Do you desire a 500-horsepower car but think it’s too pricey? You can now find great cars for less than $30,000. There are a lot of cheap choices out there, whether you’ve always wanted a fast V8 sports car or a stylish coupe. The performance of these cars is great, and they won’t break the bank. Prepare to enjoy the thrill of moving quickly at a price that you can afford. You can now make your dream of having a fast car come true. Enjoy the ride, and be careful on the road!
Related: Best High-Performance 300 HP Cars for Less Than $20k
Note: With the recent shifts in the car market, I’ve updated this list to showcase the top 500 HP cars available for under $30,000. Prices have changed, and some incredible deals have emerged.
Top 10 Cars with 500 HP for Under $30K
Fans of muscle cars, enjoy! Power at a low cost is waiting. For less than $30,000, the Ford Mustang GT, the Chevy Camaro SS, and the Dodge Challenger R/T all have 500 horsepower. Not only are these famous American beasts very fast, but they also look great and won’t break the bank. Each offers an unbeatable drive. It blends power, efficiency, and low prices. These tire-shredding giants are a must-see for budget thrill-seekers. These 500-hp beasts will thrill you. They won’t break the bank. They’re ready to spark your passion.
#1. 2010 Corvette Z06
Price | $28,000-$30,000 |
Engine | 7.0L V8 |
Horsepower | 505 |
Torque | 470 lb- ft |
Transmission | 6-Speed Automatic |
Drive- Type | RWD |
The 2010 Corvette Z06 is the epitome of American power. Its 7.0-liter V8 engine produces 505 horsepower, thrusting the vehicle into high speed. You can enjoy the Z06’s thrilling driving on the track or the street. An aluminum frame and cutting-edge suspension give you the most control possible. The ease and high-tech gadgets surround the drivers in the cockpit. The Z06 is the only car to meet gearheads who want pure speed and classic style. This Chevy icon continues to fascinate with its irresistible mix of style and speed.
Also Check: Top 10 Most Reliable Used Chevy Cars To Buy This Year
#2. 2014 Cadillac CTS-V
Price | $25,000-$30,000 |
Engine | 6.2 L Supercharged V8 |
Horsepower | 556 |
Torque | 551 lb-ft |
Transmission | 6-Speed Automatic |
Drive- Type | RWD |
The Cadillac CTS-V comes to life with 556 horsepower. Its sleek, agile body hides a powerful V8 engine. The aggressive style hints at the beast inside. The cabin is luxurious and up-to-date, combining comfort and ease of use. This high-performance car is great for both daily drives and exciting trips off-road. High-quality materials caress while g-forces thrill. For drivers who want speed and style simultaneously, the CTS-V delivers. It’s the perfect mix of power and style, the dream machine of any true fan.
#3. 2011 Ford Mustang Shelby GT500
Price | $27,000-$30,000 |
Engine | 5.4L Supercharged V8 |
Horsepower | 550 |
Torque | 510 lb-ft |
Transmission | 6-Speed Automatic |
Drive-Type | RWD |
The tuned-up 5.4-liter V8 engine in the 2011 Ford Mustang Shelby GT500 makes 550 hp and 510 lb-ft of absolute power. It has a frightening tone and flashes by in an instant. This car looks even more dangerous with the Shelby logos on it. The new frame makes it safer and easier to drive. This beautiful machine combines old- Style American power with cutting-edge tech. It has amazed car fans worldwide. This car is best if you want old-school fun and cutting-edge speed.
#4. 2012 Chevrolet Camaro ZL1
Price | $28,000-$30,000 |
Engine | 6.2 L Supercharged V8 |
Horsepower | 580 |
Torque | 556 lb-ft |
Transmission | 6-Speed Automatic |
Drive- Type | RWD |
The Chevy Camaro ZL1 is fun to drive on the street and the track. Its supercharged 6.2-liter V8 engine generates 580 hp and 556 lb-ft of power. This makes every ride exciting. The car’s stylish shape, better cooling, and sport-tuned suspension make it a joy to drive. The driver will find a comfy, high-tech space inside. It will keep them connected during the trip. This sports car demands attention, sparking excitement in onlookers wherever it goes.
#5. 2008 Dodge Viper SRT-10
Price | $25,000-$30,000 |
Engine | 8.4 L V10 |
Horsepower | 600 |
Torque | 560 lb-ft |
Transmission | 6-Speed Automatic |
Drive-Type | RWD |
Dodge Viper SRT-10, raw speed meets a striking look. This American motor icon has an 8.4-liter V10 engine with 600 horsepower, making it go fast and sound amazing. Its curved body improves its looks and performance, keeping it stable at high speeds. Accurate, intense suspension and handling make for a fun, exciting drive. The Viper is a favorite for its upgrades and sleek design. This fast beast is a perfect example of American muscle cars. Driving it is an unforgettable, thrilling experience at every turn.
#6. 2015 BMW M5
Price | $28,000-$30,000 |
Engine | 4.4L Twin -Turbo V8 |
Horsepower | 560 |
Torque | 500 lb-ft |
Transmission | 7-Speed Automatic |
Drive- Type | RWD |
The BMW M5 is the best car ever. It looks fantastic and robust. This luxury vehicle has a 4.4-liter V8 engine. It produces 560 horsepower. This powerful engine enables rapid acceleration. The tight handling and flexible suspension make for an exciting ride. The high-end materials make the riders feel at ease. You harness new technology and spacious rooms with agile driving skills. German technology appeals to individuals with active or laid-back lifestyles. It shows how much BMW wants to create a great package that is both fast and comfortable.
#7. 2009 Mercedes-Benz SL63
Price | $26,000-$30,000 |
Engine | 6.2L V8 |
Horsepower | 518 |
Torque | 465 lb-ft |
Transmission | 7-Speed Automatic |
Drive- Type | RWD |
People who drive the Mercedes-Benz SL63 AMG will never enjoy driving the same way again. It has a robust 6.3-liter V8 engine that makes 586 horsepower. This makes the roads feel like racetracks. Smooth lines and raw power make a masterpiece that makes every trip a joy. It’s easy to drive because it has a seven-speed transmission and a body that can bend. Modern technology makes the car faster. Its clean lines and high-quality interior make it classy. With these high-tech brakes, you can turn with ease. This engineering and design work is more than a car; it’s the height of car art. If you want a stylish, fast, and easy-to-use vehicle, the SL63 AMG is it. It demonstrates the essence of achievement in the automotive industry.
#8. 2010 Audi S8
Price | $25,000-$28,000 |
Engine | 5.2L V10 |
Horsepower | 450 |
Torque | 398 lb-ft |
Transmission | 6-Speed Automatic |
Drive-Type | AWD |
In the Audi S8, you can let out your inner monster. Its 450-horsepower V10 engine roars under the car’s plush cabin. Its Quattro all-wheel drive grips the road. Its luxury features make the ride better. This expensive animal is ready to pounce when you tell it to. It blends raw power with luxury. Big seats mix tech and style. As far as speed and style go, the S8 is the best. This is true on both highways and back roads. This Audi is one of a kind for picky drivers who want speed wrapped in luxury. There’s more to the 2010 S8 than meets the eye. It shows how great cars can be.
#9. 2011 Porsche Panamera Turbo
Price | $28,000-$30,000 |
Engine | 4.8L Twin-Turbo V8 |
Horsepower | 500 |
Torque | 516 lb-ft |
Transmission | 7-Speed PDK |
Drive-Type | AWD |
The Porsche Panamera Turbo goes from 0 to 60 mph in 4 seconds. It has a 500-horsepower V8 engine. It adds excitement to driving. Yet, the cabin can get warm. Inside, it blends technology with soft materials. It’s all-wheel drive and adjustable air suspension ensure easy handling. This four-door car offers ample space, comfort, and intuitive controls. It provides both thrilling and relaxed driving experiences. Its design and speed make it stand out in the luxury car market. The Panamera Turbo is among the fastest cars. It shines in both straightaways and sharp turns. Driving enthusiasts find the best experiences in cruising or turning.
#10. 2013 Nissan GT-R
Price | $29,000–$30,000 |
Engine | 3.8L Twin-Turbo V6 |
Horsepower | 545 |
Torque | 463 lb-ft |
Transmission | 6-Speed- Automatic |
Drive- Type | AWD |
A small 3.8-liter V6 engine powers the Nissan GT-R. Incredibly, it has 545 horsepower. The GT-R is exciting to drive because of how well it performs. Automobile fans will enjoy it. Users of the road like that it has all-wheel drive and a dual-clutch gearbox. This beast is a mix of brute force and careful planning. It’s a favorite among entertainers. Driving on any road is fun because it looks great and moves well. It looks good and works well. Manufacturers use modern technology and high-quality materials to make it. The GT-R is great because it is affordable and lasts a long time. Nissan cars are quick and easy to drive. Fans of track days and regular drivers both like it. The 2013 GT-R is full of high-tech features and new ideas. Nothing can beat it for speed.
Other Excellent 500-HP Options Below $30,000 You Can Buy
- 2006-2010 Chrysler 300C SRT8 – $20,000-$30,000 | 500+ HP
- 2008-2011/Lexus IS F – $25,000-$30,000 | 500+ HP
- 2007-2011/Mercedes-Benz CLS63 AMG (W219) – $20,000-$30,000 | 507 HP
- 2010-2013/Jaguar XFR – $25,000-$30,000 | 510 HP
- 2009-2012/Maserati Quattroporte Sport GT S – $25,000-$30,000 | 500+ HP
- 2004-2006/Pontiac GTO – $15,000-$25,000 | 500+ HP
- 2003/Audi RS6 (C5) – $25,000-$30,000 | 450+ HP
- 2007-2009/Mercedes-Benz E63 AMG (W211) – $20,000-$30,000 | 507 HP
Conclusion
Are you looking for 500 horsepower without spending a lot of money? Don’t look any further. BMW M5 , Ford’s Mustang GT , and Dodge’s Viper SRT are cheap, high-octane thrills. These three muscle cars cost under $30,000. They have powerful engines and thrilling performances. Each has its speed and style. They give budget fans options for thrills. They’re fast, stylish, and tech-savvy. An affordable beast with a V8 engine lets you go fast. It’s cheap and gives you the power to make your heart race and give you a trendy look. The options for fun drives aren’t too expensive, so that many people can go. You can have the most fun on four wheels with these cars if you love cars and want to save money.
Sources: Reddit, HotCars, Edmunds, Motor1, USNews, MotorTrend