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Cheap and fast are not qualities that generally go together. You can either buy a cheap car or buy a fast car. Despite that, drivers want something that can be both. Luckily, there are a few options you can consider. Whether you want something fun for twisty roads or something that can offer you something with straight-line speed, there are some great models to check out. Several models are ready to keep your wallet happy and give you the performance you have searched for.

2022 Toyota Camry TRD: $32,910

The Toyota Camry is not a sedan that is known for performance. Typically, shoppers consider a new Toyota Camry because of its standard features, longevity, and well-mannered driving experience. Despite this reputation, the team at TRD, Toyota Racing Development, created the Toyota Camry TRD. The 2022 Toyota Camry TRD is a surprisingly fun and fast sedan. This sedan can be fun on any road thanks to a 3.5-liter V6 engine with 301 horsepower, a performance exhaust, and a sporty suspension.

2022 Hyundai Veloster N: $32,500

the 2022 hyundai veloster n, a cheap new car packed with performance
2022 Hyundai Veloster N | Hyundai

When the Hyundai Veloster burst onto the scene, it was immediately noticed for its unique design and spry performance. With the introduction of the second generation in 2018, Hyundai was ready to up the bar quite a bit. The 2022 Hyundai Veloster N is an intoxicating and exciting hatchback that brings you more enjoyment on any road. The 2.0-liter turbocharged four-cylinder engine cranks out 275 horsepower, and thanks to a variable exhaust system, you will get a sound to match. This hatchback is perfect for the back roads or a straight line!

2022 Kia K5 GT: $31,190

The Kia K5 is a comfortable and modern midsize sedan that can be fun to drive in base form. But, for the most excitement and performance, step up to the 2022 Kia K5 GT. Powered by a 2.5-liter turbocharged four-cylinder, this sporty family sedan will offer you 290 horsepower. With a smooth-shifting eight-speed automatic transmission and front-wheel drive, you will enjoy an exhilarating driving experience that will make daily errands or highway adventures more enjoyable. 

2022 Dodge Challenger: $30,825

a 2022 dodge challenger with orange hemi appearance package, a great performance coupe
2022 Dodge Challenger with Orange HEMI Appearance Package | Dodge

When drivers think about the Dodge Challenger, they often think of the remarkable 700-plus horsepower Hellcat model. But, even the lower-level models are surprisingly fun to drive. Base models can come with a V6 engine that pushes out 303 horsepower. The Dodge Challenger also comes with various other V8 engines for a bit more money. The Dodge Challenger is genuinely a coupe built for straight-line performance.

2022 Volkswagen Golf GTI: $29,880

For many years, the Volkswagen Golf GTI has been the choice for shoppers who want a great hatchback with a memorable performance. Over the years, this model has undergone some significant changes, and the 2022 Volkswagen Golf GTI is a top choice. With a fresh redesign and an upgraded engine that makes 241 horsepower, this hatchback can offer you the driving experience and comfort you want. Furthermore, this hatchback can surely handle more roads with poise thanks to its light and direct driving handling.

2022 Subaru WRX:$29,605

a 2022 subaru wrx which an all-weather ready sedan drivers will love
2022 Subaru WRX | Subaru

The Subaru WRX is a sedan with some outstanding history. For many years this sedan has been one of the few all-wheel drive performance models that starts under $30,000. The new 2022 Subaru WRX cranks out 271 horsepower and brings you a recognizable sound. The standard all-wheel drive system not just gets you added traction, but it can also offer the rally-inspired performance that has made the Subaru WRX so special.

2022 Ford Mustang: $27,205

a white 2022 ford mustang parked in a warehouse
2022 Ford Mustang with Ice White Appearance Package | Ford

There are very few coupes with a history quite storied as a Ford Mustang. With a history stretching back to 1964, this two-door is one of the most impressive models. The new 2022 Ford Mustang is a stylish coupe that can come standard with a turbocharged engine cranking out 310 horsepower.

2022 Chevrolet Camaro: $25,000

two 2021 chevrolet camaro models, stunning examples of a new performance car
2021 Chevrolet Camaro LS and 2021 Chevrolet Camaro LT | Chevrolet

It’s surprising to think that for just $25,000, you can get a great sports car that will offer you 275 horsepower. This large coupe handles quite well for its size and is also ready to provide plenty of straight-line performance. Furthermore, this coupe is ready to bring you a comfortable interior that can ensure you can enjoy every ride when combined with the performance.

2022 Mini Cooper: $23,400

Mini Cooper has always been quite a unique small car. While it doesn’t offer you the most amazing performance in its base model, the small size allows you to have a joyful driving experience. Furthermore, with such a low starting price, drivers can step up to higher trims and get more performance without completely breaking the bank.

Car and Driver recommends to step up to the second engine, a 2.0-liter four-cylinder engine, to enjoy a more engaging ride.

Cheap and fast can go together

the 2022 toyota camry trd on track showing off why its a great cheap and fast sedan
2022 Toyota Camry TRD | Toyota

Drivers who hunt for a cheap car that can offer exciting performance have quite a few different models to consider. These nine models may not make you a legend at the drag strip, but you can be in for a treat for daily drives or back road adventures. Additionally, these cheap new cars can be upgraded to give you even more performance.

Consider one of these nine models to experience outstanding performance while keeping your wallet happy.


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