Go Fast on a Budget: 20 of the Best Cars with 300 HP or More for Under $10K

7. Ford Mustang GT

The word was stunned when Ford revealed the fifth generation Mustang in late 2004 as a 2005 model. The retro-futuristic design was perfect for the times. Not only did it capture the essence of the legendary first generation, but it also presented an elegant, sporty shape which is still modern, even 15 years after the unveiling.

With a 4.6-liter 300 HP V8 engine at first and a 5.0-liter 425HP V8 engine from the 2011 to 2014 model years, the GT was a capable car with exceptionally good road manners.