Jeep Wrangler JK - $19,000        The JK generation will have to do if you desire a Wrangler for less than $20,000. The JK had to have a new shape, frame, and suspension design

Ford Mustang - $15,000     Although Ford has produced several incredible vehicles over the years, the Mustang is the model that most people think of when the company is discussed.

Chevrolet Corvette C5 - $18,000        You can purchase a C5 Corvette with both the base 5.7-liter V8 for less than $20,000. Turbochargers, superchargers, and cool air intake systems are a few of the famous C5 Corvette modifications.

Dodge Challenger - $19,000        Gearheads were devastated when Dodge initially dropped the Challenger brand in 1983. Fortunately, Dodge heeded the advice of its customers and unveiled a new Challenger generations in 2008.

Fourth-Gen Chevrolet Camaro - $13,000         Although the fourth-generation model from the 1990s is still far below $20,000, modern Camaros are rather expensive. We believe that because of its cutting-edge design and abundance of modification choices, it makes an excellent project car.

1978 Pontiac Firebird Trans Am - $19,000     Due to its appearance in Smokey and the Bandit, the 1977 Firebird Trans Am is relatively pricey; yet, the 1978 model, despite having a nearly identical appearance, is still less than $20,000.

Ford F-Series - $15,000      If you're looking for a cheap project pickup truck, you have a variety of F-Series generations to chose from, ranging from vintage F-100s from the 1960s to more contemporary F-150s.

Chevrolet Cobalt SS - $17,000     The Cobalt SS had a 2.0-liter Ecotec engine that was direct-injected, turbocharged, and produced 260 horsepower. It was essentially a standard Cobalt on steroids.

Old Ford Bronco - $15,000    Budget-conscious gearheads could look for older Bronco variants instead, which are still plentiful and have a ton of upgrade choices as they cost less than $20,000 instead.

1961–1969 Lincoln Continental - $17,000          Even now, the low-slung, boxy body of the Continental still appears classy, particularly if we install one of those contemporary air suspension systems.