Toyota MR2/MR-S/Sera/Paseo (1986-2002) - 2020 Market Review

By: Cliff Chambers

Presented by

toyota mr2 toyota mr2

Toyota MR2/MR-S/Sera/Paseo 1986-2002 from our 2020 Japanese Classic & Performance Car Guide

Toyota’s early MR2 has a reputation for tricky handling but that heightens its appeal to some buyers. Australian-delivered examples of the AW11 model cost $15,000, with supercharged imports scarce and normally more expensive.

All-new SW20 versions sold in Australia with non-turbo engines and most now cost less than $10,000. Turbo versions with a 163kW motor can be found here at around $18,000 but cars in Japan are becoming harder to buy.

| 1987-1990 Toyota MR2 review

Post-1994 Bathurst and GT versions that sold new here will go close to matching Turbo money. The third-Generation MR-S Spyder has less power than an SW20 and comes only as a soft-top.

Paseo coupes are vanishing fast and good cars sell at under $3000.

MR2 1986-89 $14,585 [9]

MR2 S/Charged $15,000 [4] 

MR2 1990-96 $9850 [9]

MR2 Turbo 1990-95 $18,600 [6] 

MR2 GT/Bathurst $15,860 [6]

MR-S 1998-02 $11,345 [13] 

Paseo $2530 [6]

[*] = number of recorded sales

(Note: concours & special cars may demand more.)

Numbers from our 2020 Japanese Classic & Performance Car Guide.

See the 2019 Toyota MR2/MR-S/Paseo market review here


| Read next: Understanding our value guides


Unique Cars magazine Value Guides

Sell your car for free right here



Subscribe to Unique Cars Magazine and save up to 39%
Australia’s classic and muscle car bible. With stunning features, advice, market intelligence and hundreds of cars for sale.