BMW 118i (E87) OR BMW 318i (E90)?? (HUGE BOMBSHELL) 150BHP

Helloooo
In a dilemma here, for my second car im either going to get a 143 bhp 118i or 318i (2010). I cant get anything more powerful than a 150 bhp car because of the insurance costs.
Believe it or not, to insure a 318i or 118i, ill be looking at £2500 ( approx $3000 )
Madness I know, so my best choice is to go with either of these, which both have the same engine. The 118i is 0.3 seconds faster because it’s a hatchback.
Which do you recommend I get? I like the idea of getting a saloon car because they look far cooler with mods. Or do you think it would be a no brainer to get a 118i for speed?
Lastly, with a £1000 budget how much faster do you think I would be able to make these cars? Would 200+ bhp be achievable? (ill be doing lot of those)!

118I OR 318I?

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