One car that I found in that price range (when I was doing my car shopping a couple of months ago) was the Nissan Sentra SE-R Spec V.
This car is packed - I mean packed - with power. Very powerful and extremely torquey at only 170HP, with a 6-speed manual and a limited-slip differential that really cleans up your power distribution on slick surfaces. It looks like a baseline sedan, but it packs a major wallop for the money. It does have drawbacks: the shifter's hard to navigate without a flashlight and a map. I don't think it has a speed lockout, so you can theoretically find yourself heading for reverse when trying to grab high gears. And a lot of the extras aren't cheap. But even at baseline, this car impressed the hell out of me.
Caveat: I didn't buy it. I got the Acura RSX Type-S instead. But the Sentra's a great deal for the price.
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Mac
"If it's nae Scottish, it's crap!
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