20 Best High-Performance Cars Under $40,000

3. Mazda MX-5 Miata

If you love the feel of a true driver’s car, the Mazda MX-5 Miata is a gem. With its 181-horsepower engine, it may not be a powerhouse, but it’s light, nimble, and made for carving corners. Plus, with a starting price around $28,000, it’s a steal for convertible fans.