MR2 prices will they ever go back up

[blownengine]

tidy 94/95 rev 3 turbos now seen for sale frequently for £2000 even dealers have them up at £2500 will they ever go back up such a great car for silly money

[Martin F]

they will go back up as they become rarer , may be a few years yet

it's funny how an unreliable rusted escort cossie is still going for 8-10 k yet a reliable , good conditioned mr2 turbo is only worth 2-4k,

i suppose cars are worth what people are willing to pay for them so the buyer is who is controlling the market

[JUIC'IN]

There are two main problems at the moment, credit situation of this country and the amount of tat for sale, constantly lowering the price of your car.

It all depends on how long you want to sit on your car and wait to see what happens. As the turbo's get older and rarer I imagine they will gain in value for a decent condition one, but I cant see that happening for quite a few years yet.

Although having said that, i've recently been to Japan on business and it was alarming how scarse the mr2 turbo (especially late model ones) were. Obviously the amount imported to the UK has been huge over the past decade or so, but the Japanese are quite reluctant to give them up now. It took me quite a while to strike a deal with the Japanese woman who I just bought my rev5 from.

Hopefully the car market will improve over the next 12-18 months (I bloody hope so anyway).

[jimGTS]

seriously, whos buying a rev3/4 for 2k...
unless it needs some serious work.

unless ive missed something apart prices these days.

99% of pistonhead mr2 sales, dont have those age cars for those prices....

[blownengine]

i bought a 1995 n plate gt turbo recently for 3k well maintained and very tidy and i thought i had done well looking round at others for sale now am thinking maybe i did not do quite aswell as i thought i did however still very happy with the car just cant believe how cheap some appear to be maybe they have issues which are not mentioned in the adds

[Tiny]

You have to look at it along the lines of the cheaper they get the more the chav masses will buy them/crash them. dogs will get thrashed writ off hopefully taking a few of the chav masses with them too. Thus making the well looked after maturely owned Mr2s worth more. Problem is you will have to hold onto them for about 10 years then they will be worth more but they by no means have bottomed out yet unfortunately.

[Carlos GTS]

As much as I love the MR2's, everything is relative, Prices for all cars are dropping and while I have to say I doubt they are many cars that can give you as much fun for your money as the 2. In this day and age you can pick up newer Audi TT's, Lotus elise, TVR's for not much more money then a 10 year old MR2. While I personally would prefer an MR2 most of the less enthusiastic car drivers would buy these IMO. Even Porsche Boxers are within reach of your everyday Joe now. Just the way the world goes.. Supply VS Demand as well. 5 years ago I searched the country for Caribbean blue Rev 3 turbo and in the end had to import one through JDI. Now though you can pick one up in every town practically. Shame though - Give it 10 years and the prices (especially of decent Rev 1) will but back up.

[ryan]

Selfish of me but I dont mind continue to drop as i'm looking to get back into ownership in a years time and i'll get more for my money. Im searching for a Technocraft fitted TRD kitted MR2, so could be waiting a while and doubt falling prices will affect the value of these?

[dawolf]

they will go back up as they become rarer , may be a few years yet

it's funny how an unreliable rusted escort cossie is still going for 8-10 k yet a reliable , good conditioned mr2 turbo is only worth 2-4k,

i suppose cars are worth what people are willing to pay for them so the buyer is who is controlling the market

To be fair, genuine Cossie's are very rare to find compared to MR2 turbo's (which admittedly are still fairly rare).

As for prices I hope they will go back up in time but could take a good few years. It's weird when you think about it, the MR2 turbo is one of the most exotic looking and best performing cars ever to come out of Japan. 200 odd bhp on a RWD car with solid reliability and build quality. Even last year I picked up my tidy rev 3 turbo for £2650. They're cheap as chips but I'm still not sure whether many 'common' people know about the MR2 turbo. You'd be surprised at how many people didn't realise it was ever made. As for the N/A the low prices are understandable as there are so many knocking around.

[Ian Geary]

I got my 1994 rev3 GTS a few years ago for £4k

at the same time, I was looking at 96 prelude vtecs, 94 BMW 328s, 1996 sx200 s14 and the like.

Now, those cars are going for about £1k - £1.5k.

so £2K doesn't seem all that bad.

Still, I doubt prices will ever go back up until MR2s become seriously rare.

and I doubt I can be bothered to wait that long...

Ian

[lukem]

there's no way prices will go back up. perhaps the odd last of line mint condition OEM vehicle in the right colour will hold its value.

quick in a straight line but the chassis and handling are now a long long way off the pace.

[dawolf]

quick in a straight line but the chassis and handling are now a long long way off the pace.

Hmm, the handling is twitchy in the wet as with most RWD cars but in the dry it's excellent and can match most modern cars. Your comment seems a wee bit harsh.

[Igor]

on the twisties a driver in a modern day car will need big balls to keep up with me in my 2. i find them soo easy to drive and soo well balanced

i just bought an MR2 a couple of days ago. UK rev3, 1 owner from new with 12 months MOT for 1k

[Rory]

on the twisties a driver in a modern day car will need big balls to keep up with me in my 2. i find them soo easy to drive and soo well balanced

i just bought an MR2 a couple of days ago. UK rev3, 1 owner from new with 12 months MOT for 1k

Dont kid yourself. A UK NA would struggle agains modern hot hatches with 20+ years of advanced suspension technology.

[Igor]

on the twisties a driver in a modern day car will need big balls to keep up with me in my 2. i find them soo easy to drive and soo well balanced

i just bought an MR2 a couple of days ago. UK rev3, 1 owner from new with 12 months MOT for 1k

Dont kid yourself. A UK NA would struggle agains modern hot hatches with 20+ years of advanced suspension technology.

I was just on about my dodgy driving lol

I still think they will put up a good fight on the twisties

[Lauren]

quick in a straight line but the chassis and handling are now a long long way off the pace.

Hmm, the handling is twitchy in the wet as with most RWD cars but in the dry it's excellent and can match most modern cars. Your comment seems a wee bit harsh.

Dawolf you are talking about mechanical grip more than handling. But Luke is right, chassis development has come a long way since 1990.

Also a lot of RWD cars don't suffer from the same 'twitchy' handling as the mk2.

As for prices, if they ever rise for the MK2 it will be sometime yet. I don't think the Mk2 has suffered more than any other car with regard to loss of value, after all it is an old car and you can't get away from that. Also it is relatively expensive to run, parts are stupidly priced, insurance is high, economy isn't great. All these things don't help it in many ways.

[ryan]

I was amazed to see a 2004 Mazda RX8 for 5k on pistonheads recently, the prices of those are stupidly low. When you compare older RX7's and MR2 turbos that are many years older it does make you think (not that I would want an RX8)

[Lauren]

I was amazed to see a 2004 Mazda RX8 for 5k on pistonheads recently, the prices of those are stupidly low. When you compare older RX7's and MR2 turbos that are many years older it does make you think (not that I would want an RX8)

Economy of 20mpg and £440 road tax haven't exactly helped it!

[matt_mr2t]

Still no cheap Supra manual TT's

[Razor04]

Shockin isnt it? bought my 94 rev3 GTS 2 years ago for 4k gave fensport & rouge a couple o thou for tuning parts, before i found IMOC, factor in running/servicing costs
and now some cheapo would prob try and haggle if i put it up for sale for 2k!

well at kind of return id rather doughnut it to death