Saturn ION Redline.
Stock ~210-220 whp. and about 200 lb/ft
700 dollars in mods puts you up to about 250/250 to the wheels.
You can buy an 06 for under 10gs, fully loaded, with LSD, etc.
If you feel like going crazy you can twincharge it, or do some heavier modding and get it to 350.
Done and done