List of Most Affordable Brand New 400hp Cars in 2024

Each driver has unique preferences when it comes to their ideal vehicle; whether they seek rapid acceleration, top-level speeds, or a luxurious and cozy ride. For many individuals, power output holds significant importance. Thanks to advancements in automotive engineering, numerous cars now exist in the market that exceed the 400 horsepower threshold while still being reasonably priced. If you are on a tight budget but refuse to compromise on power, below are the most economical new cars boasting over 400 hp as of 2024.

10 Chevrolet Corvette Stingray

Starting price: $68,300

Launched in 2019, the C8-generation Chevrolet Corvette marked an innovative design as the first mid-engine vehicle to bear the iconic brand. While the Corvette is the costliest option on this roster, the base Stingray model remains just below the $70,000 mark, presenting a more budget-friendly alternative to the pricey Z06 and the cutting-edge E-Ray hybrid.

What sets the Corvette apart is its ability to seamlessly blend comfortable long-distance cruising with high-performance track capabilities. The driver-centric approach is evident in the cabin layout, where a prominent center console divides the driver and passenger, and even the infotainment display is angled towards the driver’s position.

9 Lexus IS 500

Starting price: $60,520

As the smallest sedan in the Lexus family, the IS combines a sporty rear-wheel-drive experience with a lavish and cozy interior. The IS 500 stands out as the fastest and most powerful variant in the IS lineup, being the sole model to breach the 400 hp mark.

Due to its compact size, the IS lacks substantial room inside, both in terms of legroom for passengers and storage capacity. Nevertheless, the interior boasts premium materials and a plethora of amenities, such as synthetic leather seats, dual-zone automatic climate control, and an optional power moonroof. The standard infotainment system includes an 8-inch display with Apple CarPlay and Android Auto integration; an optional 17-speaker premium sound system is also available.

8 Infiniti Q50 Red Sport 400 RWD

Base MSRP: $56,900

Although the Infiniti Q50 hasn’t undergone a significant update since its original release in the US market a decade ago, it still offers a relatively affordable entry point to the 400-hp league, despite being slightly antiquated. The top-tier Red Sport 400 model is powered by a tweaked version of the V6 engine found in the lower Luxe and Sensory trims, along with a seven-speed automatic transmission. It even includes paddle shifters for a more engaging driving experience.

The Red Sport model incorporates performance-focused elements like improved brakes, adaptive suspension, and an enhanced exhaust system. Additionally, the interior receives upgrades such as matte-black carbon adornments and exclusive quilted leather upholstery specific to the Red Sport 400 trim.

7 Ford Ranger Raptor

Base MSRP: $55,470

Should you favor a truck form housing 400 horsepower, the recently revamped Ford Ranger now offers the Raptor edition on the US market for the 2024 model year. Equipped with extensive enhancements for superior performance both on and off-road, including a Fox racing suspension, frame reinforcements, and a slightly tuned down version of the twin-turbo V6 from the Bronco Raptor. The Raptor also boasts a ten-speed automatic transmission and an AWD system.

Providing a comfortable journey for up to five passengers, the interior features plush leather seating and uses soft-touch materials generously. Control of the infotainment system relies on a large touchscreen, while the climate regulation system retains physical dials for convenience.

6 Polestar 2 Dual Motor

Price commences at: $55,300

The Polestar 2 is solidifying the brand’s presence in the electric vehicle sector, offering a blend of luxury and performance comparable to vehicles from Tesla and BMW. While the single-motor version generates 299 hp, the all-wheel-drive dual-motor variant surpasses the 400-hp mark. Power distribution is adaptable, sending more torque to the rear wheels as needed.

Crafted with sustainably sourced, premium materials, the cabin exudes a minimal yet lavish aura. Most of the vehicle’s technological features, including infotainment and climate controls, are managed through a large touchscreen. The Polestar 2 is equipped with advanced safety systems, inheriting the stellar safety reputation of its parent company, Volvo.

5 Tesla Model 3 Performance

Starting price: $53,990

A host of performance upgrades accompanied the market release of the second iteration of the Model 3 Performance. Enhanced aerodynamics, a fresh chassis, and adaptive damping collectively contribute to the vehicle’s improved handling and quicker acceleration. The Performance 4DU drive unit generates an additional 60 hp, reducing approximately half a second from the car’s 0-60 time. Upgraded wheels and a new body kit give the Model 3 Performance a stylish appearance.

However, all this performance comes with a slight trade-off in terms of range; the new Model 3 Performance is estimated to have a driving range of 296 miles, which is 14 miles less than its prior version.

4 Volvo S60 Recharge

Base price: $51,950

The Volvo S60 prioritizes comfort, with its sleek and luxurious interior featuring premium materials, ample storage, and cozy seating. Its futuristic infotainment system, controlled through a Google-based tablet interface, offers easy access to tech features. Voice command functionality is also available, which proves handy while driving given the minimal physical controls inside, limited to a volume knob and home button.

The Recharge plug-in hybrid model comes with standard all-wheel drive. Similarly to the gas-powered variant, the S60 offers three trim options: Core, Plus (including extras like adaptive cruise control and leather upholstery), and Ultimate. Aligned with Volvo’s reputation, safety and driver-assistance features are packed into the S60 across all trim levels.

3 Nissan Z

Base price: $42,310

The Z sports car from Nissan is now in its second year on the American market since its reintroduction. With design elements reminiscent of the iconic 240Z, it embodies decades of automotive design heritage. It represents the most recent iteration of a model family that dates back to 1969. Two versions are offered (Sport and Performance), with the latter incorporating various mechanical and comfort features such as enhanced brakes, heated leather seats, and 19-inch alloy wheels.

The cabin has undergone significant enhancement compared to its predecessor, the 370z, now featuring superior materials and contemporary technological amenities. The entertainment system can be managed via an 8-inch touchscreen (in the base Sport trim) and offers connectivity options like Apple CarPlay and Android Auto.

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Ford Mustang GT

Base Price: $41,710

Amid the departure of the Dodge Challenger and the Chevrolet Camaro due to the rise of electrification, the Ford Mustang remains as the beloved American pony car. The GT variant, like its less potent counterpart, is offered in both coupe and convertible forms; with its 5.0-liter V8, it provides what many traditionalists consider the ideal number of cylinders for a Mustang.

The 2024 redesign has refreshed the exterior, incorporating classic Mustang design cues into a contemporary package. The interior has been completely revamped; while rear seat space is limited, in line with expectations for a Mustang, there are plenty of comfort and technological features, including a large touchscreen, ambient lighting, and all the latest connectivity options such as Apple CarPlay and Android Auto.

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Chevrolet Camaro LT1

Base Price: $38,800

The concluding chapter of the Chevy Camaro’s sixth iteration is near with the impending 2024 release, and although speculation abounds regarding the destiny of this illustrious model, no official declarations have been confirmed as yet. For now, this marks the end for the renowned Camaro moniker. The ultimate model year of the Camaro boasts an unparalleled ratio of power to price, featuring a 455-hp V8 starting just shy of $40,000.

In recognition of the Camaro’s legacy, Chevrolet introduces a one-time-only “Collector’s Edition” package option for this specific model year. This package entails exclusive badges, black exterior paint, black wheels, and stripes as part of its design features.