As of August 2026, CarSearch.Pro's True Value model estimates a typical Toyota MR2 is actually worth $13,700 (fair range $12,000 to $15,300). Unlike the median asking price shown above, True Value is anchored to 197 recent confirmed sales, normalized for mileage, and blends auction hammer prices (grossed up for buyer's premium) with real-world asking behavior.
Sellers are currently asking a median of $12,500 — about 9% below what these cars have actually been selling for. Asks sitting below recent sold values can signal softening demand or motivated sellers.
As of August 2026, the Toyota MR2 market has 370 active listings across 14 marketplaces tracked by CarSearch.Pro. The median asking price is $12,500, with the middle 50% of listings priced between $8,000 and $16,000. Toyota MR2 prices have decreased 3.4% over the past quarter, from a median sale price of $14,069 to $13,591.
The typical Toyota MR2 on the market has 106,803 miles. Listings spend an average of 125 days on market before selling or being removed.
Current Toyota MR2 Pricing
A fair price for a Toyota MR2 in August 2026 is between $8,000 and $16,000 (25th to 75th percentile). Prices range from $4,700 to $19,990 across 370 active listings.
Price Distribution (370 Active Listings)
Percentile
Price
Meaning
10th
$4,700
Budget / project cars
25th
$8,000
Below average price
Median (50th)
$12,500
Typical market price
75th
$16,000
Above average / premium
90th
$19,990
Top tier / low miles / rare spec
The average asking price is $13,503, which is higher than the median, indicating that high-priced outliers (rare specifications, very low mileage, or concours-quality examples) pull the average up.
Price by Mileage
Mileage Range
Listings
Median Price
Under 10,000 mi
10
$18,999
10,000 - 25,000 mi
12
$16,500
25,000 - 50,000 mi
23
$16,486
50,000 - 100,000 mi
113
$13,528
100,000 - 150,000 mi
115
$11,000
Over 150,000 mi
86
$8,000
Toyota MR2 Price Trends
Toyota MR2 prices have decreased 3.4% over the past quarter. In 2026-Q3, the median sale price was $13,591 across 29 sales, down from $14,069 in 2026-Q2.
On a year-over-year basis, Toyota MR2 prices are up 11.4% ($13,591 vs. $12,200 a year ago).
Toyota MR2 Quarterly Sale Prices (Historical)
Quarter
Sales
Median Price
Average Price
2024-Q4
32
$13,985
$15,594
2025-Q1
29
$15,652
$18,808
2025-Q2
41
$13,101
$15,064
2025-Q3
43
$12,200
$14,857
2025-Q4
68
$14,300
$15,395
2026-Q1
43
$16,900
$18,525
2026-Q2
45
$14,069
$14,820
2026-Q3
29
$13,591
$15,260
Best Value Toyota MR2 by Model Year
The 1985 Toyota MR2 offers the best value with a median price of $7,000 across 8 listings. The most expensive model year is 1996 at a median of $34,498.
Median Price by Model Year
Year
Listings
Median Price
Min
Max
1985
8
$7,000
$3,500
$16,500
1986
25
$9,000
$2,500
$25,860
1987
25
$11,000
$2,500
$20,165
1988
11
$10,000
$2,800
$22,900
1989
12
$24,995
$4,450
$25,399
1990
5
$15,990
$7,995
$350,000
1991
37
$13,600
$2,500
$26,500
1992
14
$10,900
$3,000
$33,000
1993
23
$12,500
$4,000
$36,000
1994
3
$16,000
$14,500
$19,000
1995
1
$26,000
$26,000
$26,000
1996
2
$34,498
$19,995
$34,498
1997
1
$18,000
$18,000
$18,000
1998
2
$24,900
$3,000
$24,900
1999
2
$15,000
$14,900
$15,000
2000
33
$12,900
$3,700
$38,000
2001
52
$11,500
$3,000
$18,999
2002
50
$11,996
$3,500
$18,989
2003
45
$12,500
$3,500
$18,995
2004
8
$14,980
$8,250
$16,200
2005
11
$13,742
$6,000
$18,000
How Mileage Affects Toyota MR2 Value
Most price guides assume value falls linearly with mileage. It doesn't. CarSearch.Pro learns the actual price-vs-mileage curve for the Toyota MR2 from confirmed sales, referenced to a typical example at about 75,186 miles:
Odometer (approx.)
Value Multiplier
Implied Value
1,128 mi
2.00x
$27,418
5,746 mi
1.32x
$18,116
10,244 mi
1.26x
$17,203
23,567 mi
1.04x
$14,309
39,127 mi
1.17x
$16,061
63,178 mi
1.07x
$14,697
96,465 mi
0.88x
$12,046
147,250 mi
0.70x
$9,651
223,957 mi
0.66x
$8,987
Low-mileage examples carry a real premium in this market: around 1,128 miles, cars trade at roughly 2.00x the reference value. At the other end, 223,957-mile examples trade at about 0.66x. Implied values here are anchored to this market's True Value.
Toyota MR2 Price Forecast
Horizon
Direction
Probability
Regime
Past Accuracy
6 months
↓ DOWN
51%
volatile
57% over 63 tests
12 months
↓ DOWN
50%
volatile
51% over 57 tests
24 months
↓ DOWN
50%
volatile
47% over 45 tests
These are probabilistic direction calls, not price targets. The "Past Accuracy" column is this model's real walk-forward record on the Toyota MR2 — every month we re-run the forecast as if we only knew what was knowable then, and grade it against what actually happened. We publish the hit rate either way. Full methodology & track record →
Where to Buy a Toyota MR2
The highest concentration of Toyota MR2 listings is in TX with 47 active listings, followed by CA (43), FL (25), WA (22), MI (18).
Regional pricing varies significantly. The lowest median price is in TN at $7,500, while NY has the highest at $16,834. Buyers willing to travel or arrange transport may find savings of $9,334.
Top States by Inventory
State
Listings
Median Price
TX
47
$10,000
CA
43
$11,995
FL
25
$12,000
WA
22
$14,900
MI
18
$15,000
MA
13
$15,000
IL
12
$12,800
CO
11
$10,000
NJ
11
$12,995
NY
11
$16,834
Toyota MR2 Market Velocity
Toyota MR2 listings spend an average of 125 days on market. This is a slow-moving market. Listings tend to sit for extended periods, giving buyers significant negotiating power. Sellers should be realistic on pricing and patient.
The median time on market is 68 days. The lower median suggests most cars sell relatively quickly, while a smaller number of overpriced listings drag up the average.
Toyota MR2 Buyer's Guide Summary
Fair price range: $8,000 to $16,000. The median is $12,500. Anything below $8,000 is a strong value; above $16,000 should be premium condition, low miles, or a desirable specification.
Trending down: Toyota MR2 prices have dropped 3.4% recently. Patient buyers may benefit from waiting, but desirable examples still sell quickly.
Best value year: The 1985 model year has the lowest median price at $7,000, making it the most accessible entry point into Toyota MR2 ownership.
Negotiate: With an average of 125 days on market, sellers are often willing to negotiate. Listings over 60 days old are especially open to offers.