RE: SOTW SPECIAL: Toyota MR2 GT T-Bar
RE: SOTW SPECIAL: Toyota MR2 GT T-Bar
Friday 24th April 2009

SOTW SPECIAL: Toyota MR2 GT T-Bar

PistonHeads is back in the used car game, but with the summer in mind


5mph is not a reflection of our MR2's performance
5mph is not a reflection of our MR2's performance
It’s been over six months now since we last got our feet wet in the used car market with a SOTW Special. The little Golf MkII GTI 16V went down a storm, and netted us a cool 100 per cent profit boosting the Shed budget close to £900. But was there going to be anything out there that we’d be able to turn a profit on?

The search started in earnest several weeks ago. Hunting around for the weekly hypothetical SOTW threw up some interesting ideas. Should we stick with our success in the hot hatch genre, or were big barges the way forward now that fuel prices have taken a small tumble? There was so much to look at, and barely a single afternoon passed without a link to a new ‘potential’ Shed Special finding its way between our inboxes.

Has this interior really done 75k?
Has this interior really done 75k?
But with summer fast approaching we knew we had to take a punt on a spot of open top motoring, and after Mr Will and I found a string of ratty looking Toyota MR2s that all had ‘project car’ written all over them we knew the only way forward was slightly scruffy MR2 T-Bar.

Fortunately there are literally hundreds of ropey looking MR2s around ranging from a few hundred pounds to over a grand, but with the British summer time notoriously short and the sun already beating down we needed a car with only a few minor problems so as not to miss any potential fair weather convertible buyers.

After a search for all sub £1k MR2s within a 40 mile radius flung up only half a dozen results our confidence dipped a little, but as luck would have it the penultimate result looked promising. The ad read along the lines of MR2 GT T-Bar, 75k miles, excellent condition, £800. It was looking good, and best of all it was only 8 miles away. The pictures didn’t give much away. The pictures were slightly dark, and the white paint job made identifying any knocks a lot harder. One thing we did know was that the interior looked like it had done 175,000 miles, so I put the call in to the seller with a degree of scepticism.

The car's paint work looks better from the inside
The car's paint work looks better from the inside
A brief interrogation revealed the ‘excellent condition’ translated to a few dings, a bit of rust on the doors and a torn seat bolster. It didn’t sound terrible though, so the meet was arrange.

Breaking with PH tradition of buying cars in the dark, on a wet night in the wrong part of town, RacingPete and I went to see the white T-Bar on a clear and bright evening. Pete had even done his homework too, after interrogating learned PH users on the pitfalls of the MkII MR2.

I’ll freely admit, our first impressions were terrible. Not only were the ‘slight dings’ and ‘small rust’ patches a lot more numerous than I had imagined, the paintwork was also a flat as a Yorkshireman’s hat. Nevermind a life in London, this car looked like it had lived in the Sahara, enduring years of sand blasting.

Its had more than a few scrapes over the years
Its had more than a few scrapes over the years
However, check list in hand we went over the car like only a Concours judge would. We check every single switch and lever, prodded the wheel arches, examined the engine bay, hoses, tyres, brakes, seals and carpets. Nothing was left unchecked, particularly if it had been diagnosed as a possible weak spot in the forum.

A quick spin, and both RacingPete and I emerged quietly chuffed at our find, but what was this…? Two more buyers were sauntering down the street. We’d been Estate Agented. Pete and I had to think fast.

Not wanting to show our hand too early, we opted for a quick retreat to the local pub. Over an orange juice we pondered our dilemma. Losing the car to our newly arrived rivals would have been no great loss, but we were sure that this was mechanically and electrically strong and to walk away because of some matt paint and a few dents would have been stupid. We stuck it out, weighing up the pros and cons, the cost of two new tyres to replace the worn offside front and the remoulded back. We even considered time and effort it would take Mr Will to tart up the body, and then 20 minutes later we got the call. The buyers had left. Were they plants, sent to hype up the interest in the car? We’ll never know.

Probably our car's best angle
Probably our car's best angle
So, to the negotiations. We’d decided to go in low. Insultingly low. The £800 asking price was too much. With all the repairs, at that price it just wasn’t going to make us any money, so RacingPete waded in with his size nine Sparcos at £500. A brief tussle ensued, and I mean brief.

The reply came back, ‘five fifty’. Having a wallet bursting at the seams with crisp twenties, we’d already decided we’d go no higher than £540. Pete and I glanced at each other, we shrugged, looked a little disinterested and turned back to the seller. Maybe our faces spoke for us, but he crumbled. “Ahh, what the hell £500,” he said.

What a result. Our derisory offer had won the day, and we were now the proud owners of a heavily weathered MR2.

It even came with free mould
It even came with free mould
The drive back was very satisfying. The MR2’s engine revved sweetly and at the first set of traffic lights it shot off like a rabbit from a trap. This was a good buy, I could feel it.

Unfortunately not everyone back at the office felt the same way when it arrived the next morning. They too were alarmed at state of the body. The torn seat bolster looked ten times worse in the harsh morning rays, and no one believed anything could be done with that paint. But slowly, as one by one people returned from a short trip the little T-Bar began to win them over.

The big question, however, is will it win someone else over, or will PH be stuck with this through the summer and into the winter. Only time will tell, but I have a feeling this won’t be around for long.

Author
Discussion

ally_f

Original Poster:

245 posts

213 months

Friday 24th April 2009
quotequote all
Great SOTW! In fact that's two brilliant sheds in a row, well done guys!

Massively underrrated and (unfairly) called a hairdressers car, revvy engine, a bit of performance, mid-engined RWD, looks that have aged really well...a great buy.

Now get busy with that T-cut!

ETA: and to find one in totally original condition takes some doing!

Edited by ally_f on Friday 24th April 13:09

chunkymonkey71

13,144 posts

224 months

Friday 24th April 2009
quotequote all
I thought about getting one of those before I bought the MX-5.

I don't regret buying the MX-5 at all, but with these being available so cheap now I might have a wee punt at one myself.

Baffled Spoon

5,258 posts

220 months

Friday 24th April 2009
quotequote all
Will be interesting to see how you get on. Looks like lots of leather feed, T-cut and elbow grease are in order.

Ecurie Ecosse

4,812 posts

244 months

Friday 24th April 2009
quotequote all
Wow - amazing what you can buy these for now.

Get some black shoe polish on the seats and you'll be sorted smile

sleep envy

62,260 posts

275 months

Friday 24th April 2009
quotequote all
RacingPete waded in with his size nice Sparcos at £500.

exactly how big is size nice?

Geoffers

889 posts

279 months

Friday 24th April 2009
quotequote all
I have had two MR2`s over the years, excellent fun, made money on both!
Good luck guys, will watch this one with interest!

aka_kerrly

12,505 posts

236 months

Friday 24th April 2009
quotequote all
sleep envy said:
exactly how big is size nice?
depends how kinky you arebiglaugh


£500 for a road legal MR2 - GOOD BUY lads i wouldnt have thought a mk2 could be so cheap!! A bit of black stitching and some leather restorer on those seats and some white Tcut to try and even out the colour and perhaps some white hammerite for some touch ups an that could net you a tidy profit :-)

Top work- im off to the classifieds

Matt_N

9,008 posts

228 months

Friday 24th April 2009
quotequote all
That interior has seen a fair few miles more than 75k!

sleep envy

62,260 posts

275 months

Friday 24th April 2009
quotequote all
it's been ferris buellered

PeteG

4,278 posts

237 months

Friday 24th April 2009
quotequote all
Damn you, you shed-buying fancy-shoed bounders.

Once I'm done with the need for four doors, I'm going to be looking at these. Can't be much sheddier than my current 525.

Nolar Dog

8,786 posts

221 months

Friday 24th April 2009
quotequote all
sleep envy said:
it's been ferris buellered
I've just bought that DVD today. Three quid in ASDA.

Nice shed btw. smile

jon-

16,534 posts

242 months

Friday 24th April 2009
quotequote all
From the other thread i knew it would be bad, but oh my. Would you like to borrow my porter cable polisher for that paint? I'll throw in a sanding attachment hehe

One tip for that interior, you should be able to pick up a set of cloth seats and matching doorcards for around £50 over at imoc. This will take years off the inside as that leather is battered.

A new set of leather seats shouldn't cost more than a few hundred.

Steamer

14,139 posts

239 months

Friday 24th April 2009
quotequote all
sleep envy said:
it's been ferris buellered
At a glance the gator & wheel wear looks about right for a T-bar for that mileage - my seats had the suede middles but leather sides and those were starting to split at the seams by 70K

ETA: was the previous owner quite fond of a pie or 3?

Edited by Steamer on Friday 24th April 13:39

RobCrezz

7,892 posts

234 months

Friday 24th April 2009
quotequote all
Fantastic!

With a bit leather conditioner them seats will come up a bit better, and with a good bit of polishing and waxing the paintwork should look a bit more shiny!


If you need any service parts, www.camskill.co.uk do all the blueprint bits (plugs, leads, dizzy cap and rotor arm, filters etc).

patmahe

5,911 posts

230 months

Friday 24th April 2009
quotequote all
With a bit of elbow grease you should easily turn a profit on that, and even if you don't it'll be fun to have while the sun shines and you can always try again next year, it won't have lost any value by then anyway smile

Edited by patmahe on Friday 24th April 13:45

williamp

20,205 posts

299 months

Friday 24th April 2009
quotequote all
dont forget the leather is nearly 20 years old. And if its never been treated, it will look like that. especially in a convertable.

Anyhow, good shed. Just £500...

Garlick

40,601 posts

266 months

Friday 24th April 2009
quotequote all
I'm pleased you like it, the boys did good.

It drives really nicely and once we have put some new rubber on it, it will be a great summer toy.

Mr Will is going to machine polish it this weekend, so lets see if he can revive that paintwork......

der

19 posts

227 months

Friday 24th April 2009
quotequote all
With enough green mold absorbing the c02 this car could be carbon friendly

Turbobanana

8,131 posts

227 months

Friday 24th April 2009
quotequote all
Tart it up as a limited edition: "Toyota MR2 T-Cut".

If all else fails, and the Government relents on the 12 month ownership thing, it could be worth £2000 against a new car...

Edited by Turbobanana on Friday 24th April 14:16

CDP

8,023 posts

280 months

Friday 24th April 2009
quotequote all
May I suggest an alternative use?

http://www.750mc.co.uk/F-mr2.php