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These used rides offer go-fast fun at extremely affordable prices.

This is one of the modern compact car scene's biggest performance surprises. The Chevrolet Cobalt SS offers up no less than 205 horsepower from a supercharged 2-litre engine, which was later replaced by a turbocharged unit that bumped power up to 260 ponies. The result was a proper little rocket: Cobalt SS goes like the wind, handles beautifully, and is track-day ready, right out of the box. Best of all, if the driveline isn't modified, these look solid where reliability is concerned, and resale values haven't been kind to them-so you can pick one up for under $7,000.

Read more about the 10 Deceivingly Fast Cars Under $20,000.