The Best New Performance Cars for Less Than $50,000

by Carmelo PickelJune 24, 2022

The market value of performance cars is projected to rise by 2026, but they aren't cheap. Unless, of course, you know where to look. If you're looking for an excellent performance car under $50,000, you're in luck.

Whether you're looking for something fast and sporty or luxurious and powerful, there's a car on this list that's perfect for you. These models would be good choices if you were looking for a new car. The cost of these models may surprise you.

1. Toyota Supra 

Toyota Supra

Starting Price: $42,990

At first glance, the Toyota Supra might not look like much. It's a reasonably unassuming performance car and doesn't have the same flashy finish as some of its competitors. However, don't let appearances deceive you - the Supra is a powerhouse on the road.

It's a 2-seater coupe equipped with a 255-horsepower four-cylinder engine, and it can go from 0 to 60 in just 5.2 seconds. In addition, the Supra comes with a revamped suspension system that makes it even more responsive on tight turns.

At $42,990, it's an affordable option for anyone looking for a performance car. A few thousand dollars can get you the six-cylinder model with 382 horsepower.

2. Genesis G70 

Genesis G70

Starting Price: $36,000

The Genesis G70 is a midsize luxury sedan that offers plenty of features and performance for the money. It's an excellent choice for anyone looking for a BMW 3-Series alternative, and it's especially appealing if you want a manual transmission.

The base 2.0-liter engine is plenty powerful, and the six-speed manual transmission is a joy to use. The G70 is also well-equipped, with standard features like leather seats and a sunroof.

It's built with the latest safety features creating a comfortable and safe driving experience. The Genesis G70 should be at the top of your list if you're looking for an affordable performance car.

3. Hyundai Veloster N

Hyundai Veloster N

Starting Price: $29,700

The Hyundai Veloster N is a performance car with plenty of features to get excited about. For starters, it comes with N Light-Sport bucket seats that are perfect for performance driving. It also has Pirelli P Zero™ tires for excellent grip and handling.

Moreover, it has a 6-speed manual transmission with rev-matching for smoother shifting. It also has 19-inch alloy wheels for a great look. As for safety features, the Hyundai Veloster N comes with Blind-Spot Collision Warning (BCW), Lane Following Assist (LFA), and Rear Cross-Traffic Collision Warning (RCCW) to help keep you safe on the road.  

4. BMW 2-Series

BMW 2-Series

Starting Price: $35,900

If you're looking for a performance car that doesn't break the bank, the BMW 2-Series is a great option. The 230i has a punchy 2.0-liter turbocharged motor that offers plenty of power, while the M240i six-cylinder engine provides nearly the same performance as the more expensive M2.

Despite being BMW's cheapest cars, both models come well-equipped with standard features like leather upholstery and automatic climate control. For those looking for a high-performance car that doesn't break the bank, the BMW 2-Series is a great option.

5. Audi S3

Audi S3

Starting Price: $43,000

For anyone who's ever wanted a performance car but felt the need to keep things subtle and low-key, the Audi S3 is the perfect option. The 2.0-liter engine is similar to the VW Golf R, so it's powerful, but also a sedan, so it's not too flashy.

Plus, with all-wheel drive and 292 horsepower, it can handle just about anything you throw. This interior is highlighted by the Virtual Cockpit instrument display, which is both practical and stylish. 

It's comfortable, quiet, and well-appointed, with excellent seats that will make any drive feel like a luxury. This is a performance car that doesn't sacrifice comfort or style.

6. Volkswagen Golf R

Volkswagen Golf R

Price: $40,395

The new Volkswagen Golf R is the most high-performance VW yet, uniting speed and sophistication like never before. Pairing 315 horsepower and 295 lb-ft torque in the available 7-speed DSG® dual-clutch automatic transmission, the Golf R is designed for performance.

With the new R-performance torque vectoring 4MOTION® all-wheel-drive, you can take on any challenges that come your way. The VW Digital Cockpit Pro gives you all the information you need right at your fingertips and IQ drive, its driver assistance technology enhances safety while you're on the road.

Plus, you'll look good driving this performance car with its 19" alloy wheels with summer performance tires. The Driving Mode Selection comes with Drift and Special Modes. With so much to offer, the VW Golf R will surely get you excited about driving again.

It’s time to start your engines! Whether you’re in the market for a family car or something a little more flashy, we promise this list won't disappoint. These performance cars can move! For more articles about cars and luxury vehicles,  check out our blogs at Keep Driving.  

Founder, Editor-in-Chief Carmelo Pickel is the Founder and Editor-in-Chief of Keep Driving, with almost 20 years of experience working in the industry. Before founding Keep Driving, Carmelo held leadership roles for over a decade on top automotive dealership corporations across North America, handling various leadership roles in Sales, Marketing, and Incentives.
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