Buying Guides

500 Horsepower Cars Under $20k For 2024

Last updated on March 3rd, 2024 at 09:20 pm

Have you ever thought about buying a 500-horsepower supercar under $20,000? There was a time when 500-horsepower came at a price. You had to buy a supercar like a Ferrari f40 or Porsche 959 was the only way to get into that kind of numbers, and those are the only kind of cars that could reach 200 miles per hour. So guess what? For less than 20 grand, today we have got a list of 5 best 500hp cars under $20k. That can get you 200 miles per hour, and they all have about 500 horsepower.

Top 5 Best 500 Horsepower Cars Under $20k

#1. Mercedes S600L

500 HP Car Under 20K
Via: Drive.com

The first one on our list is a 2002 to 2005 Mercedes s600 L. It is the long version, and these cars had a twin-turbo v12 engine that produced a whopping 500 horsepower and a tree-stump pulling 590 pound-feet of torque. Now they were reared-wheel drive, they come with a five-speed automatic transmission, and even though they weigh a chubby 4,600 pounds soaking wet. They could still launch a 0 to 60 mile per hour in an extremely fast 4.8 seconds.

It could also hit a hundred and twenty miles per hour that are right 200 kilometers an hour in a very, very quick 15 seconds flat. And what more can be said you’re living in a life of luxury with as-class, and as a result, it does feature almost every single option available in the Mercedes handbook. And the bonus is you can find these cars as low as seven or eight thousand dollars us; a nice example for 15 grand to $20,000 gets you into the top-of-the-line Mercedes with the twin-turbo v12. There is a little bit of a problem. They had a few minor issues with oil leaks from a cooler, air suspensions that were a problem, and water leaks into the cabin outside of that amazing car for the dollars.

Also Check: Top 10 Fastest Japanese Cars (With Top Speed & Pictures)

#2. BMW E60 M5

Car With 500 HP Under 20K
Via: Motor1

The second one is this amazing supercar with 500 HP under $20k, the BMW e60 m5 with 507 horsepower and 384 pound-feet of torque. That’s right; this car was coupled to an SMG 7-speed automated manual that was sluggish in the default settings, but was lightning quick at the race mode settings. Now, these weren’t exactly svelte little animals either; they were a whopping 4,300 pounds made them quite stout. However, these monsters could still hit 0 to 60 miles per hour at 4.6 seconds and a hundred and twenty miles per hour in 13.5 seconds.

Did you know? They can also hit a massive mind-shattering two hundred and three hundred miles per hour. If you remove the governor, that’s right, one of the fastest cars, not even for a slug. Charice, it down, but for any supercar on the planet, you could have these cars now for as low as seven or eight thousand dollars in the US.

However, some of them come at a cost buyer beware. You’re looking for rod bearing problems. You’re looking for VANOS, and SMG pumps issues get that stuff sorted out, and you truly do have one of the most amazing four-door super-saloon cars that can hit over 200 miles per hour.

Also Check: Best New Cars With Paddle Shifters Under ($5K – $30K)

#3. Mercedes-Benz E63AMG

500 HP Car Under 20K
Via: Caranddriver

The third amazing 500 horsepower car on this list that you can find for well under 20 grand goes to a 2002 to 2009 Mercedes-Benz e63 AMG. That’s right! That’s the w211 chassis designation. These cars came with an amazing 7-speed automatic transmission with paddle shifters. This car was quick enough to hit zero to 60 in 3.9 seconds and a hundred and 20 miles per hour came in a very brisk earth-shattering 13.4 seconds. They were enough to pull past and east 60 m5. Also, they came with a 6.2 liter normally aspirated v8. It replaced this supercharged V8 that came before it and as you would expect with any modern AMG you get a beautiful blend of luxurious flowing lines slightly chiselled with that heart of a lion V8 engine packing the punch.

Now the only downside with these cars is they were built in a bunch of different plants from Germany to Mexico China to Malaysia to Egypt and Iran. That’s right, it was built in a lot of different places for assembly, but these cars can be had for as low as $14,000 US as found on autotrader.com and for all this 507 horsepower and 465 pound-feet of torque goodness you can find one of these cars for as little as $14,000.

#4. Chevrolet Corvette C6 Z06

Car With 500 Horsepower Under 20K
Via: Motortrend

The fourth car on this list goes to something a little bit more domestic, let’s talk about the 2005 to 2013 Corvette c6 zo6. These cars had a 7 liter V8 internally known as the LS 7 engine that produces 505 horsepower and a staggering 470 pound-feet of torque.  The beauty is they were built in Bowling Green, Kentucky and the fact of the matter is all the parts are domestic. Another great point is they come with a 6-speed manual gearbox. Now these cars have a blistering supercar level of performance 0-60 in 3.5 seconds zeroes 120 miles per hour 11 seconds flat.

How about a proven 199 miles per hour there was a time when the only cars that could touch that were high-end supercars like the Ferrari f40 and the Porsche 959 or the Lamborghini.Corvette this car can do that this proves such an amazing value and for as little as $20,000, you too can have a wonderful zo6 parked in your garage.

#5. Bentley Continental GT

500 HP Car Under $20K
Via: Edmunds

The fifth car on this list goes to the beautiful, magnificent, luxurious posh Bentley Continental GT. It is the first generation which is 2003-2011. This was the first continental that was produced after Volkswagen purchased the company. These come with a massive six-liter v12 twin-turbocharged engine and they produced a crazy 552 brake horsepower as well as 479 pounds of torque. Now, this was coupled to a six-speed ZF automatic transmission and even with its royal chubbiness of 5,200 pounds, it was still able to crack five seconds 4.8 seconds zero to sixty and a top speed yet again a hundred and ninety-eight miles per hour. This is truly supercar territory.

These cars had magnificent finishing from Magnolia hide to carpet that matches and the fit and finish and the interior of these cars are second to none. They do own that market and all its wonderful, exquisite finishing cost well over 100 grand brand-new, but you can now find one of these beautiful works of art for as little as $20,000. That’s right 20 grand gets you one of the most beautiful British made species on the planet today. Very distinctive and classic, the only thing is you have to remember to stick with that maintenance and be happy with the service records or it will bite you hard and on that note.

Conclusion

We always think about the budget while buying cars. Our wish is that we can get a good car at the least cost. To reduce your stress, we have told about the top 5 best 500 HP cars under $20,000. In this, we have tried to give complete information with all the advantages and disadvantages.

Did you know that some of these cars can reach mind-shattering speeds of two hundred to three hundred miles per hour? Removing the governor makes them among the fastest cars for speed enthusiasts and any supercar on the planet. It’s fascinating that you can now own these high-performance vehicles for as low as seven or eight thousand dollars in the US. However, it’s important to remember that such powerful machines come with their own set of risks and responsibilities. As an Atlanta Personal Injury attorney at Spaulding Injury Law: Atlanta Personal Injury & Car Accident Lawyer, maintaining road safety is paramount, and understanding the legal implications in case of an accident is crucial. Always drive responsibly and be aware of the potential consequences associated with high-performance vehicles.

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