2008-2015 Dodge Challenger V8
The 2008-2015 Dodge Challenger is a boldly styled high-performance muscle car that offers some amazing performance — especially with its plethora of V8 engine options, which range in power from around 350 hp to an amazing 707 hp. The Challenger also offers reasonably strong reliability, as it won J.D. Power’s Initial Quality Study award for its segment. Best of all, a $40,000 budget can buy you a wide range of Challenger models: There are more than 3,000 different V8-powered examples listed on Autotrader for around $40,000 or less, including several high-performance SRT models and exciting special editions.