RE: Shed Of The Week: Toyota MR2 GT

RE: Shed Of The Week: Toyota MR2 GT

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Discussion

SonicShadow

2,452 posts

155 months

Friday 27th March 2015
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soad said:
A mini-Ferrari ? wink

"Grey Japanese second-hand imports may not pass UK emissions tests. (Turbos are all grey imports)."
http://classics.honestjohn.co.uk/reviews/toyota/mr...

Is that a myth?
Complete myth.

EDIT: I think the potential problem that article may be skirting around is a tester might try and test it as a UK car, which is not the correct procedure. It should be tested at whatever the default values are for the year, NOT the values of the UK car as it's a different engine. If it's tested correctly, it's not a problem.

PHMatt

608 posts

149 months

Friday 27th March 2015
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The Fiat was all about mid range. Slow off the mark due to being front wheel drive then picked right up on the way to 100.

I had a basic tuned rev 2 turbo for 5 years. It made 288bhp at the wheels and ran low 13's art Santa pod all day, usually crossing the line at 105ish

That was totally stock internals, just bolt on mods like intercooler, boost controller, piggy back ecu, ct20 turbo, exhaust and de-cat.

Gutted when I sold it, 5 years of ownership and loved every minute of it. 5 years later and, as much as I miss it, it feels pretty stone aged.

Mr2Mike

20,143 posts

256 months

Friday 27th March 2015
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J4CKO said:
5.5 to sixty for the MR2, Fiat was 6 ish, but, liek you say, that will be down to drive layout as much as anything, I had a Fiat Coupe turbo and traction could sometimes be an issue, but it was better than a 220 bhp old school turbo FWD had any right to be in that respect, think it had some kind of LSD arrangement that helped, Viscodrive was it ?
Yep, a viscous LSD, which the MR2 also had. I think the very forwards biased weight distribution on the Coupe helped traction a lot.

Shaoxter

4,083 posts

125 months

Friday 27th March 2015
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Steamer said:
This doesn't sit too well though:


SHED said:
Our SOTW isn't a Turbo, which for some will be a plus point. It sounds better, you don't need the posh petrol, and 168hp in a mid-engine format will provide more than enough bants for most.
Sounds better? - The Turbo has a lovely chug on tick over and sounds great when used in anger.
I don't agree with Shed either, the whoosh of the turbo at 3k rpm and BOV from behind you really gives the Turbo some character. Unlike dull modern turbos which try to sound and drive like N/A cars.

For shed money, a Rev 1/2 Turbo at £2k would be a much more exciting proposition than an N/A at £1k with rust issues.

TheJimi

25,010 posts

244 months

Friday 27th March 2015
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What do we think is happening with turbo values?

Going up? Staying as is?

Will I take a bath at resale if I spend 3.5k on a decent rev 3 turbo?

405dogvan

5,328 posts

266 months

Friday 27th March 2015
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TheJimi said:
Will I take a bath at resale if I spend 3.5k on a decent rev 3 turbo?
Yes - I'm surprised you even have to ask

Last person I know to buy one of those had spent twice it's purchase price fixing it within a month too - his was 'modded' (by a blind man with no spanners I reckon) tho ;0

Edited by 405dogvan on Friday 27th March 13:21

Ug_lee

2,223 posts

212 months

Friday 27th March 2015
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Sonic Shadow has always been my favourite combination. Not A fan of the rev5 spoiler as they do not flow with the lines of the car as much as the rev3/4 version. This particular example looks like it needs a lot of work with shoddy sills and rusting arches. Probably best part of £1000 to sort alone.

Engines in these are generally good if not exactly characterful. In Turbo guise they are incredibly quick but the higher the revs, the coarser the engine seemed to get in my opinion.
I solved that bunging in a nice V6, so with 320 normally aspirated horsepower it can be a bit of a beast that has also been responsible for quite a few scary moments.



Soon to go to its new owner before it kills me smile

TheJimi

25,010 posts

244 months

Friday 27th March 2015
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This one is standard, with FSH smile

405dogvan

5,328 posts

266 months

Friday 27th March 2015
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soad said:
"Grey Japanese second-hand imports may not pass UK emissions tests. (Turbos are all grey imports)."
http://classics.honestjohn.co.uk/reviews/toyota/mr...

Is that a myth?
It's not a myth but it's kinda like saying "second-hand cars can have hidden issues"

The 'grey imports won't pass MOTs' thing probably started with some ludicrously tuned (remember that Japan had a thing for '220hp' for a long time) and de-catted car belching unburned fuel - if it's got (intact, proper) cats, it'll almost certainly pass (if not, there are ways to resolve it for the hour it needs to be resolved for!)

Of course it's all money spending...

Note: if we're talking the SVA that might be harder but cars already UK registered have done that already

Edited by 405dogvan on Friday 27th March 13:27

405dogvan

5,328 posts

266 months

Friday 27th March 2015
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Ug_lee said:
Love the color-scheme but those wheels scream "I couldn't afford a Ferrari" - you may as well have put shields on the wings ;0

SonicShadow

2,452 posts

155 months

Friday 27th March 2015
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TheJimi said:
What do we think is happening with turbo values?

Going up? Staying as is?

Will I take a bath at resale if I spend 3.5k on a decent rev 3 turbo?
I think values will go up as neglected ones go for parts / scrap and they become more rare - look at the values of Mk1 MR2's these days. It wasn't that long ago when £1000 would get you an OK Mk1, now that barely gets you a rust bucket. Late model NA's in good condition seem to have gone up in value a little over the past year or so too. The difficult bit is buying a good one as there's a more neglected ones than there are decent ones for sale at any given time!

gavsdavs

1,203 posts

127 months

Friday 27th March 2015
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TheJimi said:
What do we think is happening with turbo values?

Going up? Staying as is?

Will I take a bath at resale if I spend 3.5k on a decent rev 3 turbo?
Good ones (meaning the shell) are holding value and slowly creeping up as many get ruined with body kits and crap mods.
Maintain it, feed it good rubber and good geometry and they are many smiles per mile.

405dogvan

5,328 posts

266 months

Friday 27th March 2015
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SonicShadow said:
I think values will go up as neglected ones go for parts / scrap and they become more rare
err, yeah, that's how it works - however there are other factors.

Cars drop in value until they're worth more in bits but there has to be DEMAND for the bits and that demand can be curbed by parts which are rare and which most cars can't donate (because they're knackered or incompatible or whatever). Put simply, people only pay good money for good cars which don't need work and which parts are available for.

Furthermore, the cars reach an age where "they need everything doing to them" - once someone has embarked on serious restoration (not just a bit of sill bodging) they are throwing thousands into the car and will want SOME of that back and that drives-up prices in itself.

The idea that you can buy a car, spend nothing on it and watch it's value rise really only applies to rare and expensive metal (money makes money) - you cannot buy a cheap and slightly tired sportscar and wait for it to blossom financially, it'll never happen.

Shaoxter

4,083 posts

125 months

Friday 27th March 2015
quotequote all
405dogvan said:
TheJimi said:
Will I take a bath at resale if I spend 3.5k on a decent rev 3 turbo?
Yes - I'm surprised you even have to ask

Last person I know to buy one of those had spent twice it's purchase price fixing it within a month too - his was 'modded' (by a blind man with no spanners I reckon) tho ;0
Yep it's going to all depend on what needs to be done and if the previous owner did everything on the cheap (which usually seems to be the case unfortunately).

But there are lots of breakers and cheap parts around, and someone like Pacific Works will help you a great deal in getting costs down.

SonicShadow

2,452 posts

155 months

Friday 27th March 2015
quotequote all
405dogvan said:
err, yeah, that's how it works - however there are other factors.

Cars drop in value until they're worth more in bits but there has to be DEMAND for the bits and that demand can be curbed by parts which are rare and which most cars can't donate (because they're knackered or incompatible or whatever). Put simply, people only pay good money for good cars which don't need work and which parts are available for.

Furthermore, the cars reach an age where "they need everything doing to them" - once someone has embarked on serious restoration (not just a bit of sill bodging) they are throwing thousands into the car and will want SOME of that back and that drives-up prices in itself.

The idea that you can buy a car, spend nothing on it and watch it's value rise really only applies to rare and expensive metal (money makes money) - you cannot buy a cheap and slightly tired sportscar and wait for it to blossom financially, it'll never happen.
Slow down there friendo - I didn't say you could buy one and do nothing to it - I merely said that values generally have seen a slight increase in recent years for some variants and seems to be following a similar path to the Mk1. You know, the stuff I said in the bit you removed.

andreas542

23 posts

150 months

Friday 27th March 2015
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Ug_lee said:
My goodness that's pretty. I absolutely love how that looks, who the hell cares if you can't afford a Ferrari?!

danjama

5,728 posts

143 months

Friday 27th March 2015
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Hi all, MR2 owner here. On my 3rd in a row now. One Rev 3 NA and two Rev 2 turbos. I'm sure they are well known on here now.

They are extremely addictive cars which offer one of the best smiles per mile factors.

THE NA does stand its own ground, but the turbos are something else entirely. I was never afraid to push my NA through the bends.

Something else to consider is that pretty soon we may have buyers from the US looking to snap up our turbos at bargain prices, due to their import laws etc. This will help resale values in the coming years smile

I think a tidy MR2 is a keeper but a tired/rusty example is destined for the scrap/breakers in the next 5 years.

Not sure what else to say really. They are fantastic cars and can be enjoyed in standard form or mildly modified or extremely modified.

Here are mine in the order i've owned them!

IMG_2993 by danjama, on Flickr

MR2 Turbo by danjama, on Flickr

MR2 Turbo T-bar by danjama, on Flickr

If anybody would like info/advice feel free to message me smile

danjama

5,728 posts

143 months

Friday 27th March 2015
quotequote all
On the MOT thing -

I think it's pre 94 imports do not require a CAT to pass as the mot tester only has a basic emissions test to carry out for it. It should pass unless very unhealthy.

After that a CAT will normally be required to get through.

PS I just sold my red rev 2 turbo for 2k and it was well looked after and well modified. Just to give you an idea. Good Rev 3 add a grand on top.

SonicShadow

2,452 posts

155 months

Friday 27th March 2015
quotequote all
Ug_lee said:
I do like the colour coded side strip look on a Sonic, my old one had that. I was going to colour code my current one too, but now I've got my Advans back on with dark centres, I think the black side strip quite suits it:



TheJimi

25,010 posts

244 months

Friday 27th March 2015
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405dogvan said:
Ug_lee said:
Love the color-scheme but those wheels scream "I couldn't afford a Ferrari" - you may as well have put shields on the wings ;0
What an utterly moronic comment.


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