I am 25 years old. I have wanted to have an MR2 since I was in 1st or 2nd grade and I saw my first one back in the mid 1980's. I can finally afford another car, so I am finally looking into buying an MR2 Turbo. I found a few. One is a Red 91MR2 Turbo, with about 71,700 miles on it. I tried to look up a "fair" price on Kelly Blue Book and Edmunds website, only to discover their "fair market selling prices" are WAY below what any MR2 I have ever seen sells for. All the prices they give are much lower than what I see them selling for. They both list the "value" as around $5500-5800 dealer price, $4500-4800 private party, and around $3800 trade in.

Now I might not know a ton about MR2's, but I do know these sites that price car values don't seem to list prices that reflect anything near what you can get an MR2 for. I mean, they list the difference between the N/A one and the Turbo one as $200.

The pricing guides seem to be of no use, as the "prices values" they list seem too low. I am not sure what a fair price to try and bargin down to is. My question is this. What you you all consider a fair price for this car? It is a 91 MR2 Turbo with 71,700 miles on it. He wants $7800. I may want an MR2, but I won't overpay for a car. What do all of you consider a fair price for a car like this (or this one)?

Also, is there anything that is a know problem with these cars that I should know or look into? Thanks for your thoughts and help, it is appericated.

Actually 7800 is a fair price for such low milage. I was going to suggest 8500.

The only known problem i can think of right away youd wanna check is the headgasket. If the car runs fine, your HG is fine. Also, there is a small ring around the distributor cap that is sometimes thrown away when a new one is put on, allowing rain to get into it. So check that out to. Otherwise it looks like you have a nice find!

Actually 7800 is a fair price for such low milage. I was going to suggest 8500.

The only known problem i can think of right away youd wanna check is the headgasket. If the car runs fine, your HG is fine. Also, there is a small ring around the distributor cap that is sometimes thrown away when a new one is put on, allowing rain to get into it. So check that out to. Otherwise it looks like you have a nice find!

Thanks for the reply. I'll definatly check into those two things before I get it if I deciede to.

If anyone else has any more thoughts or info, feel free to add them. :smile:

[It is a 91 MR2 Turbo with 71,700 miles on it. He wants $7800. I may want an MR2, but I won't overpay for a car. What do all of you consider a fair price for a car like this (or this one)?

thats terrible!! you need to give me that guys number right away so I can tell him so!!! :-)

$7800 is a fair price if:
1. The car is unmodified
2. The low mileage stated
3. The interior/exterior is in good condition
4. The engine is healthy (at 70K without mods there is no reason the engine should have issues)

$7800 is a fair price if:
1. The car is unmodified
2. The low mileage stated
3. The interior/exterior is in good condition
4. The engine is healthy (at 70K without mods there is no reason the engine should have issues)

Agreed...

As for most mr2s...pricing is as follows (at least in my area)...I've been looking into prices since about 1999.

Anyhow...91s (and to a lesser extent 92s) are the cheapest and are the easiest to find. N/A are the most common, usually with a sunroof. Turbos w/o t-tops are the most rare (in 94/95 I believe you could only get them with t-tops). Autos aren't too common in mr2s...but still quite a few n/as have them...which definitely lowers the value (drop about 700-1500 for an auto compared to manual). The 94/95 turbos are way over book value...but they are extremely rare and are the newest mr2 turbos offered...so they are a bit more collectable than a 91/92. N/As are a lot cheaper than a turbo model since they are a lot less desired...they are however still great cars...just not nearly as fast and slightly less nimble. Suspension changes in 93-up increase the price a bit...and in 94/95 models short-shift kits and many other small upgrades make the turbos even more sought after.

----- n/a -------- turbo
91 3000-4500 5500-8500
92 3500-4500 5500-8500
93 4000-5500 6000-8500
94 4500-7000 6500-10500
95 5500-8500 8500-13000

Keep in mind these prices reflect a car in decent shape with no mods (other than possibly rims).

Thanks for the replies, they give me price ranges to look for and expect when looking for a stock MR2 or MR2 Turbo. The MR2 turbo I mentioned seemed fairly stock. I really couldn't see anythng done to it, though he had a boost gauge I believe and I think an oil pressure gauge, added aftermarket. No boost controller though or anything, which is good and supposly the gauges were used just to keep tabs on things. I am defintaly looking for an unmodified one. Helps reduce the chnagces of buying someone elses problems caused by incoorect mods, etc...plus, it being hopefully stock, it hopefully won't have been driven as hard then :biggrin:

Besides the Dirstibutor cap ring and the head gasket, are heir any other things I should kow to look for and make sure are not worn?

Thanks for the replies all, feel free to add anything any time. The price ranges and info given so far are of BIG help, thank you very very much.

Just curious though, I think in 93 was it an LSD was added to the turbo? Also, what suspension tweeks where made, etc? Did I read correctly the 94/95 came with a short shift kit installed?

If anyone has a good site or place I can read up on info regarding the various models from various years, or anything else relevant, I would apperiacte it. I always like to learn as much as I can with things. :)

Hmm on a side note, You guys think that since toyota's announcement of cancelation of MR2's in their line-up will our market values increase or decrease?
Well hopefully increase... lets say about the same as the supras?!?!?!?! :lol2: :lol2: :lol2:

a 91 turbo with 70,000 miles on it should be sold for maby $5800 depending on the condition.

Well, I thought I'd update. I never ended up getting that specific MR2. It had a few things here an there that turned me off, so I'm still looking..trying to find a decent one for a fair price. Unfortunatly, MR-2 Turbo's don't grow on tree's...espeically around here.

have you tried the for sale section on the mr2 boards?

www.mr2oc.com

have you tried the for sale section on the mr2 boards?

www.mr2oc.com


I havn't tired looking there yet, thank you for the suggestion and link.:) If anyone has any other suggestions or places to look, feel free to post em up also.