I've been looking at MR2 prices since my car was written off a few weeks ago
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(it's a tin top so pretty rare already), and I've seen several on eBay going for decent prices, one is selling a Rev 3 for around
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£3.6k, another is selling a rev 2 for
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£2.4k
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(needs a respray apparently, not unusual for cars of that age).
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As Draven says it all depends on what you think is a good price.
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Personally I think they're beginning to rise in value and I would say an average price for a Turbo should be around
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£3
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-
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£4k, they're not exactly common cars and finding one that hasn't been abused is even harder.
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It's a great car and worth spending a few quid getting a decent one
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- if I was looking I'd be happy to pay at least
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£4k for a good one, possibly stretching to more.
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If treated well, the engines go on forever.
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Mine has now done 143,000, is on the original turbo
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- still pulls strongly and is on the original clutch.
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It has been driven hard at times but never recklessly and has covered a high proportion of motorway miles.
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If you think that
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£3
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- 4k is too much then it's probably not the car for you.
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Spending doesn't stop at the initial purchase, you do need to spend a few quid on ensuring they're well maintained, frequent oil changes, renewal of ignition parts
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(I've just spent around
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£300 on new ignition bits
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- plugs, leads, distributor cap, rotor arm, coil) so it's always good to have a float of money to make sure you keep up the servicing.
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If you do that, they will rarely let you down! There's also the matter of fuel economy.
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If I get more than 200 miles from a full talk I'm doing well.
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You can get more if you drive it like a granddad
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(sorry granddads, no offence intended) but then what's the point in that?