Cheapest Cars with More Than 500 Horsepower: 10 Performance Bargains

Top 10 Cheapest 500 HP Cars

Gone are the days when the average person could only dream of driving a powerful car that won’t drain their bank account. While most cars on this list might not be considered cheap by conventional standards, they represent excellent value when you consider their performance capabilities. Moreover, when compared to price tags of premium brands, these vehicles are genuine bargains.

This updated list features a selection of incredible cars that deliver over 500 horsepower, priced between $55,000 and $115,000. Almost all of the vehicles come equipped with a V-8 engine and some even exceed 600 horsepower, making them a part of the elite bargain horsepower club.

1. 2020 Dodge Challenger SRT Hellcat: 717 HP @ $55,020

2020 Dodge Challenger SRT Hellcat

The Dodge Challenger, often seen alongside the Ford Mustang, is one of the most recognizable muscle cars on the road. The 2020 SRT Hellcat boasts a potent 6.2-liter supercharged V-8 engine that produces an astounding 717 horsepower. With a discount bringing the final price down to just $55,020, it represents outstanding value for performance enthusiasts.

2. 2020 Ford Mustang Shelby GT350: 526 HP @ $61,635

2020 Ford Mustang Shelby GT350

The Shelby GT350 is the most affordable Mustang with over 500 horsepower. With a 5.2-liter flat-plane crank V-8 engine producing 526 horsepower, it’s designed for performance enthusiasts who prefer a manual transmission. This model has received acclaim, affirming its place in the muscle car hierarchy.

3. 2021 Chevrolet Camaro ZL1: 650 HP @ $65,695

2021 Chevrolet Camaro ZL1

The Chevrolet Camaro ZL1 features a 6.2-liter supercharged V-8 engine capable of delivering impressive performance with 650 horsepower. It excels in agility and handling, making it a top contender for buyers seeking both power and precision.

4. 2020 Alfa Romeo Giulia Quadrifoglio: 505 HP @ $74,595

2020 Alfa Romeo Giulia Quadrifoglio

While it might be the only vehicle on this list with a V-6 engine, the Alfa Romeo Giulia Quadrifoglio offers 505 horsepower from its 2.9-liter twin-turbocharged engine. This car combines sporty dynamics and opulent styling, sitting in a class of its own.

5. 2020 Mercedes-AMG GLC 63 S Coupe: 503 HP @ $84,100

2020 Mercedes-AMG GLC 63 S Coupe

Adding a luxury touch, the Mercedes-AMG GLC 63 S Coupe provides a powerful 503 horsepower from its twin-turbo V-8 engine. This SUV showcases an elegant design paired with exhilarating performance, making it a worthy investment.

6. 2020 Jeep Grand Cherokee Trackhawk: 707 HP @ $89,140

2020 Jeep Grand Cherokee Trackhawk

The Jeep Grand Cherokee Trackhawk is remarkable for its astonishing 707 horsepower, derived from a supercharged 6.2-liter Hemi V-8. This powerful SUV combines the ruggedness of an off-roader with the thrill of a high-performance vehicle.

7. 2020 Cadillac CT6-V: 550 HP @ $95,190

2020 Cadillac CT6-V

Despite its discontinuation, the Cadillac CT6-V deserves recognition for its impressive 550-horsepower Blackwing V-8 engine. Even with a decrease in production, this luxury sedan maintains a remarkable presence in the automotive world.

8. 2020 Tesla Model S Performance: 762 HP @ $96,190

2020 Tesla Model S Performance

The Tesla Model S Performance offers an extraordinary 762 horsepower from its dual electric motors. It represents a significant advancement in electric vehicle technology, delivering both speed and eco-friendliness.

9. 2020 Jaguar F-Type R: 575 HP @ $104,350

2020 Jaguar F-Type R

For those looking to make a statement, the Jaguar F-Type R with a 5.0-liter supercharged V-8 that produces 575 horsepower stands ready to impress. This sports car combines striking aesthetics with exhilarating performance.

10. 2021 Audi RS6 Avant: 591 HP @ $110,640

2021 Audi RS6 Avant

The 2021 Audi RS6 Avant wraps up our list with an impressive 591 horsepower from its 4.0-liter twin-turbo V-8 engine. This versatile wagon not only delivers outstanding speed but also offers practicality for everyday use.


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