10 Best Budget Sports Cars On The Market In 2023

10 Best Budget Sports Cars On The Market In 2023

When it comes to enjoying the simple pleasures of life, for gearheads, driving down the open road in a great driver’s car is at the top of the list. Few cars rival the excitement and pleasure of a sports car, from its track-worthy performance to dazzling appearance and razor-sharp handling.

Updated April 2023: So far, the year 2023 has admittedly been an amazing one for the sports car’s segment, with plenty of new and exciting models hitting the streets. The affordable sports car market landscape has changed significantly over the past years, so we’ve updated the information on this list to reflect the current best sports cars most enthusiasts can pick up brand-new.

Never before has there been such a diverse range of sports cars at the lower end of the price spectrum, each giving thrills that rival, if not outperform, their more costly counterparts. If you’ve always wanted to buy a sports vehicle but didn’t think it was possible on your budget, you’ve come to the perfect spot. We’ve produced a list of the top inexpensive sports cars for 2023 to help you narrow down your selections.

Related: Here’s How The 2022 Subaru WRX Compares With Its Rivals



10 Nissan Z: $40,990

A 2023 Nissan Z Performance in Ikazuchi Yellow and Super Black
Via YouTube/Bros Fourr Speed,

Starting at just $40,990, the new Nissan Z is easily one of the best bang-for-the-buck Japanese performance cars on the market today. It’s significantly cheaper than its main Japanese competitor, the Toyota GR Supra, which starts at $52,000 and offers a similar level of performance and driving experience.

A worthy successor to the legendary Nissan Z nameplate, the new Z combines a manual transmission with a traditional RWD layout and a 400-horsepower 3.0-liter V6. It will launch to 60 mph in 4.3 seconds and drive until it reaches an electronically-limited top speed of 155 mph.

9 Audi TT: $52,200

2023 Audi TT RS Coupé Iconic Edition

A popular budget sports car for more than two decades, the Audi TT needs no introduction. The newest generation is arguably its best one yet and truly feels like a baby R8. If you opt for the $52,200 base version, you’re getting a 2.0-liter four-cylinder good for 228 horsepower under the hood. However, the trims get more expensive with RS variant which offers a turbocharged 394 horsepower five-cylinder engine also found in the lauded new RS3.

Whichever trim you go for, you’re getting a truly smooth and fun driving experience coupled with a luxurious cabin. The TT’s price may seem a bit steep for its power output, but the buyer is paying for an excellently dialed-in traditional sports car with cutting-edge technology to boot.

8 Toyota GR Supra: $40,040

Grey 2023 Toyota GR Supra - Parked

While it’s essentially the same car as the new BMW Z4, we slightly favor the new Supra as the better alternative due to its significantly lower price tag and sportier, more striking design. Indeed, both of these cars offer 382 horsepower in their 3.0-liter Inline-six cylinder trims, along with roughly the same 0–60 times (3.9 seconds) and top speeds (155 mph). However, the new GR Supra starts at just $40,040 while the Z4 bumps up that price point to over $53,000 for what’s essentially the same driving experience.

7 Dodge Challenger: $31,100

2023 Dodge Challenger - Front Profile

The V6 engine that comes standard on the 2023 Challenger produces just over 300 horsepower, which is a decent start for the range. It moves the car forward with power, but it might not have all the energy you need for such a large vehicle.

Lower-end versions with more comfort-oriented suspensions offer better ride quality. As engine power increases, the chassis becomes stiffer and more performance-oriented, resulting in a rougher ride. It has an unrivaled steadiness, even by the standards of other major cars.

6 Mazda MX-5 Miata: $28,050

Red 2023 Mazda MX-5 Miata

Among other sports vehicles, the Mazda MX-5 Miata stands out. If you enjoy the feeling of wind in your hair, this should be one of your top choices, since it happens to be the most affordable roadster on the market.

Because of the Miata’s lightweight build and rear-wheel-drive architecture, you can have a lot of fun even without an extreme engine. With its outstanding fuel efficiency, comfort, interior, safety features, and performance, the Mazda’s main flaw appears to be its storage.

Related: HotCars Best Japanese Sports Car Of 2021: Mazda MX-5 Miata

5 Ford Mustang: $27,770

Blue 2023 Ford Mustang on the road

The 2023 Mustang’s Cabin combines comfort with classic charm, and it has a lot more elegance than you’d expect from the nameplate. It pays homage to the Mustang’s legacy while keeping up with the newest technological advancements.

The standard 2.3-liter EcoBoost engine in the Mustang produces 310 horsepower and 350 lb-ft of torque despite having only four cylinders. If you really want a V8, expect to pay at least $38,345 for a GT with 450 horsepower and 410 pound-feet of torque. With double the cylinders, you don’t get double the power.

Related: This Is The Best Feature Of The 1967 Ford Mustang GT

4 Toyota GR86: $28,400

White 2023 Toyota GR86

The high-revving boxer engine, responsive steering, and balanced handling all contribute to the GR86’s impressive performance. Taking it to the track is joyful, but it’s also suitable for daily commuting. The front seats are firm and comfortable. The 2023 Toyota GR86 also comes with a slew of active safety measures.

It’s exciting to drive, reasonably priced, and practical in a variety of ways. It may have a small trunk and poor fuel efficiency, but these drawbacks are easily overcome with all the car’s other amazing features.

3 Subaru BRZ: $28,595


The 2.4-liter four-cylinder boxer engine in the 2022 Subaru BRZ produces 228 horsepower and 184 pound-feet of torque, trying to keep things exciting under the hood. The steering is quick and well-weighted, and it offers excellent road input. The BRZ has a different suspension setup from its twin, the Toyota GR86. The new BRZ is a joy to drive, whether it’s down your favorite winding route or merely to and from work. The 2023 Subaru BRZ is one of the cheapest sports cars on the market, with a starting price of $28,595. The Limited trim increases the price to $31,095 MSRP. For both versions, an automatic transmission is a $1,600 option.

Related: 7 Reasons To Buy A Used Subaru BRZ (3 Why We’d Save For A New One)

2 Chevrolet Camaro: $26,100

2023 Chevrolet Camaro SS

The V6 engine gives the 2023 Camaro a wonderful sound and feel that can only be possibly matched by the Ford Mustang, its fierce rival. The standard model produces 275 horsepower, but higher trims have a significantly more powerful engine, with output of up to 650 hp.

It is one of the larger cars, but it has outstanding steering reaction and is highly stable, though its blind spots and trunk capacity may be a concern. The starting price ranges from $26,100 for the 1LS to $67,395 for the ZL1, with additional freight charges.

1 BMW 230i Coupe: $38,200

2023 BMW 230i Coupe

The BMW 230i Coupe’s power comes from a 2.0-liter turbocharged four-cylinder engine that produces 255 horsepower and 294 pound-feet of torque while being pretty smooth. The BMW 230i features an 8-speed Sport Automatic transmission with both Sport and Manual shift modes.

The BMW 230i also has a weight advantage. The 230i is not only lighter than the M240i, but it also loses weight beneath the hood, and therefore over the front wheels. This can help the front end feel a little more alive. Of course, it’s not as exciting as the M240i, but you’d have to pay $48,900 for the M240i, which isn’t exactly cheap.

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