What is the price of a Toyota MR2?
The price of a Toyota MR2 varies widely by generation, condition, mileage and market, but in today’s used-car landscape you’ll typically find AW11 models priced in the low-to-mid five figures and SW20 variants ranging from the mid-teens up to high five figures, with Turbo versions and pristine examples commanding premium.
MR2 generations and how they affect price
The Toyota MR2 has two generations that dominate today’s market values. The first-generation AW11 (1984–1989) is generally more affordable and widely available as a project or driver, while the second-generation SW20 (1990–1999) includes higher-performance variants that push prices higher, especially for Turbo models or limited editions.
AW11 pricing (1984–1989)
Because the AW11 is the original MR2, prices reflect age, condition, and originality. Here are typical ranges you’ll encounter in today’s market.
- Rough, high-mileage or project AW11s: about $8,000–15,000
- Good-running, well-maintained drivers with modest mileage: roughly $15,000–25,000
- Clean, low-mileage, unmodified or well-preserved examples: about $25,000–40,000
Prices for AW11s are sensitive to mileage, the condition of the mid‑engine layout, and whether original parts and colors have been preserved.
SW20 pricing (1990–1999)
The second-generation SW20 encompasses both natural‑aspiration and turbocharged variants, with broader price bands due to performance and rarity. The ranges below reflect typical market values for stock, well-kept cars.
- Non-turbo SW20 in good condition: about $12,000–25,000
- Turbo SW20 in good condition: roughly $25,000–60,000
- Exceptional or low-mileage Turbo, rare editions, or pristine show cars: often $60,000+
As with AW11s, the SW20 market is driven by maintenance history, originality, and how recently upgrades or service work have been performed.
Factors that influence MR2 prices
Beyond generation, several variables can swing price significantly. Buyers should weigh these factors when evaluating listings.
- Overall condition and mileage
- Originality versus modifications (stock cars often command higher values)
- Service history and documentation
- Maintenance items specific to mid‑engine layouts (timing belt, water pump, hoses, rust)
- Desirability of color, trim, and whether the car is a US or JDM example
- Market demand and regional price variations
Understanding these factors helps buyers avoid overpaying and helps sellers set realistic expectations.
Tips for buying a Toyota MR2
To secure a fair deal on an MR2, prospective buyers should perform due diligence and consider a professional inspection.
- Arrange a pre-purchase inspection with a mechanic experienced in MR2s and mid‑engine layouts
- Check for rust in common trouble spots, including sills, wheel arches, and floor pans
- Inspect the engine bay for leaks, cracked hoses, and evidence of prior turbo work on SW20s
- Verify timing belt and water pump replacement history, plus accessory belt condition
- Test the transmission and clutch for smooth operation; ensure the shifter is not grinding
- Review service records for maintenance on the mid‑engine system and turbo (if applicable)
- Consider stock condition versus reputable upgrades that won’t degrade value
A careful inspection and solid documentation can prevent buyer’s remorse and help you negotiate a fair price.
Summary
The Toyota MR2 remains a sought-after mid‑engine sports car with price levels that reflect generation, condition, mileage and originality. In today’s market, AW11s typically range from the high teens to the low four figures for well-kept examples, SW20 non-turbo cars generally sit in the mid‑teens to mid‑twenties, and SW20 turbo models commonly span the mid‑twenties up to the upper fifties or beyond for immaculate or exceptionally well-documented cars. Prospective buyers should prioritize documentation, maintenance history, and originality to gauge value accurately and secure a fair price.
How much will the 2025 Toyota MR2 cost?
There is no official 2025 Toyota MR2 model available, so there is no official 2025 price. Rumors suggest Toyota is working on a new mid-engined sports car, potentially to be called the MR2, with price speculation ranging from around $25,000$ 25 comma 000$25,000 for an entry-level model to over $100,000$ 100 comma 000$100,000 for a higher-end version. Official pricing and availability for any potential model are not yet confirmed.
This video discusses the potential pricing of the 2025 Toyota MR2 based on available information: 36sCarCrazeYouTube · Mar 9, 2025
- No official 2025 model: Toyota has not released a new MR2 model for the 2025 model year.
- Rumors of a comeback: There are rumors that Toyota is developing a new sports car inspired by the MR2, but no official confirmation or release date exists.
- Price speculation varies widely:
- Some reports speculate a lower-priced entry-level model could be around $25,000$ 25 comma 000$25,000.
- Other rumors suggest a more powerful, higher-end version could cost upwards of $100,000$ 100 comma 000$100,000.
How much is a 1987 Toyota MR2 worth?
The cost for a 1987 Toyota MR2 varies widely, from approximately $2,500 for a project car to $15,500 or more for a well-maintained example. Factors like condition, mileage, history, and specific trim significantly influence the price, with top-tier examples potentially reaching over $20,000 at auction.
Factors affecting price
- Condition: A car in excellent, well-maintained condition will cost significantly more than one needing extensive repairs.
- Mileage: Lower mileage examples command higher prices.
- History: A clean history and original parts are desirable, while accident history or modifications can affect value.
- Trim: Original MSRP for the STD Coupe was $12,858, but current prices are based on the used market.
- Rarity: Higher prices are often seen for rare, desirable features or modifications.
Price examples
- Low end: As low as $2,500 for a car needing significant work.
- Average: Around $9,000 is the average price on sites like Autotrader.
- Good condition: A good-condition, average-spec model can be around $12,000, according to Hagerty.
- High end: Well-maintained examples with desirable features can range from $15,000 to $20,000+.
Why is MR2 so expensive?
The higher-selling MR2s are typically turbos, as they often sell for twice as much as the naturally aspirated MR2s, and some model years are worth more due to limited production. For instance, 1995 MR2 Turbos are often incredibly expensive because Toyota didn't produce many units in the United States.
How much is a 1989 Toyota MR2 worth?
A 1989 Toyota MR2 can range in price from around $5,000 for models in fair condition to over $20,000 for well-maintained, high-optioned, or rare models like the supercharged version. The average price is approximately $15,500 for a vehicle in good condition.
Price by condition and features
- Lower Range ($5,000+): You may find cars in fair condition with moderate mileage, but expect to look harder for these models.
- Average Range ($15,000 - $20,000): Expect to pay in this range for a well-maintained example with desirable features and lower mileage.
- Higher Range ($20,000+): Pristine, low-mileage vehicles, particularly the supercharged or other rarer variants, can reach or exceed this price point, with some recent auction prices going even higher.
Factors influencing the price
- Condition: The overall condition, including rust, mechanical soundness, and interior wear, is a major price factor.
- Mileage: Lower mileage generally commands a higher price.
- Features: Specific features like the supercharged engine or the T-top roof panels can increase the value.
