Everyone is starting with expensive cars. Why not start with a $5K car and add $15K of engineering?
That's when I thought the Talon would kick butt. You can get a mint one hear for $5k or less. My bro in law eats and sleeps Talons and has had several through the years. His current one he has less than $7000 all in (bought the car for $500 with a blown t-belt) He said $20k would build you a very quick Talon. They are turbo, AWD, and handle half decent right out of the box.
Others I thought of.
- Cobalt SS turbo, I hear they handle well too.
- Merkur XR4Ti- lots of fast ones I've seen, quite a few on the auto-x circut as well.
- Neon SRT4, these cars took Alberta's fastest street compact award for several years
- Turbo'd Miata, a local guy has one that ran mid 11's in the 1/4, he also took quite a few auto-x wins with it. He sold it for $12,500 when he simply got too fat to get into it anymore. He said it cost him about 17,500$ to build and was dead reliable.