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We are going to get seriously old-school in order to find a solid rear-wheel drive (RWD) car under $5,000. We will need to look back to the early 2000s and into the 1990s to meet our price point. Our prices are based on buying an excellent version of the vehicle from a private seller according to and cross-referenced with

Chevrolet Camaro

Might as well hit the sports car segment right out of the gate. Assuming that you want the top trim level with the most powerful engine, you will want a Camaro Z28. You can find a 2001 Chevrolet Camaro Z28, which features a 5.7L V8, for $4,400. Since these cars are typically ran hard, you will want to have a private mechanic check it over before you buy.

Mazda Miata MX-5

Perhaps one of the most enjoyable RWD cars to drive is the Mazda Miata MX-5. Small, responsive, and very dependable, the MX-5 makes many top ten lists for RWD cars. You can find a 2002 Mazda Miata MX-5 SE with a 6-speed manual transmission for $4,900 in most markets.

Chevrolet Corvette

Since its introduction in the 1950s, the Chevrolet Corvette has been an iconic dream car for the average American. Built for power, looks, and long life, a Corvette makes a statement no matter how many years it has on it. You should be able to find a solid 1994 Chevrolet Corvette in excellent condition for $5,000. If you can suffer a few minor imperfections, you can find the same Corvette, but in ”good” condition closer to $4,000.

Lincoln Town Car

The Lincoln Town Car is an excellent luxury RWD vehicle. Unlike Cadillac, Lincoln stuck to its RWD roots during the early 200s, making it easy to find an affordable example. You can find a 2003 Lincoln Town Car Signature Series for $4,000 in most areas of North America. If you would prefer the 2003 Lincoln Town Car Cartier Series, you will need to plan on spending $5,000.

BMW 7 Series

BMW has been defining German luxury and styling for decades. To many, the 7 series represents the best BMW has to offer. With a new model touting a sticker price in the range of $140,000, we will need to drop back a few years to meet our price point, but perhaps not as far as you may think. You can find a  2001 BMW 740i with a responsive 4.4L V8 for $3,300 in most areas. If you prefer the top of the line 2001 BMW 750iL, you can expect to pay $5,600.

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