Top 5 Cheapest Fast Cars of 2023

Speed isn’t a luxury exclusive to the well-heeled – and we’re here to prove it. In this high-octane exposé, we’re introducing the cheapest fast cars that are revolutionizing the very notion of speed. These vehicles command attention and leave trails of burning rubber, showcasing that heart-pounding acceleration and track-worthy performance are within reach, regardless of your budget.

Cheapest Fast Cars of 2023

We have handpicked the top five cheapest fast cars of 2023 that command attention for their looks and speed. Find out their engine’s rating and top speed.

2023 Toyota GR86 – $27,900

The already quite exciting Toyota GR86 received a significant update in 2022, leading to a much-needed increase in power and improvements to the interior. This enabled the car to generate 228 horsepower and 184 pound-feet of torque, addressing its previous lack of punch. The GR86 maintains its agility at higher speeds, making highway cruising effortless and allowing for smooth passing maneuvers.

2023 Toyota GR86

The interior design has also been thoughtfully reconsidered, providing taller drivers with a surprisingly ergonomic and user-friendly layout and ample space. However, it’s worth noting that the back seat doesn’t offer the same level of comfort. In general, the Toyota GR86 offers a pleasant environment to spend time in.

Performance Specifications:

Engine2.4-liter four-cylinder
Top Speed140 mph
0-60 mph Time6.0 seconds

2023 Ford Mustang Ecoboost – $27,470

Interestingly, the Mustang is the sole car in Ford’s lineup filled with trucks, SUVs, and crossovers. It also retains its position as one of the few performance cars on a budget available nowadays.

2023 Ford Mustang Ecoboost

Securing a V-8-propelled Mustang below $40,000 is implausible, yet the EcoBoost turbo four-cylinder variant initiates well under said threshold, including a six-speed manual transmission and a limited-slip differential in the rear – a rather commendable offer on the whole.

The Mustang could also be one of the best fast cars under 20K in the used car market.

Performance Specifications:

Engine2.3-liter turbocharged four-cylinder Ecoboost
Horsepower310 (330 hp with an optional package)
Top Speed121 mph
0-60 mph Time5.1 seconds

2023 Mazda MX-5 Miata – $28,050

Sports car enthusiasts often consider the Mazda Miata as the ultimate choice, and that’s not baseless. The Miata has, for years, remained the top pick for budget-conscious driving fans. Its lightweight build and well-balanced chassis result in a matchless driving experience.

2023 Mazda MX-5 Miata

Combine it with the 2.0-liter powerplant and a six-speed stick shift gearbox, and you get the best modern fast car.

Performance Specifications:

Engine2.0-liter four-cylinder
Top Speed124 mph
0-60 mph TimeUnder 6.0 seconds

2023 Honda Civic Si – $28,500

You can’t make a mistake with a Civic Si; it’s the ultimate in budget-friendly, trustworthy, enjoyable commuting for individuals seeking a sensible daily vehicle.

2023 Honda Civic Si

A spirited, turbocharged 1.5-liter four-cylinder engine combined with a smoothly operating manual transmission constitutes the sole available powertrain. It cranks out 200 hp and 192 lb-ft of torque, driving the front wheels, and we wouldn’t suggest any alternative approach.

Performance Specifications:

EngineTurbocharged 1.5-liter four-cylinder
Top Speed137 mph
0-60 mph Time6.6 seconds

2023 Subaru WRX – $30,605

The 2023 Subaru WRX’s looks garnered mixed opinions due to an abundance of ebony elements, yet its capabilities remain undisputed. This Subaru fast car carries a turbocharged 2.4-liter four-cylinder engine, yielding 271 horsepower and 258 pound-feet of torque and channeling it to the wheels via a six-speed manual transmission. An alternative continuously variable transmission is available, showcasing remarkably swift and assured gear changes.

2023 Subaru WRX

Regular all-wheel drive ensures superb traction in different weather conditions and aids the vehicle in effortless maneuvering around turns. The 0 to 60 mph sprint requires approximately 5.5 seconds.

Performance Specifications:

EngineTurbocharged 2.4-liter Four-cylinder
Top Speed155 mph
0-60 mph Time5.5 seconds


What are Some Cheap Cars that are Fast?

Here are Some Cheap Cars that are Fast:
1. Mazda MX-5 Miata
2. Toyota GR86
3. Honda Civic Si
4. Subaru WRX
5. Toyota GR86

Which car is fast but cheap?

Fast Cheap Cars in 2023 include the Mazda MX-5 Miata, Toyota GR86, and Subaru WRX.

Jasper has been an enthusiast of the automotive and IT industries since the age of 16. He independently writes on the auto industry's recent happenings.