhaust leak, it stalled. Although I know it would have bankrupted me with maintenance costs, I still wish I bought it, especially considering I bought a Saab instead

05/23/2016 - 02:48 |
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Ryan Conley

I approve of this list. Especially since I own 6 and 7 👍

05/23/2016 - 03:19 |
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Cool, and thanks!

05/23/2016 - 04:12 |
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Anonymous

Oh I love my r129 SL, but dear god is it expensive. I’ve been having a little bit of an issue with some electrical bits and I just have to pray this isn’t going to be too expensive to fix

05/23/2016 - 03:38 |
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Jimmy Landin

Well i actually am thinking about getting myself an E39 to use as a daily. It’s just something about it i love!

05/23/2016 - 03:49 |
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Anonymous

E46 330i/320d with i6 I can find in Bosnia for 5k$

05/23/2016 - 05:32 |
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Isaac Davies
  1. MK4 2. E30 . MX5
05/23/2016 - 06:35 |
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Anonymous

“Enthusiasts cars”
“Be prepared to settle for an automatic”
Yeah no lol. Otherwise quite a good list, with exception of the Mk4 Golf. Mk1 and mk2 would be an enthusiasts car, Mk4 is too heavy for it.

05/23/2016 - 07:02 |
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Julian

That awkard moment when a RX-8 in Denmark costs 23.000 dollars.

05/23/2016 - 07:33 |
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Anonymous

I’ve got a 528i e39 5 speed and have put some work into it and I gotta say they are easy to work on and fun to drive. Currently having issues with my abs wheel speed sensor though so it been parked for a week, but I still love her though

05/23/2016 - 07:54 |
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