90-94 Eagle Talon/Mitsu Eclipse/Plymouth Laser.
You have to get the turbocharged version to have any real speed. The 4G63 is the engine, they are turbocharged. They also fit in your price range, and you can mod them very easily and its cheap to boot.
This is the car you should get. Unless you can find an old El Camino in good shape, i'd go with a DSM.
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