2001 Porsche 911
Original list: $66,500
Target price: $25,000
Power: 3.4-liter H6, 300 hp
Because Porsche styling evolves at the pace of Illinois political reform, a seven-year-old 911 looks a whole lot like a new one. Car geeks and valets will know that the blobby headlights signify an older car, but in terms of performance the 996-model 911 is plenty contemporary. For twenty-five grand, you can have an automotive icon with 300 hp hanging out over the rear axle. While the current Cayman S is flirting with the same sort of power numbers as an older 911, it still costs far more and is much less likely to enervate your drive with lift-throttle oversteer.
Our Find: 2001 911 Carrera in California. Silver with black leather, 81,000 miles. Short-shift kit, Porsche GT3 wheels and factory aero kit. The owner doesn't say, but this is probably debadged, to further the GT3 pretense. $25,000