Toyota - MR2 (1996)

Discover the true market value of the classic Toyota MR2
Whether you’re chasing a nostalgic sports coupe, researching a potential investment, or simply curious, the Toyota MR2 price can vary significantly depending on condition, mileage, and location. For the iconic 1996 model, knowing what is a 1996 Toyota MR2 worth can help you decide if it’s the right buyer's sweet spot. This guide gives you a clear snapshot of the used Toyota MR2 price landscape while balancing expert facts with practical advice.

• Overview: The Toyota MR2, especially the second generation (1995‑1999), is celebrated for its lightweight, mid‑engine layout and balanced handling. Its reputation endures in the used‑car market, making it a favorite among drivers who value performance and simplicity.
• Key Specs (1996 MR2):
  • Engine: 1.6‑litre 4‑stroke inline‑4 (Mivolta)
  • Power: 133 hp @ 7,200 rpm
  • Torque: 111 lb‑ft @ 5,200 rpm
  • Transmission: 5‑speed manual (standard) or optional 4‑speed automatic
  • Drive: Rear‑wheel drive, mid‑engine layout
  • Fuel type: Regular gasoline only
  • Weight: 2,680‑2,755 lb (12.2‑12.5 kg)
  • Dimensions: 171 in (4,330 mm) L × 64 in (1,625 mm) W × 50 in (1,270 mm) H
  • Wheelbase: 92.1 in (2,341 mm)
  • Top speed: ~120 mph (193 km/h)
  • 0‑60 mph: ~6.5 seconds (based on typical manual gear ratios)
• Maintenance & Reliability: The Mivolta powertrain is known for its durability and relatively low running costs. Common long‑term concerns revolve around clutch wear (especially in manual models) and occasional oil seal leaks in older examples.
• Market Appeal: The MR2’s balance of performance, minimalism, and reliable mechanicals keeps it highly sought after among enthusiasts, especially in aftermarket communities where parts availability is solid.

Depreciation Insight: How the Toyota MR2 depreciation Shape Market Value

While new cars can lose up to 30–40% of their value in the first year, pre‑owned models such as the 1996 MR2 experience a flatter depreciation curve once they cross the 3‑4 year mark. Below, we break down realistic decline percentages:

• First Year (Short‑Term) – 15–20% from retail to early used sale
• Year 2‑5 – 5–10% per year, depending on mileage and upkeep
• Beyond Year 5 – 3–6% annually, with older models plateauing after 10+ years

These figures apply to typical MR2s in good condition; any significant restoration, aftermarket parts, or super rare-orange paint schemes can alter the pattern. The result: a 1996 MR2 may maintain roughly 55–60% of its original launch price into its second decade, which is noteworthy for a vehicle that sits in the mid‑spec sports market.

Comparison Context: How It Stacks Against Similar Models

• Mazda MX‑5 Miata (NB) – Often praised for its lightweight and excellent handling, the Miata generally depreciates marginally faster (~4–6% more per year). However, MR2 offers higher revving linear power and a more distinct mid‑engine feel.
• Honda Civic Si (1996) – While the Civic Si offers more practical cabin space and power, the MR2's exclusive mid‑engine arrangement offers a unique driving experience that commands a premium among

  ---

  Last 20 car trackeds

  Last tracked date	Status	Price	Price rank	Link
  5 years ago	used	£6,990.00		Unlock all links
  5 years ago	used	£6,990.00		Unlock all links
  5 years ago	used	£6,990.00		Unlock all links
  5 years ago	used	£6,990.00		Unlock all links
  5 years ago	used	£6,990.00		Unlock all links
  5 years ago	used	£6,990.00		Unlock all links

  Note that old links may not work