Definitely a 'Saturday Night Special'. Probably has an ICE setup in it that's worth more than the rest of the car.
ha! ive got a mate who is a boy racer with a diesel golf, i did laugh when he told me his car was fast (he knows i have a camaro) the boy racers over here are of a higher class, they have BMWs and mercs and stuff, not the shitty corsas and fiestas like the uk.