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'80s dream-car bargains: The AutoWeek list

'84-'89 C4 Corvette High: $44,000 Low: $2,500 Average: $10,018 Our take: Arguably the best buy on this list '85-'89 Volkswagen GTI High: $5,995 Low: $4,100 Average: $4,865 Our take: The iconic pocket rocket '85-'89 Ford Mustang 5.0 High: $48,995 Low: $1,900 Average: $7,924 Our take: Pony car + V8 = tons of fun '87-'89 Pontiac Firebird Formula High: $22,900 Low: $4,000 Average: $10,293 Our take: One day, you might be able to show it at an Orphan Car Show '84-'87 Buick Grand National High: $31,700 Low: $9,000 Average: $17,442 Our take: If you can find a clean one for less than $20,000, buy it '81-'82 DeLorean DMC-12 High: $26,900 Low: $15,998 Average: $22,572 Our take: Only on the market for a couple years; might always be a collectible '81-'89 Lotus Esprit High: $41,998 Low: $16,495 Average: $23,535 Our take: One of the fastest cars in its day '88-'89 BMW M3 High: $65,000 Low: $14,500 Average: $24,417 Our take: A lot of thrills for the money '83-'85 Ferrari 308 GTS High: $44,950 Low: $32,900 Average: $37,878 Our take: A Ferrari for less than 40 grand? Believe it '81-'89 Porsche 911 Turbo High: $78,500 Low: $24,900 Average: $40,669 Our take: Be careful, these monsters are a handful!

Sebastian Loeb smashes Pikes Peak record in Peugeot 208 T16 (video)

Sebastian Loeb smashes Pikes Peak record in Peugeot 208 T16 (pictured) This weekend saw the Pikes Peak hillcimb action, with powerful cars tackling the more than 12 mile course, with all its twists and turns, in a thrilling spectacle. But no spectacle was more thrilling that the run by Sebastian Loeb in the Peugeot 208 T16. The Peugeot 208 T16 (which bears about as much resemblance to your 208 as Loeb’s driving does to your Granny’s) gets a 3.2 litre twin turbo V6 with 875bhp, enough to hit 62mph in a scant 1.8 seconds and on to 150mph.

Jaguar confirms small saloon – and gets the thumbs up from Number 10

Jaguar will launch a small saloon beneath the XF in 2015, the company confirmed on the eve of the Frankfurt motor show. The baby Jag (seen testing as a disguised evaluation mule in our spy shots gallery) will be constructed from aluminium and built in the West  Midlands, creating around 1700 jobs. The news prompted a call to Jaguar from the office of Prime Minister David Cameron, offering Number 10's congratulations and support with the company's product expansion.